$499,000 - 7 Cadeau Terrace Unit 17, London South
Condo for Sale in London South
New — Listed 6 days ago- MLS Number
- X13441244
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- REAL BROKER ONTARIO LTD
Welcome to Unit 17 at 7 Cadeau Terrace, a thoughtfully designed bungalow condo tucked into one of Byron's most desirable communities. Offering the ease of one-floor living, this home combines spacious principal rooms, a private outdoor setting, and the opportunity to make it your own. The main floor features a bright eat-in kitchen, an open concept dining area for hosting family and friends and a generous living room, and a versatile den that's perfect for a home office, reading room, or hobby space. The primary suite overlooks peaceful green space and includes a walk-in closet and private ensuite bathroom. An additional full bathroom on the main floor adds convenience for guests and everyday living. Step outside to enjoy the covered front porch or unwind on the private rear deck surrounded by mature greenery. It's the perfect spot for morning coffee, summer evenings, or simply enjoying the quiet atmosphere this welcoming community is known for. Downstairs, the finished lower level offers incredible flexibility with a full bathroom, new flooring, and updated baseboards already in place. Whether you're envisioning a recreation room, fitness area, guest space, workshop, or a combination of uses, the space is ready for your ideas. Complete with a two-car garage and located just minutes from West 5, Springbank Park, Byron's popular cafés, restaurants, grocery stores, and extensive walking trails, this is an opportunity to enjoy a relaxed lifestyle in one of London's most sought-after neighbourhoods. Come see the potential and imagine how this home can become your next chapter.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London South
London South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London South
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
7 Cadeau Terrace Unit 17, London South
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $499/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.