2835 Sheffield Place Unit 2, London South

Price: $823,500

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13476280

Executive living by Westhaven Homes -on the ravine with river views & walkout basement in quiet enclave of the Victoria on the River neighbourhood! Opportunity to build on premium lot backing onto protected green space. 4-bedroom, 3-bathroom, upscale, modern design, open concept plan in beautiful enclave next to walking/biking trails and forest along the Thames River! Classic stucco/brick facade. Open concept plan features 1930 sq ft of premium living on main & second floor plus future potential for additional living in the walkout basement. Hardwood throughout Living, Dining, Kitchen, Foyer & 2nd level hallway. Quartz counters in kitchen, bathrooms & laundry room. 9 ft ceiling on height on main AND 2nd floor bedroom level. Gas fireplace. Primary bedroom with 5-piece ensuite & spacious walk-in closet. 2nd bedroom with walk-in closet. Convenient 2nd floor laundry. Attached double car garage with inside entry. $143/month for insurance/snow removal on private road, lawn maintenance of common areas.

2835 Sheffield Place Unit 2 - Detached photo 1 of 2 in London South, Ontario
2835 Sheffield Place Unit 2 - Detached photo 2 of 2 in London South, Ontario
active
1/2

$823,500 - 2835 Sheffield Place Unit 2, London South

Detached for Sale in London South

Neighbourhood: South U

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13476280
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

Executive living by Westhaven Homes -on the ravine with river views & walkout basement in quiet enclave of the Victoria on the River neighbourhood! Opportunity to build on premium lot backing onto protected green space. 4-bedroom, 3-bathroom, upscale, modern design, open concept plan in beautiful enclave next to walking/biking trails and forest along the Thames River! Classic stucco/brick facade. Open concept plan features 1930 sq ft of premium living on main & second floor plus future potential for additional living in the walkout basement. Hardwood throughout Living, Dining, Kitchen, Foyer & 2nd level hallway. Quartz counters in kitchen, bathrooms & laundry room. 9 ft ceiling on height on main AND 2nd floor bedroom level. Gas fireplace. Primary bedroom with 5-piece ensuite & spacious walk-in closet. 2nd bedroom with walk-in closet. Convenient 2nd floor laundry. Attached double car garage with inside entry. $143/month for insurance/snow removal on private road, lawn maintenance of common areas.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,224.98/mo

Includes CMHC insurance ($22,976)

$
$
5%10%50%

5-yr fixed avg.

Principal: $741,150Interest: $503,369
Mortgage Amount$764,126
Total Interest$503,369
Est. Property Tax$583/mo
Total Cost$1,267,495

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: South U

Discover South U

South U 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 South U

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

South U 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.

70
Walk Score
Varies
Price Range

2835 Sheffield Place Unit 2, London South

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$583
Insurance (est.)-$172
Net Cash Flow+$2,445

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $549/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.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

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.

About South U

I know South U well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Similar Properties Nearby

Active listings in London South with similar features

Search
Log in
    2835 Sheffield Place Unit 2, London South | $823,500 | Battaglia Team