$686,655 - 2835 Sheffield Place Unit 5, London South
Condo for Sale in London South
Neighbourhood: South U
- MLS Number
- X13476470
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Modern Luxury Living & Exceptional Value in London Ontario- Halfway Between Toronto & Detroit! This beautiful 4-bedroom, 2.5-bath residence offers 2,527 sq. ft. of finished upscale living + an unfinished reverse lower level walk-out: ideal for a future income suite, multi-generational setup, or home business. Designed for flexibility, it's a home that adapts to your lifestyle. The open-concept layout features abundant natural light, & premium finishes throughout. Hardwood flooring & quartz surfaces enhance the warm, modern aesthetic. A chef-inspired kitchen w/ quartz island flows into the dining area & spacious great room w/ an oversized linear fireplace. A convenient powder room & office complete the level.The upper floor adds 4 bedrooms, including a luxurious primary suite w/ walk-in closet & 4 piece ensuite + a 5-piece main bath. Laundry is conveniently located on this level. The lower level offers fantastic future potential w/ 4-piece bath rough-in & 2 rooms -perfect for guests, a private suite or income potential. Westhaven Homes offers the perfect blend of contemporary convenience & peaceful nature in this thoughtfully designed London neighbourhood. Located in Victoria on the River - an enclave of executive homes set on a quiet, low traffic cul-de-sac & nestled amid mature trees, rolling hills, and wildflowers. Steps to the picturesque Thames River, residents enjoy serene walking trails riverside, listening to a myriad of birds along the forest, plus a private parkette perfect for picnics and play. Inside, every detail reflects Westhaven's signature craftsmanship. With an additional entry from the garage, the layout easily supports a self-contained unit. Ask about having a lower level rental unit completed to meet fire code for tenant-ready income potential! Close to Hwy 401, this location offers easy access for commuters & quick escapes to Grand Bend/Port Stanley's beaches. Photos of another unit, finishes & layout may vary.
Estimate your monthly payments for this property
Estimated Payment
$3,522.89/mo
Includes CMHC insurance ($19,158)
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 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
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.
2835 Sheffield Place Unit 5, 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 $275/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.
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.
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.