$399,900 - 51 SHOLTO Drive Unit 128, London South
Condo for Sale in London South
New — Listed 2 days agoNeighbourhood: South X
- MLS Number
- X13520524
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- TEAM GLASSER REAL ESTATE BROKERAGE INC.
Welcome to Unit 128 at 51 Sholto Drive: a beautifully maintained, well-managed condo townhome backing onto greenspace and a walking path/ravine, offering the perfect blend of style, comfort, convenience, and low-maintenance living in one of South London's most desirable neighbourhoods. Located just minutes from White Oaks Mall and Highway 401, nestled in a quiet, family-friendly community, this inviting home is ideal for first-time buyers, families, downsizers, or anyone looking to enjoy a carefree lifestyle without sacrificing space or location. A full top-to-bottom cosmetic renovation, including a newly finished basement, was completed in 2023. Bright, open-concept, functional living spaces create a warm and welcoming atmosphere, making everyday living and entertaining effortless. Main Features: Exceptionally low monthly condo fees ($270.00), new roof shingles (2025), hardwood flooring (main and upper levels; 2023), mini-split heating/AC and attic insulation (2021), 150-amp fuse electrical panel, new baseboard heaters (2023), dedicated parking directly in front of the unit, plus ample visitor/secondary vehicle parking. Main Floor: Generous open-concept kitchen, living, and dining area with excellent flow from the front door to the backyard. Updated kitchen (2023), dishwasher (2020), fridge (2017), stove (2024), flooring (2023), and updated 2-piece powder room (2023). Upper Level: Spacious primary bedroom with two large windows and a walk-in closet. Updated bathroom (2023). Two additional bedrooms, perfect for children, guests, or a home office. Basement: Fully finished (2023), offering a large secondary living space, dedicated laundry room, utility room, and ample storage. Whether you're looking for your first home, a smart investment, or the perfect place to simplify your lifestyle, Unit 128 at 51 Sholto Drive offers an exceptional opportunity to own in one of London's most sought-after communities. Nothing to do but move in!
Estimate your monthly payments for this property
Estimated Payment
$2,051.69/mo
Includes CMHC insurance ($11,157)
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 X
South X 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 X
- •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 X 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.
51 SHOLTO Drive Unit 128, London South
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Rental income estimator & ROI calculator
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 $400/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About South X
I know South X 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.
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.