7116 Silver Creek Circle, London South

Price: $1,519,999

7 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: X14095656

A RARE SOUTHWEST LONDON OPPORTUNITY ON AN EXTRAORDINARY 56' x 200' LOT! Welcome to 7116 Silver Creek Circle, an extensively upgraded residence offering exceptional space, luxury, functionality and outdoor living. Featuring approximately $200K in upgrades, this beautifully appointed home has been thoughtfully enhanced for both everyday living and entertaining.Offering 5 bedrooms, including a versatile main-level office, and 4 bathrooms, the home showcases upgraded finishes, fixtures and lighting throughout. The impressive kitchen features extensive cabinetry, premium finishes, a large pantry and a dedicated BUTLER'S KITCHEN, providing additional preparation, storage and entertaining space.The fully finished walkout basement offers exceptional versatility with 2 additional bedrooms, a full bathroom and a stylish wet bar. One bedroom is currently designed as a private theatre room. Direct walkout access provides a seamless connection to the backyard and expands the home's living and entertaining space.The double-car garage includes an added kitchenette with stove and refrigerator, offering valuable flexibility for entertaining, food preparation, storage or hobbies. Step outside to a fully fenced private backyard featuring a spacious balcony, outdoor sitting area and extensive concrete work. A gas line is already extended to the backyard, while the extraordinary 56' x 200' lot offers tremendous potential for a future backyard oasis, including a pool, subject to applicable approvals.Additional features include concrete stairs from the front/side entrance to the basement, security cameras, sensor lighting along the basement staircase and a sump pump.Ideally located in desirable Southwest London with convenient access to Colonel Talbot Road, major routes, schools, parks, shopping and everyday amenities. A rare combination of substantial upgrades, walkout design, double-car garage, exceptional outdoor space and an extraordinary lot - truly a property that offers more.

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New Listing
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$1,519,999 - 7116 Silver Creek Circle, London South

Detached for Sale in London South

New — Listed 5 days ago

Neighbourhood: South V

7Beds
5Baths
3,000 - 3,499Sq Ft
Detached

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Property Details
MLS Number
X14095656
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
7
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
London South
Lot Size
8,030 sqft
Taxes (2025)
$10,327
Listing Brokerage
CIRCLE REAL ESTATE
Description

A RARE SOUTHWEST LONDON OPPORTUNITY ON AN EXTRAORDINARY 56' x 200' LOT! Welcome to 7116 Silver Creek Circle, an extensively upgraded residence offering exceptional space, luxury, functionality and outdoor living. Featuring approximately $200K in upgrades, this beautifully appointed home has been thoughtfully enhanced for both everyday living and entertaining.Offering 5 bedrooms, including a versatile main-level office, and 4 bathrooms, the home showcases upgraded finishes, fixtures and lighting throughout. The impressive kitchen features extensive cabinetry, premium finishes, a large pantry and a dedicated BUTLER'S KITCHEN, providing additional preparation, storage and entertaining space.The fully finished walkout basement offers exceptional versatility with 2 additional bedrooms, a full bathroom and a stylish wet bar. One bedroom is currently designed as a private theatre room. Direct walkout access provides a seamless connection to the backyard and expands the home's living and entertaining space.The double-car garage includes an added kitchenette with stove and refrigerator, offering valuable flexibility for entertaining, food preparation, storage or hobbies. Step outside to a fully fenced private backyard featuring a spacious balcony, outdoor sitting area and extensive concrete work. A gas line is already extended to the backyard, while the extraordinary 56' x 200' lot offers tremendous potential for a future backyard oasis, including a pool, subject to applicable approvals.Additional features include concrete stairs from the front/side entrance to the basement, security cameras, sensor lighting along the basement staircase and a sump pump.Ideally located in desirable Southwest London with convenient access to Colonel Talbot Road, major routes, schools, parks, shopping and everyday amenities. A rare combination of substantial upgrades, walkout design, double-car garage, exceptional outdoor space and an extraordinary lot - truly a property that offers more.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,723.47/mo

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5-yr fixed avg.

Principal: $1,215,999Interest: $801,041
Mortgage Amount$1,215,999
Total Interest$801,041
Est. Property Tax$1,077/mo
Total Cost$2,017,040

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.

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Neighbourhood Guide: South V

Discover South V

South V 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 V

  • •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 V 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

7116 Silver Creek Circle, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,077
Insurance (est.)-$317
Net Cash Flow+$3,606

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 $507/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.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.

Bathroom Count Matters

With 5 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.

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    7116 Silver Creek Circle, London South | $1,519,999 | Battaglia Team