$399,000 - 850 Berkshire Drive Unit 8, London South
Condo for Sale in London South
68 days on marketNeighbourhood: South N
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- MLS Number
- X13685088
- Property Type
- Condo
- Status
- active
- Days on Site
- 68
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,800 sqft
- Neighbourhood
- London South
- Taxes (2025)
- $3,018
- Maintenance Fees
- $425/mo
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CITYSCAPE REAL ESTATE LTD.
Welcome to 850 Berkshire Dr #8, an exciting opportunity for renovators, investors, contractors, or buyers looking to create a home of their own in London's established Berkshire Village community. Offering 4 bedrooms, 4 bathrooms, generous principal rooms, a main-floor office and finished basement space, this home has the size and functional layout to become something special. The property requires updating and renovation, making it an ideal opportunity for a buyer with vision. Whether you're looking for your next renovation project, an investment opportunity, or a spacious family home you can improve over time, this property provides an excellent canvas to work with. Bring Your Vision & Unlock the Potential The main floor offers an impressive amount of living space, beginning with a tiled foyer and continuing into a large open kitchen and dining area. The dining room features a walkout to the deck, creating an excellent opportunity to design an indoor/outdoor entertaining space. A separate main-floor office is ideal for today's work-from-home lifestyle, while the L-shaped living room opens into a spacious family room, providing plenty of room to rethink, redesign and modernize the main living areas. A convenient 2-piece powder room completes the main level. With approximately 8-foot main-floor ceilings and generously proportioned rooms, the existing layout provides a strong starting point for a thoughtful renovation. Four Bedrooms & Excellent Family-Sized Layout Upstairs you'll find four bedrooms, including an exceptionally spacious primary bedroom measuring approximately 16'10" x 13'4", complete with hardwood flooring, a double closet, large window and private 3-piece ensuite. Three additional bedrooms feature hardwood flooring, closets and windows, offering flexibility for a growing family, children's rooms, guest accommodations or additional workspace. A separate 4-piece main bathroom serves the secondary bedrooms.
Estimate your monthly payments for this property
Estimated Payment
$2,047.08/mo
Includes CMHC insurance ($11,132)
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 N
South N 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 N
- •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 N 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.
850 Berkshire Drive Unit 8, 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 $222/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.
Negotiation Opportunity
At 68 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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. The $425/month fees should cover building insurance, common elements, and reserve contributions.
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 4 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 N
I know South N 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.