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$1,448,850

Est. $6,788/mo mortgage

4bd·5ba·3,000-3,500sqft

7132 SILVER CREEK Circle · London South, N6P 0G9

MLS® X12997766

162 days on market162 days on market

Listed Apr 14, 2026

Listing courtesy of Century 21 First Canadian Corp. Dean Soufan INC.·Updated Apr 17

Description

BRAND NEW- Walk-Out Basement w/Creek Views!! Springfield Custom Homes offers the epitome of luxury living in Silverleaf Estates. Nestled in a family-oriented community and surrounded by parks and trails, this TO BE BUILT (estimated completion is December 2026) executive home defines elegance, sophistication, and comfort, ideally located just minutes from Highways 401 and 402. Boasting 4 bedrooms and 4.5 bathrooms, this immaculate residence features approximately 3,300 sq. ft. above grade boasting 9 ft Main Floor & Second Floor ceilings along with 8 ft Doors. Every detail has been thoughtfully curated-from the striking exterior with fluted wall panels and stone accents to the concrete driveway that enhances its curb appeal. Step inside to discover a show-stopping custom kitchen with a rounded island, premium cabinetry, high-end finishes, and a hidden walk-in pantry with floating shelves for additional storage. The open-concept great room showcases a tiled feature wall with a linear electric fireplace. Patio door leading to a spacious backyard. Upstairs, the Primary Suite is a true retreat, featuring a spa-inspired 5-piece ensuite, and two custom walk-in closets, while each secondary bedroom features a dedicated bathroom and walk-in closet. The unfinished basement includes a separate entrance from the garage, ideal for multi generational living, guests, or potential in-law accommodations. Engineered hardwood flooring throughout, and meticulous craftsmanship in every room. Located close to the new White Pine Public Elementary School, the YMCA Community Centre, and endless nearby amenities. *MLS photos are from a previously built model home and are provided for illustrative purposes only. Actual finishes, features, and layout may vary. *Price includes proposed 2026 HST rebates. Final rebate amount is subject to the passing of Provincial and Federal legislation and purchaser eligibility as per government guidelines, including primary residence or qualifying rental.

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Property details

Interior

Interior
3000-3500 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 5-piece on Second, 3 × 3-piece on Second
Basement
Separate Entrance, Walk-Out
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
New
Lot size
45.93 × 128.22 ft · < .50 acres
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Fibreglass Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Driveway
Private Double (2 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$2,230/yr (2025)

Rooms

Main

Kitchen
5.38 × 6.22 m
Dining Room
3.66 × 3.17 m
Mud Room
1.83 × 2.44 m
Foyer
1.65 × 2.26 m
Family Room, Fireplace
4.57 × 5.49 m
Den
3.78 × 3.17 m

Second

Bedroom 3, 3 pc ensuite, walk-in closet(s)
3.96 × 3.17 m
Bedroom 4, 3 Pc Ensuite
3.96 × 3.17 m
Bedroom 2, 3 pc ensuite, walk-in closet(s)
3.35 × 3.48 m
Primary Bedroom, 5 pc ensuite, walk-in closet(s)
4.88 × 5 m

AI property estimate

$1,175,000Estimate is ~18.9% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$1,057,500$1,292,500

73% confidence · 38 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Lambeth

London South, ON

Growing south-end community with new builds and green space.

Monthly paymentest. $8,212/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$6,788
Property tax$873
Insurance (est.)$302
Utilities (est.)$250
Total monthly$8,212
Land transfer tax$25,452 on closing

Ontario LTT

$25,452

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$1,448,850

Listed Apr 14, 2026

On the market

Sold comparables nearby

2400 Red Thorne Avenue, London SouthSold

2400 Red Thorne Avenue, London South

3 bd·3 ba·1,500-2,000 sqft
1193 Thornley Street, London SouthSold

1193 Thornley Street, London South

4 bd·3 ba·2,000-2,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Lambeth

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$1,082,483

Sale-to-list ratio

95.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $348,000 household income

Minimum household income required

$348,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$3,350/mo median for 4 bed nearby

$3,350/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 14 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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