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For sale
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$539,900

Estimated value $513K–$531K

Est. $2,529/mo mortgage

2bd·3ba·1,200-1,399sqft

861 Shelborne Street #6 · London South, N5Z 5C5

MLS® X13864298

2 days on market2 days on market

Listed Oct 5, 2026

Listing courtesy of Real Broker Ontario LTD·Updated 13 hours ago

Description

Rare find in sought after South River Estates! This beautifully maintained 2-bedroom, 3-bathroom bungalow townhome offers stylish, low maintenance living with the added bonus of a fully finished walkout lower level with patio doors a hard to find feature in the complex.A private courtyard welcomes you into a bright, spacious interior featuring soaring cathedral ceilings, beautiful hardwood flooring less than 2 years old and valued at over $15,000, and a cozy gas fireplace. The generous primary bedroom easily accommodates a king size bed and offers dual closets and a private ensuite. The main bathroom was tastefully updated in 2025 with new tile and flooring and newer Bathfitters tub surround and convenient main-floor laundry makes everyday living effortless. The fully finished walkout lower level provides exceptional additional living space with a huge family room, second gas fireplace, new vinyl flooring, oversized den/office, third full bathroom, ample storage, and patio doors leading directly outside. An ideal layout for entertaining, overnight guests, a home office, or extended family. Additional features include a double-car garage, interlocking brick driveway, and low condo fees covering exterior maintenance, lawn care, and snow removal. Recent improvements include newer roofs and eavestroughs, with bricked driveway. Enjoy the upper deck, great for entertaining. Offering comfort, space, and carefree living in a desirable South London community, this exceptional bungalow townhome is a rare opportunity especially with its sought after walkout lower level.

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Property details

Interior

Size
1200-1399 sqft
Rooms
10 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Main, 1 × 4-piece on Lower
Basement
Full, Finished, Walk-Out
Heating
Forced Air
Cooling
Central Air
Laundry
Y

Building & lot

Type
Condo Townhouse, Bungalow
Age
31-50 years
Exterior
Brick
Roof
Asphalt Shingle
Storeys
1
Exposure
North

Parking

Garage
2 car Attached
Parking
4 spaces
Locker
None

Fees & taxes

Condo fee
$365/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$3,638/yr (2025)
Corporation
MCC 326
Managed by
Village Property Management

Rooms

Main

Primary Bedroom
4.36 × 3.78 m
Kitchen
3.35 × 2.74 m
Bedroom 2
2.74 × 2.74 m
Dining Room
2.74 × 2.74 m
Living Room
5.06 × 4.88 m

Lower

Recreation
7.01 × 5.79 m
Den
4.27 × 3.66 m

Estimated value range

$513K–$531K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Pond Mills →

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly paymentest. $3,582/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,529
Property tax$325
Insurance (est.)$112
Utilities (est.)$250
Condo fee$365
Total monthly$3,582
Land transfer tax$7,273 on closing

Ontario LTT

$7,273

First-time rebate

−$4,000

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

Price & listing history

$539,900

Listed Oct 5, 2026

On the market

Sold comparables nearby

62 - 320 Westminster Avenue, London SouthSold

62 - 320 Westminster Avenue, London South

3 bd·2 ba·1,000-1,199 sqft
25 - 9 Ailsa Place, London SouthSold

25 - 9 Ailsa Place, London South

3 bd·3 ba·1,400-1,599 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer's market in Glen Cairn

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$392,833

Sale-to-list ratio

97.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $133,000 household income

Minimum household income required

$133,000

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$1,697/mo median for 2 bed nearby

$1,697/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 50 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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