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For sale
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$475,000

Estimated value $451K to $499K

Est. $2,225/mo mortgage

2bd·3ba·1,000-1,199sqft

861 Shelborne Street #8 · London, N5Z 5C5

MLS® X14155024

Listed yesterdayListed yesterday

Listing courtesy of Century 21 First Canadian Corp·Listing last changed yesterday

Key facts

Property type
Condo townhouse
Square footage
1,000-1,199 sqft
Storeys
1
Age
31-50 years
Parking
4 spaces
Property tax
$3,520/yr (2025)

Description

Space, light and comfortable bungalow living come together in this larger corner-unit condo at South River Estates! Featuring two bedrooms, three full bathrooms and a double-car garage, this inviting home benefits from additional windows that fill the interior with natural light. A vaulted ceiling adds to the airy feel of the living room, complemented by hardwood flooring, a gas fireplace and sliding doors to the new rear deck. The updated kitchen offers refreshed white cabinetry, new quartz countertops, stainless steel appliances and a gas stove, while the adjoining eating area opens to a charming front patio, perfect for morning coffee. Two main-floor bedrooms and two full bathrooms provide a practical layout. Oak stairs lead to the spacious finished lower level, where there's plenty of room for relaxing, entertaining, hobbies or a home gym, along with a third full bathroom. A brand new furnace, owned hot water tank (2026) and new paver stone driveway add further appeal. Enjoy the convenience of condo living in an established southeast London neighbourhood near beautiful parks and trails, shopping, dining and public transit, with convenient access to Victoria Hospital and Highway 401. An excellent opportunity to downsize without sacrificing space, natural light or a double garage. Quick closing available!

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Property details

Interior

Size
1,000-1,199 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Ground, 1 × 3-piece on Ground, 1 × 3-piece on Basement
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
Yes

Building & lot

Type
Condo townhouse, Bungalow
Age
31-50 years
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Storeys
1
Exposure
North South

Parking

Garage
2 car Attached
Parking
4 spaces
Locker
None

Fees & taxes

Condo fee
$382/mo
Fee includes
parking, taxes
Pets
Yes, with restrictions
Property tax
$3,520/yr (2025)
Corporation
MCC 326
Managed by
Village Property Management

Rooms

Ground

Primary Bedroom, hardwood floor, 3 pc ensuite, his and hers closets
4.31 × 3.56 m
Bathroom, 3 pc ensuite, stone counters
2.4 × 1.56 m
Kitchen, overlooks dining, stone counters, stainless steel appl
2.84 × 3.73 m
Foyer, Tile Floor
2.17 × 3.73 m
Dining Room, w/o to patio, overlook patio
3.31 × 2.57 m
Living Room, vaulted ceiling(s), gas fireplace, w/o to deck
5.17 × 4.8 m

Basement

Utility Room, B/I Shelves
2.68 × 6.56 m
Recreation, vinyl floor, b/i desk, b/i shelves
10.31 × 8.53 m
Bathroom, 3 Pc Bath
2.68 × 2 m
Pantry, Closet Organizers
4.57 × 1.11 m

Estimated value range

$451K to $499K

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
Glen Cairn →

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Schools nearbyclosest is St Sebastian Separate School, 660 m

Elementary

  • St Sebastian Separate School

    660 m · Grades JK-8

    London District Catholic School Board

    6.2
  • C C Carrothers Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    2.9
  • Glen Cairn Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    3.2

Secondary

  • G A Wheable Secondary School

    1.8 km · Grades 9-12

  • B Davison Secondary School

    2.1 km · Grades 9-12

    Thames Valley District School Board

  • Sir Wilfrid Laurier Secondary School

    2.4 km · Grades 9-12

    Thames Valley District School Board

    3.9

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,249/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,225
Property tax$293
Insurance (est.)$99
Utilities (est.)$250
Condo fee$382
Total monthly$3,249
Land transfer tax$5,975 on closing

Ontario LTT

$5,975

First-time rebate

−$4,000

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

Price & listing history

$475,000

Listed yesterday

On the market

Sold comparables nearby

5 - 9 Ailsa Place, London SouthSold

5 - 9 Ailsa Place, London South

3 bd·3 ba·1,400-1,599 sqft
39 - 1870 Evans Boulevard, London SouthSold

39 - 1870 Evans Boulevard, London South

3 bd·4 ba·1,600-1,799 sqft

See what these 6 homes sold for

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

Market conditionsBalanced market in London

5.8 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 96.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$392,733

Sale-to-list ratio

96.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $117,000 household income

Minimum household income required

$117,000

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

Not sure about financing? Call Colin at (226) 212-5099 or text

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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