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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13749128For SaleCondo Townhouse

9-2 Cadeau Terr

South B, London South, Ontario N6K 4G1

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9-2 Cadeau Terr, London South, photo 1
Asking$589,900
Bedrooms
2
Bathrooms
2
Size
1,400–1,599sq ft
Per sq ft
$393at the range’s middle
Tax a year
$4,4092025 tax year
Built
31-50
Parking
42 attached
Days on market
Members

The brief

About 9-2 Cadeau Terr

9-2 Cadeau Terr is a 2-bedroom, 2-bathroom condo townhouse in South B, London South, listed for sale at an asking price of $589,900 (MLS® X13749128).

Welcome to Unit 9 at 2 Cadeau Terrace, a beautifully updated two-bedroom, two-bathroom bungalow in one of Byron's most desirable neighbourhoods. Extensively updated since 2023, this inviting home blends modern finishes with comfortable main-floor living and features one of the largest courtyards at 2 Cadeau Terrace, complete with a private nook perfect for an intimate dinner or quiet relaxation. At the heart of the home is a $50,000 Stone Mill-designed chef's kitchen featuring custom cabinetry, quartz countertops and a matching quartz backsplash, a large centre island, a CAFE dishwasher, upgraded hardware, lighting and so much more. New luxury vinyl flooring and trim are found throughout the main level, connecting the open-concept kitchen and living area with the bedrooms and a large dining room featuring a modern electric fireplace-an inviting setting for entertaining. New LED pot lights and modern farmhouse light fixtures enhance the home throughout. The generous primary suite offers a private ensuite and dual closets, while the second bedroom, currently used as a den, provides flexibility for guests or a home office. A second full bathroom and convenient main-floor laundry complete the level. The unfinished lower level offers abundant storage and potential for additional living space. A double-car garage and beautifully refreshed front gardens add to the appeal. Recent improvements include the kitchen, flooring, upgraded baseboards, lighting, paint, bathroom updates, laundry room and landscaping. Set within a quiet, established condominium community surrounded by mature trees, this home offers low-maintenance living with condo fees covering snow removal, lawn care and common-area maintenance. Enjoy nearby Springbank Park, walking trails, shopping and restaurants-all part of the lifestyle that makes Byron such a wonderful place to call home.

Insights

  • Condition Score

    Good

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,469/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 5 condos with 2 bedrooms for lease in London South right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,409 / 2025
MLS® number
X13749128
Board
TRREB MLS®
Property Type
Condo Townhouse
Building Age
31-50
Days on market
Size
1400-1599 sqft
Listed on
Parking
2 Attached, 4 Parking
Listing brokerage: RE/MAX ADVANTAGE REALTY LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
Bungalow
Community
South B
Municipality
London South

Building

Size
1400-1599 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 3pc Main, 1 × 3pc Main
Basement Type
Unfinished
Kitchens
1

Parking

Garage Type
Attached
Garage
2
Additional Parking
2
Total Parking
4

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
No
Den
No
Family room
No
Extras
Dishwasher
Condo maint.
$510

Rooms

RoomSizeFeaturesLevel
Living4.56 × 4.98 m—Main
Kitchen5.82 × 2.98 m—Main
Dining5.39 × 3.59 m—Main
Laundry2.08 × 2.05 m—Main
Primary4.83 × 4.06 m—Main
Br3.52 × 3.59 m—Main

Listing history

Buy/sell history for 9-2 Cadeau Terr, London South, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$589,900N/AFor SaleX13749128

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $117,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$117,980
Total mortgage amount
$471,920
Total interest payment
$335,680
Total purchase cost
$925,580
Mortgage payment
$2,692/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

64%

Monthly carrying cost

$3,569
−$1,469per month
  • Rent $2,100
  • Shortfall $1,469

Rental income opens at $2,100, the median asking rent of 5 comparable homes for lease in London South. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$8,273
Total land transfer tax
$8,273
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$4,273
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $589,900
$3,798
Ontario total
$8,273

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

11 records · 5 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at a household 110 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Oxford Pollution Control Plant, 430 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by London Hydro Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 110 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (110 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.110 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in South B right now

For sale now
19
Median asking price
$500K

Middle half: $432K to $570K

New in 7 days
0

7 in 28 days

Price cuts
26%

5 listings

This home is asking 18% above the median, higher than three quarters of them.

See all homes in South B

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Byron Northview Public SchoolThames Valley DSBPublic · grades JK–8800 m74%Grade 6 average
John Dearness Public SchoolThames Valley DSBPublic · grades JK–81.3 km93%Grade 6 average
St. Nicholas Senior Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81.4 km86%Grade 6 average
École élémentaire Marie-CurieConseil scolaire ViamondeFrench-language public · grades JK–61.8 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Thomas Aquinas Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–121 km64%Grade 9 math
Oakridge Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion2.9 km64%Grade 9 math
Saunders Secondary SchoolThames Valley DSBPublic · grades 9–125 km46%Grade 9 math
Sir Frederick Banting Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion5.3 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in South B are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record