40-2 Cadeau Terr
South B, London South, Ontario N6K 4G4
- Bedrooms
- 2+1
- Bathrooms
- 4
- Size
- 1,400–1,599sq ft
- Per sq ft
- $433at the range’s middle
- Tax a year
- $4,7442025 tax year
- Built
- 31-50
- Parking
- 42 attached
- Days on market
- Members
The brief
About 40-2 Cadeau Terr
40-2 Cadeau Terr is a 2+1-bedroom, 4-bathroom condo townhouse in South B, London South, listed for sale at an asking price of $649,900 (MLS® X13632718).
THIS IS THE ONE YOU HAVE BEEN WAITING FOR. BACKING ONTO A WOODED RAVINE, THIS CONDO IS A PERFECT ONE FLOOR BUNGALOW IN A PRIME FRIENDLY COMPLEX JUST A SHORT DISTANCE FROM THE HEART OF BYRON. THE EXTERIOR DRAWS YOU IN WITH AN INVITING WALLED FRONT TERRACE ANDTHE BACK IS ALL IN WITH A TRANQUIL SETTING SURROUNDED BY NATURE AND MATURE TREES VISABLE FROM YOUR KITCHEN EATING AREA AND LIVING ROOM. A SPACIOUS TILED FOYER IS ILLUMINATED BY A BRIGHT SKYLIGHT AND BOASTS A 2 PC POWDER ROOM AND MAIN FLOOR LAUNDRY. THE LIVING ROOM IS COZY WITH A GAS FIREPLACE, BRAZILIAN WALNUT HARDWOOD FLOOR, CALIFORNIA SHUTTERS AND CROWN MOULDINGS. THE MODERN EAT IN KITCHEN STANDS OUT WITH CUSTOM BUILT-INS IN THE EATING AREA, GRANITE COUNTER TOPS AND LOTS OF COUNTER SPACE. BOTH MAIN FLOOR BEDROOMS HAVE DEDICATED EN-SUITE BATHROOMS. THE PRIMARY BEDROOM HAS A WALK-IN CLOSET AND THE SECOND BEDROOM HAS BAMBOO FLOORING - BOTH BEDROOMS HAVE CALIFORNIA SHUTTERS. THE FULLY FINISHED LOWER LEVEL FEATURES A FAMILY ROOM, HOBBY ROOM, WET BAR AND BEDROOM WITH EN-SUITE BATHROOM. THIS SPACIOUS BUNGALOW IS STEPS FROM SPRINGBANK PARK AND WARBLER WOODS HIKING TRAILS AND OUTDOOR RECREATION IS DIRECTLY AT YOUR DOOR STEP. EASY ACCESS TO BOTH HIGHWAY 401 AND 402 MAKES THIS FOR EFFORTLESS COMMUTING. SEE THIS ONE TODAY.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall23/100−$1,432/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 29 condos with 3 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
- $4,744 / 2025
- MLS® number
- X13632718
- 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
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+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Main, 1 × 4pc Main, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Refrigerator, Stove, Dishwasher, Washer, Dryer, Hot Water Heater, Lower Level Refrigerator
- Condo maint.
- $472
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.33 × 4.13 m | — | Main |
| Dining | 3.18 × 3.55 m | — | Main |
| Kitchen | 2.72 × 3.55 m | — | Main |
| Primary | 4.3 × 4.05 m | — | Main |
| Br | 3.66 × 4.03 m | — | Main |
| Laundry | 2.52 × 2.13 m | — | Main |
| Family | 6.55 × 7.77 m | Wet Bar | Bsmt |
| Br | 3.42 × 3.26 m | — | Bsmt |
| Other | 3.4 × 2.77 m | — | Bsmt |
| Utility | 3.92 × 2.51 m | — | Bsmt |
| Workshop | 3.48 × 2.78 m | — | Bsmt |
| Other | 1.47 × 3.85 m | — | Bsmt |
Listing history
Buy/sell history for 40-2 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 Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $649,900 | N/A | Ext | X13632718 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $129,980
- Total mortgage amount
- $519,920
- Total interest payment
- $369,580
- Total purchase cost
- $1,019,480
- Mortgage payment
- $2,965/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
59%Monthly carrying cost
$3,832- Rent $2,400
- Shortfall $1,432
Rental income opens at $2,400, the median asking rent of 29 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
- $9,473
- Total land transfer tax
- $9,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,473
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 $649,900
- $4,998
- Ontario total
- $9,473
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.
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
- 18
- Median asking price
- $500K
- New in 7 days
- 0
- Price cuts
- 28%
Middle half: $437K to $580K
7 in 28 days
5 listings
This home is asking 30% above the median, higher than three quarters of them.
See all homes in South BAsking 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Byron Northview Public SchoolThames Valley DSB | Public · grades JK–8 | 800 m | 74%Grade 6 average |
| John Dearness Public SchoolThames Valley DSB | Public · grades JK–8 | 1.3 km | 93%Grade 6 average |
| St. Nicholas Senior Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.4 km | 86%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 1.8 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1 km | 64%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 2.9 km | 64%Grade 9 math |
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 5 km | 46%Grade 9 math |
| Sir Frederick Banting Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 5.3 km | 55%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
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Sold prices in South B are shown to signed-in members.