- Bedrooms
- 5+2
- Bathrooms
- 5
- Size
- 3,000–3,500sq ft
- Per sq ft
- $468at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $10,3272025 tax year
- Built
- 0-5
- Parking
- 62 attached
- Days on market
- Members
The brief
About 7116 Silver Creek Circ
7116 Silver Creek Circ is a 5+2-bedroom, 5-bathroom detached house in South V, London South, listed for sale at an asking price of $1,519,999 (MLS® X14095656).
A RARE SOUTHWEST LONDON OPPORTUNITY ON AN EXTRAORDINARY 56' x 200' LOT! Welcome to 7116 Silver Creek Circle, an extensively upgraded residence offering exceptional space, luxury, functionality and outdoor living. Featuring approximately $200K in upgrades, this beautifully appointed home has been thoughtfully enhanced for both everyday living and entertaining.Offering 5 bedrooms, including a versatile main-level office, and 4 bathrooms, the home showcases upgraded finishes, fixtures and lighting throughout. The impressive kitchen features extensive cabinetry, premium finishes, a large pantry and a dedicated BUTLER'S KITCHEN, providing additional preparation, storage and entertaining space.The fully finished walkout basement offers exceptional versatility with 2 additional bedrooms, a full bathroom and a stylish wet bar. One bedroom is currently designed as a private theatre room. Direct walkout access provides a seamless connection to the backyard and expands the home's living and entertaining space.The double-car garage includes an added kitchenette with stove and refrigerator, offering valuable flexibility for entertaining, food preparation, storage or hobbies. Step outside to a fully fenced private backyard featuring a spacious balcony, outdoor sitting area and extensive concrete work. A gas line is already extended to the backyard, while the extraordinary 56' x 200' lot offers tremendous potential for a future backyard oasis, including a pool, subject to applicable approvals.Additional features include concrete stairs from the front/side entrance to the basement, security cameras, sensor lighting along the basement staircase and a sump pump.Ideally located in desirable Southwest London with convenient access to Colonel Talbot Road, major routes, schools, parks, shopping and everyday amenities. A rare combination of substantial upgrades, walkout design, double-car garage, exceptional outdoor space and an extraordinary lot - truly a property that offers more.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $10,327 / 2025
- MLS® number
- X14095656
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 0-5
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 56.09 x 149.18 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- South V
- Municipality
- London South
Building
- Size
- 3000-3500 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 5+2
- Bathrooms
- 5
- Bathroom Details
- 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 3pc 2nd, 1 × 2pc Main, 1 × 4pc Bsmt
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 56.09 ft
- Depth
- 149.18 ft
- Lot Size
- 56.09 x 149.18 ft
Additional
- Foundation
- Concrete, Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Stove, Dishwasher, Washer, Dryer, Hot Water Heater, WET BAR, Light Fixtures, Security Cameras
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Office | 3.6 × 3.39 m | — | Main |
| Living | 5.8 × 4.9 m | Fireplace | Main |
| Kitchen | 5.3 × 3.47 m | Pantry, Centre Island | Main |
| Dining | 4.2 × 3.99 m | — | Main |
| Mudroom | 2.1 × 2.74 m | — | Main |
| Primary | 5.8 × 4.91 m | 5 Pc Ensuite, W/I Closet | 2nd |
| 2nd Br | 4.6 × 3.51 m | W/I Closet, 4 Pc Ensuite | 2nd |
| 3rd Br | 4.2 × 3.05 m | W/I Closet | 2nd |
| 4th Br | 3.0 × 2.77 m | W/I Closet | 2nd |
| Laundry | 3.0 × 2.44 m | — | 2nd |
| Media/Ent | 3.0 × 2.77 m | — | Bsmt |
| Br | 3.0 × 2.77 m | — | Bsmt |
Listing history
Buy/sell history for 7116 Silver Creek Circ, 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 | $1,519,999 | N/A | For Sale | X14095656 |
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
- $304,000
- Total mortgage amount
- $1,215,999
- Total interest payment
- $864,501
- Total purchase cost
- $2,384,500
- Mortgage payment
- $6,935/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$7,796- Rent $0
- Shortfall $7,796
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $26,875
- Total land transfer tax
- $26,875
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $22,875
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 $1,519,999
- $22,400
- Ontario total
- $26,875
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
Lot
- Street frontage
- 56.09 ft17.1 m
- Depth
- 149.18 ft45.5 m
- Lot size
- Under 0.50 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 2 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.9 m.250 m
- Groundwater recorded about 21.3 m below ground nearbyThe middle water level in the well records within 500 m (26 records). It changes with the season and from spot to spot.500 m
- Bedrock about 76.8 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 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
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.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 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers. 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
Detached homes for sale in South V right now
- For sale now
- 156
- Median asking price
- $929K
- New in 7 days
- 10
- Price cuts
- 15%
Middle half: $838K to $1.13M
41 in 28 days
23 listings
This home is asking 64% above the median, higher than three quarters of them.
See all homes in South VAsking 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
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| École élémentaire La PommeraieConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 77%Grade 6 average |
| White Pine Public SchoolThames Valley DSB | Public · grades K–8 | 1.9 km | — |
| Lambeth Public SchoolThames Valley DSB | Public · grades JK–8 | 1.9 km | 90%Grade 6 average |
| St. Rose of Lima Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 3.1 km | 81%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 3.3 km | 46%Grade 9 math |
| Westminster Secondary SchoolThames Valley DSB | Public · grades 9–12 | 5.1 km | 38%Grade 9 math |
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 5.3 km | 64%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 5.9 km | 64%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 V are shown to signed-in members.