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$650,000

Est. $3,045/mo mortgage

3bd·4ba·1,600-1,799sqft

745 Chelton Road #40 · London South, N6M 0J1

MLS® X13107360

137 days on market137 days on market

Listed May 9, 2026

Listing courtesy of Icloud Realty LTD.·Updated Sep 11

Description

End unit condo townhouse, 3+1 bedrooms and 3.5 bathrooms. The Seller Paid for it seriously more than asking price on August 18, 2022. Only one Sp.Dr. lived in it and kept better than it received from the builder. The Seller has the whole papers on the purchase (included 7 year structural warranty of Tarion (Ontario new Home Warranty) since 2022. Lower level boasts a huge recreation room with 2 large windows and 3pce bath - room could be used as an extra large bedroom, guest suite or family room. The garage has house access. The Viola style of Ireonstone, the builder offered 1996sf as it shows in the design. The inviting outdoor deck is perfect for summer enjoyment. Easy access to highway 401, hospitals and all amenities.

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Property details

Interior

Interior
1600-1799 sqft
Rooms
6 rooms
Bathrooms
1 × 3-piece on Second, 1 × 4-piece on Upper, 1 × 2-piece on Main, 1 × 3-piece on Lower
Basement
Finished
Heating
Forced Air
Cooling
Central Air
Laundry
Y

Building & lot

Type
Condo Townhouse, 2-Storey
Age
0-5 years
Exterior
Brick Veneer, Vinyl Siding
Storeys
1
Exposure
West

Parking

Garage
1 car Built-In
Parking
2 spaces
Locker
Ensuite

Fees & taxes

Condo fee
$286/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$4,007/yr (2026)
Corporation
MSCP 969
Managed by
Lionheart Property Management

Rooms

Main

Kitchen, ceramic floor, quartz counter, open concept
3.36 × 2.75 m
Dining Room, hardwood floor, w/o to deck, overlooks backyard
3.66 × 2.15 m
Living Room, hardwood floor, large window, open concept
5.5 × 3.35 m

Second

Bedroom 3, large closet, broadloom
3.97 × 3.05 m
Bedroom 2, large closet, broadloom
4.26 × 2.75 m

Upper

Primary Bedroom, 4 pc ensuite, walk-in closet(s), large window
4.58 × 3.36 m

Lower

Recreation, 3 pc bath, large window
5.8 × 4.27 m
Foyer, 2 Pc Bath
n/a

AI property estimate

$459,000Estimate is ~29.4% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$413,100$504,900

78% confidence · 34 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Summerside

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Monthly paymentest. $4,108/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,045
Property tax$392
Insurance (est.)$135
Utilities (est.)$250
Condo fee$286
Total monthly$4,108
Land transfer tax$9,475 on closing

Ontario LTT

$9,475

First-time rebate

$4,000

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

Price & listing history

$650,000

Listed May 9, 2026

On the market

Sold comparables nearby

72 - 3320 Meadowgate Boulevard, London SouthSold

72 - 3320 Meadowgate Boulevard, London South

2 bd·1 ba·1,200-1,399 sqft
83 - 1870 Evans Boulevard, London SouthSold

83 - 1870 Evans Boulevard, London South

3 bd·4 ba·1,600-1,799 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$413,142

Sale-to-list ratio

96.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $159,000 household income

Minimum household income required

$159,000

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$2,500/mo median for 3 bed nearby

$2,500/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 43 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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