745 CHELTON Road #53
London South, N6M 0J1·MLS® X13220922·
Listing courtesy of Re/max Twin City Realty INC.·Updated Jun 1
Listing price
$499,900
Est. $2,381/mo
Days on market
Listed Jun 1, 2026
Description
Welcome to this well-appointed bungalow offering 3 bedrooms /3 bath and 2,373 sq. ft. of total finished living space. The bright main floor features 1,267 sq. ft., impressive 9-foot ceilings, engineered hardwood in the living area, and ceramic tile in the kitchen and wet areas. The spacious kitchen offers plenty of cabinetry and quartz countertops, providing both style and functionality. The living room provides access to a private deck, perfect for relaxing or entertaining. Convenient main-floor laundry completes the level. The primary bedroom features a 3-piece ensuite and a walk in closet , while the main floor also includes a 4-piece bathroom, a powder room, and an additional bedroom. The finished basement (1,106 sq. ft.) expands the living space with a large recreation area, one bedroom, and a 4-piece bathroom, ideal for guests or extended family. Additional highlights include a single-car garage, six appliances ( as is conditions ) , and quality finishes throughout. The unit has been previously occupied, with Tarion warranty commencing November 8, 2021.
Property details
Garage
1 car Attached
Basement
Finished
Parking
2 spaces
Type
Condo Townhouse — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$565,000
211 - 2025 Meadowgate Boulevard, London South
Sold$584,777
1 - 530 Gatestone Road, London South
See all 10 comparables
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Market conditions · South U
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,000
Rental yield
4.8%
Est. cash flow
-$1,276
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$122,867
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$515,397
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