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1582 Chelton Place

London South, N6M 1M2·MLS® X13243274·

Listing courtesy of Nu-vista Premiere Realty INC.·Updated Jun 5

For sale
1 / 30
3Beds
3Baths
1,500-2,000Sqft
16-30Year Built

Listing price

$698,500

Est. $3,327/mo

Days on market

10

Listed Jun 4, 2026

Description

Quiet court location in a family friendly area of Summerside! Open concept plan boasting warm hardwood floors, vaulted ceilings and gas fireplace in great room, updated and upgraded kitchen featuring a sit up bar and a deluxe corner pantry. Spacious dinette area with patio doors to sun deck and rear yard. Extra large primary bedroom with massive walk in closet and 4 pc ensuite bath. Lots of open space the 2nd floor hallway as well as 2nd floor laundry. The lower level has been fully finished using high quality materials and craftsmanship. Lots of closets and storage space. The furnace and centra air updated in 2021. New Roof: 2019. Pantry and laundry room renovated in 2025. Kitchen remodelled in 2022, House repainted in 2022. Included Features: Stove, Fridge, Dishwasher, Washer, Dryer, Electric Awning, Hardwired Camera System, Alarm System, and Owned Hot Water Heater. This home is move in ready. Book a private viewing today!

Property details

Garage

2 car Attached

Basement

Full, Finished

Parking

6 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$674,053Below Market
$632,143$715,963

82% confidence · 8 comparable sales analysed

Location & neighbourhood

South U

London South, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,327
Property tax$757
Insurance (est.)$146
Utilities (est.)$250
Total monthly$4,479

Land transfer tax

Ontario LTT

$10,445

First-time rebate

$4,000

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

Price & listing history

Jun 4, 2026Listed
$698,500

Sold comparables nearby

86 Edmunds Crescent, London SouthSold

$569,900

86 Edmunds Crescent, London South

3 bd·3 ba·1,500-2,000 sqft
833 Deveron Crescent, London SouthSold

$561,500

833 Deveron Crescent, London South

3 bd·3 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South U

Buyer's marketBalancedSeller's market

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

$2,794

Rental yield

4.8%

Est. cash flow

-$1,685

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$167,981

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$674,053

Below Market

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