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232 CHELTON Road

London South, N6M 1B5·MLS® X13480394·

Listing courtesy of Royal Lepage Triland Realty·Updated 4 hours ago

For sale
1 / 49
3Beds
2Baths
1,500-2,000Sqft
16-30Year Built

Listing price

$679,900

Est. $3,238/mo

Days on market

1

Listed Jun 23, 2026

Description

Meticulously maintained and truly move in ready, this Summerside backsplit has been exceptionally well cared for inside and out. Offering over 2,300 sq. ft. of finished living space, this bright and spacious home provides a functional layout with plenty of room for the whole family. The main level features a living room, dining room, and eat in kitchen with island seating and tons of cabinet space. Upstairs offers three bedrooms and a full bathroom. The lower level includes a generous family room with a gas fireplace and a second full bathroom. The **finished fourth level** provides additional bonus living space along with a laundry and storage area. **Furnace and AC updated in 2025**. Attached 1.5 car garage with inside entry to the home and a convenient side door providing access to the backyard. Beautiful curb appeal with a charming front porch perfect for relaxing. Private treed backyard with patio. Excellent location in the family friendly Summerside community. Walk to schools, Meadowgate Park, and enjoy the strong sense of community this neighbourhood is known for. Just minutes from Highway 401 and several great amenities. A property you'll want to call home!

Property details

Garage

1 car Attached

Basement

Full, Partially Finished

Parking

3 spaces

Type

Detached — Backsplit 4

Heating

Forced Air

AI property estimate

$700,977Above Market
$660,183$741,771

82% confidence · 8 comparable sales analysed

Location & neighbourhood

South U

London South, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,238
Property tax$737
Insurance (est.)$142
Utilities (est.)$250
Total monthly$4,367

Land transfer tax

Ontario LTT

$10,073

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 23, 2026Listed
$679,900

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

$2,720

Rental yield

4.8%

Est. cash flow

-$1,647

Cap rate

3.3%

Best time to sell

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

Affordability

Minimum household income required

$163,753

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

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AI estimate

$700,977

Above Market

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