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$549,000

Est. $2,572/mo mortgage

3bd·4ba·1,600-1,799sqft

745 CHELTON Road #21 · London South, N6M 0J1

MLS® X13560204

71 days on market71 days on market

Listed Jul 14, 2026

Listing courtesy of King Realty INC.·Updated Jul 14

Description

Welcome to this beautifully maintained condo townhouse, offering modern living with 3 spacious bedrooms and 4 bathrooms in a highly desirable location. The main floor features an open-concept layout with a bright family room, elegant dining area, and a modern kitchen designed for both everyday living and entertaining. The finished basement includes a large recreation room and a full bathroom, providing excellent additional living space ideal for guests, a home office, or entertainment area. Step outside to enjoy the private deck, perfect for summer gatherings and relaxation. Conveniently located close to shopping, schools, parks, Victoria Hospital, and with easy access to Highway 401, this home is an excellent opportunity for families, professionals, or investors alike.

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Property details

Interior

Interior
1600-1799 sqft
Rooms
9 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Basement, 2 × 3-piece on Second
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Age
0-5 years
Exterior
Brick, Shingle
Roof
Shingles
Exposure
North

Parking

Garage
1 car Attached
Parking
3 spaces
Locker
None

Fees & taxes

Condo fee
$286/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$3,822/yr (2025)
Corporation
MSCP 969
Managed by
LIONHEART PROPERTY MANAGEMENT

Building amenities

Visitor Parking

Rooms

Main

Living Room
2.95 × 5.26 m
Dining Room
2.95 × 3.66 m
Kitchen
2.95 × 3.66 m

Second

Primary Bedroom
4.24 × 4.88 m
Bedroom
2.84 × 4.29 m
Bedroom
3 × 3.38 m

Basement

Family Room
5.82 × 5.51 m

AI property estimate

$459,000Estimate is ~16.4% 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. $3,553/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,572
Property tax$331
Insurance (est.)$114
Utilities (est.)$250
Condo fee$286
Total monthly$3,553
Land transfer tax$7,455 on closing

Ontario LTT

$7,455

First-time rebate

$4,000

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

Price & listing history

$549,000

Listed Jul 14, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

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 $135,000 household income

Minimum household income required

$135,000

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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