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$587,611

Estimated value $558K to $617K

Est. $2,753/mo mortgage

4bd·4ba·1,800-1,999sqft

2927 Petty Road · London, N6E 1L7

MLS® X13790220

47 days on market47 days on market

Listed Sep 16, 2026

Listing courtesy of Thrive Realty Group INC.·Listing last changed 6 days ago

Key facts

Property type
Detached condo
Square footage
1,800-1,999 sqft
Storeys
3
Age
New
Parking
2 spaces

Description

Experience the difference of a home built beyond the ordinary. This brand-new 4-bedroom, 4-bathroom townhome at Olive Tree Gardens by Millstone Homes offers nearly 2,000 sq. ft. of thoughtfully designed living space across three levels. The versatile layout features a ground-floor bedroom with backyard walkout, an open-concept main level with a spacious island kitchen, dining area, living room, pantry, and private deck, plus three additional bedrooms on the upper level, including a primary retreat with ensuite and walk-in closet. Built to the same construction and finishing standards found in Millstone's custom homes, this residence showcases custom cabinetry by Elite Kitchen Designs, European tilt-and-turn windows, SPC vinyl flooring throughout with no carpet, flat ceilings, stain-grade wood stairs, Riobel fixtures, and designer tile finishes. Energy-efficient mechanical systems include a high-efficiency furnace, HRV, central air conditioning, and tankless water heater. Located in Southwest London, minutes from shopping, restaurants, transit, and Highway 401/402 access, Olive Tree Gardens offers the perfect combination of convenience, low-maintenance condominium living, and exceptional build quality rarely found at this price point. Price includes the proposed 2026 HST rebate. The final rebate amount will depend on the approval of Provincial and Federal legislation and the purchaser meeting government eligibility requirements, such as occupying the property as a primary residence or using it as a qualifying rental property. The photos on this listing are of the end unit, which is priced at $605,310.00. The listing price of $ 587,611.00 is for the interior unit.

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Property details

Interior

Size
1,800-1,999 sqft
Rooms
8 rooms
Bathrooms
1 × 2-piece on Ground, 1 × 2-piece on Second, 2 × 4-piece on Third
Basement
None
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Detached condo, 3-Storey
Age
New
Exterior
Brick, Stucco (Plaster)
Storeys
3
Exposure
North

Parking

Garage
1 car Attached
Parking
2 spaces
Locker
None

Fees & taxes

Condo fee
$120/mo
Pets
Yes, with restrictions
Corporation
TBD 997
Managed by
TBD

Rooms

Second

Kitchen
5.23 × 4.57 m
Living Room
5.21 × 3.18 m
Dining Room
4.01 × 3.38 m

Third

Primary Bedroom
3.58 × 3.33 m
Bedroom 3
3.38 × 3.23 m
Bedroom 4
3.33 × 3.07 m

Ground

Foyer
3.2 × 2.44 m
Bedroom
3.33 × 3.18 m

Estimated value range

$558K to $617K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions

Bostwick

London South, ON

Schools nearbyclosest is Ashley Oaks Public School, 740 m

Elementary

  • Ashley Oaks Public School

    740 m · Grades JK-8

    Thames Valley District School Board

    3.4
  • Sir Arthur Carty Separate School

    1.0 km · Grades JK-8

    London District Catholic School Board

    6.5
  • Sir Isaac Brock Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    6.7

Secondary

None within 3 km.

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,245/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,753
Property taxNot available
Insurance (est.)$122
Utilities (est.)$250
Condo fee$120
Total monthly$3,245
Land transfer tax$8,227 on closing

Ontario LTT

$8,227

First-time rebate

−$4,000

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

Price & listing history

$587,611

Listed Sep 16, 2026

On the market

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

Sold comparables nearby

26 - 3380 Singleton Avenue, London SouthSold

26 - 3380 Singleton Avenue, London South

3 bd·4 ba·1,800-1,999 sqft
20 - 3103 Petty Street, London SouthSold

20 - 3103 Petty Street, London South

3 bd·4 ba·1,600-1,799 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$604,465

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $143,000 household income

Minimum household income required

$143,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, an estimated property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Call Colin at (226) 212-5099 or text

Rental market$2,850/mo median for 4 bed nearby

$2,850/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 24 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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