$587,611
Est. $2,753/mo mortgage
2927 PETTY Road · London South, N6E 1L7
MLS® X13790220
Listed Sep 16, 2026
Listing courtesy of Canadian Dream Realty INC.·Updated 2 days ago
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.
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Property details
Interior
- Interior
- 1800-1999 sqft
- Rooms
- 8 rooms
- Bathrooms
- 1 × 2-piece on Ground, 1 × 2-piece on Second, 1 × 4-piece on Third, 1 × 4-piece on Third
- Basement
- None
- Heating
- Forced Air
- Cooling
- Central Air
- Laundry
- N
Building & lot
- Type
- Vacant Land Condo, 3-Storey
- Age
- New
- Exterior
- Brick, Stucco (Plaster)
- Storeys
- 1
- 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
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
51% confidence · 10 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon South, ON
Large south London neighbourhood anchored by White Oaks Mall with diverse housing and strong transit.
Monthly paymentest. $3,599/mo all in
Monthly payment estimate
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
Listed 3 times · asking price down 8% from the first ask
Listed Sep 16, 2026
Listed Jun 15, 2026 · 92 days on market
Sep 15, 2026
Listed Nov 10, 2025 · 202 days on market
May 31, 2026
294 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$570,000
20 - 3103 Petty Street, London South
Sold$555,000
36 - 3635 Southbridge Avenue, London South
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 97.4% of asking.
Avg. sold price
$606,965
Sale-to-list ratio
97.4%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $144,000 household income
Minimum household income required
$144,000
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$2,900/mo median for 4 bed nearby
$2,900/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 26 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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