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For sale
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$719,900

Est. $3,373/mo mortgage

3bd·2ba·1,100-1,500sqft

45 Cheviot Place · London South, N6C 4Z1

MLS® X13796588

2 days on market

Listed Sep 17, 2026

Listing courtesy of Prime Real Estate Brokerage·Updated yesterday

Description

Welcome to this beautifully updated four-level backsplit, perfectly situated on a quiet cul-de-sac in the highly desirable Lockwood Park neighbourhood of London. This immaculate, move-in ready home blends thoughtful interior upgrades with an exterior built for entertaining. The main level is flooded with natural light from large windows and a dining room skylight, complementing the elegant, updated kitchen. Upstairs, you will find hardwood floors throughout three large bedrooms. The expansive lower-level family room invites you to unwind by the cozy fireplace. Step outside to discover your own private backyard oasis. This spectacular outdoor space features meticulously maintained gardens and an above ground saltwater pool strategically placed around a 24x16 composite deck; both were installed four years ago. Enjoy incredible peace of mind with major updates already completed. The standout feature is a premium ten-year-old metal roof which includes a fifty-year transferable warranty. Located just minutes from Victoria Hospital, excellent schools, Highland Golf Country Club, and highway access, this stunning turn-key home blends serene suburban living with ultimate city convenience.

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Property details

Interior

Interior
1100-1500 sqft
Rooms
9 rooms
Bathrooms
1 × 4-piece on Second, 1 × 2-piece on Lower
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Backsplit 4
Lot size
40 × 97.49 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Metal
Water & sewer
Sewer
Pool
Above Ground, Salt

Parking

Garage
1 car Attached
Driveway
Private (4 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$4,007/yr (2025)

AI property estimate

$600,000Estimate is ~16.7% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$540,000$660,000

74% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Glen Cairn

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Monthly paymentest. $4,206/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,373
Property tax$434
Insurance (est.)$150
Utilities (est.)$250
Total monthly$4,206
Land transfer tax$10,873 on closing

Ontario LTT

$10,873

First-time rebate

$4,000

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

Price & listing history

$719,900

Listed Sep 17, 2026

On the market

Sold comparables nearby

931 Willow Drive, London SouthSold

$374,950

931 Willow Drive, London South

3 bd·1 ba·1,100-1,500 sqft
282 Cathcart Street, London SouthSold

$560,000

282 Cathcart Street, London South

3 bd·2 ba·1,100-1,500 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 97.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$571,308

Sale-to-list ratio

97.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $175,000 household income

Minimum household income required

$175,000

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$2,495/mo median for 3 bed nearby

$2,495/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 67 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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