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$649,900

Est. $3,045/mo mortgage

3bd·2ba·1,100-1,500sqft

232 Chelton Road · London South, N6M 1B5

MLS® X13819456

2 days on market2 days on market

Listed Sep 23, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated 7 hours ago

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!

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Property details

Interior

Size
1100-1500 sqft
Rooms
9 rooms
Bathrooms
2 × 4-piece
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Backsplit 4
Age
16-30 years
Lot size
42.32 × 112.06 ft · < .50 acres
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Attached
Parking
3 spaces

Fees & taxes

Property tax
$4,493/yr (2025)

AI property estimate

$533,932Estimate is ~17.8% below asking

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

$480,539$587,325

78% confidence · 39 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London South

London South, ON

Monthly paymentest. $3,821/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,045
Property tax$392
Insurance (est.)$135
Utilities (est.)$250
Total monthly$3,821
Land transfer tax$9,473 on closing

Ontario LTT

$9,473

First-time rebate

$4,000

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

Price & listing history

$649,900

Listed Sep 23, 2026

On the market

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

Sold comparables nearby

2294 SOUTHPORT Crescent, London SouthSold

2294 SOUTHPORT Crescent, London South

3 bd·3 ba·1,500-2,000 sqft
171 Emerald Road, London SouthSold

171 Emerald Road, London South

3 bd·3 ba·1,500-2,000 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 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$617,572

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $159,000 household income

Minimum household income required

$159,000

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 49 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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