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For sale
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$622,000

Estimated value about $591K

Est. $2,914/mo mortgage

3bd·4ba·1,400-1,599sqft

705 Chelton Road · London South, N6M 0J1

MLS® X13883290

2 days on market2 days on market

Listed Oct 9, 2026

Listing courtesy of King Realty INC.·Listing last changed 23 hours ago

Key facts

Property type
Condo Townhouse
Square footage
1400-1599 sqft
Storeys
1
Age
0-5 years
Parking
2 spaces
Property tax
$3,872/yr (2025)

Description

Welcome to your future family home at 705 Chelton Road, London. This enhanced corner unit offers the feel of a semi-detached home and is less than five years old. This luxury townhouse features 2,042 sq ft (as per builder) of living space, 3 spacious bedrooms and 3.5 bathrooms, including a primary ensuite and two walk-in closets. The home boasts a modern kitchen and a builder finished basement open concept with 5 piece washroom, all located in the highly desirable Summerside neighbourhood of London. Conveniently situated just 4 minutes from the highway, 8 minutes from Walmart, 7 minutes from Costco, and 8 minutes from the hospital.

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Property details

Interior

Size
1400-1599 sqft
Rooms
6 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second, 1 × 3-piece on Second, 1 × 5-piece on Basement
Basement
Finished
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Age
0-5 years
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Storeys
1
Exposure
South West

Parking

Garage
1 car Built-In
Parking
2 spaces
Locker
None

Fees & taxes

Condo fee
$286/mo
Pets
Yes-with Restrictions
Property tax
$3,872/yr (2025)
Corporation
MSCP 969
Managed by
MCC

Rooms

Main

Dining Room
2.34 × 3.66 m
Living Room, 2 Pc Bath
4.65 × 3.38 m
Kitchen
4.65 × 2.13 m

Second

Bedroom 2, Walk-In Closet(s)
3.53 × 2.84 m
Primary Bedroom, 4 pc ensuite, walk-in closet(s)
4.57 × 4.11 m
Bedroom 3, Walk-In Closet(s)
4.65 × 2.95 m

Basement

Family Room
4.67 × 2.74 m

Estimated value range

$591K–$591K

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
Summerside →

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Monthly paymentest. $3,955/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,914
Property tax$323
Insurance (est.)$130
Utilities (est.)$250
Condo fee$286
Total monthly$3,903
Land transfer tax$8,915 on closing

Ontario LTT

$8,915

First-time rebate

−$4,000

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

Price & listing history

$622,000

Listed Oct 9, 2026

On the market

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

Sold comparables nearby

52 - 2284 Evans Boulevard, London SouthSold

52 - 2284 Evans Boulevard, London South

2 bd·3 ba·1,200-1,399 sqft
28 - 1870 Evans Boulevard, London SouthSold

28 - 1870 Evans Boulevard, 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

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$425,750

Sale-to-list ratio

96.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $152,000 household income

Minimum household income required

$152,000

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.

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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 45 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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Oak and Key Real Estate Brokerage Inc.

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519-859-4579 · colin@searchlondonhomes.com

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