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$697,900

Estimated value $663K to $733K

Est. $3,270/mo mortgage

3+1bd·2ba·1,100-1,500sqft

45 Cheviot Place · London, N6C 4Z1

MLS® X14082750

0 days on marketListed today

Listed Oct 15, 2026

Listing courtesy of Prime Real Estate Brokerage·Listing last changed 2 hours ago

Key facts

Property type
Detached
Square footage
1,100-1,500 sqft
Lot size
40 × 97.49 ft
Parking
5 spaces
Property tax
$4,007/yr (2025)

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

Size
1,100-1,500 sqft
Bedrooms
3 above grade, 1 lower level
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)

Estimated value range

$663K to $733K

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
Westminster →

London South, ON

Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.

Schools nearbyclosest is Sir George Etienne Cartier Public School, 350 m

Elementary

  • Sir George Etienne Cartier Public School

    350 m · Grades JK-8

    Thames Valley District School Board

    5.9
  • Cleardale Public School

    740 m · Grades JK-8

    Thames Valley District School Board

    5.9
  • Mountsfield Public School

    950 m · Grades JK-8

    Thames Valley District School Board

    7.4

Secondary

  • London South Collegiate Institute

    2.0 km · Grades 9-12

    Thames Valley District School Board

    4.2
  • Sir Wilfrid Laurier Secondary School

    2.6 km · Grades 9-12

    Thames Valley District School Board

    3.9
  • G A Wheable Secondary School

    2.6 km · Grades 9-12

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. $3,998/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,270
Property tax$334
Insurance (est.)$145
Utilities (est.)$250
Total monthly$3,998
Land transfer tax$10,433 on closing

Ontario LTT

$10,433

First-time rebate

−$4,000

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

Price & listing history

$697,900

Listed Oct 15, 2026

On the market

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

Sold comparables nearby

3049 Petty Road, London SouthSold

3049 Petty Road, London South

4 bd·4 ba·2,000-2,500 sqft
603 Commissioners Road, London SouthSold

603 Commissioners Road, London South

4 bd·3 ba·2,000-2,500 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

6.5 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 98.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$596,417

Sale-to-list ratio

98.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $170,000 household income

Minimum household income required

$170,000

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$2,400/mo median for 3 bed nearby

$2,400/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 57 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

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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