760 Chelton Road, London South

Price: $699,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13459006

Welcome to this gorgeous ravine house nestled in the Summerside Neighbourhood which isSoutheast corner of the city and close to 401. Main features include unfinished walkoutbasement ,deck beside living room and lush green conservation area behind with trail.As weenter, we find powder room and 5 steps up is a airy living room with a kitchen.The gourmet kitchen is a chef's dream with wide countertops, gas stove, fridge and microwave.This grand living room has been extended to the elevated deck which is perfect for entertaining guests orenjoying peaceful moments. Five steps up , you will find laundry with washer/dryer. At the samelevel you enter the master bedroom with 5 piece washroom and a walk-in closet. Again five stepsup are two more spacious bedrooms and a 5 piece washroom. House is perfect for first time homebuyers or those who want to upgrade to a detached home from a townhome. House looks brand newand has been very well taken care off by the owner. You will fall in love at the first sight!

760 Chelton Road - Detached photo 1 of 15 in London South, Ontario
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New Listing
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$699,000 - 760 Chelton Road, London South

Detached for Sale in London South

New — Listed 2 days ago
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13459006
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
LPT REALTY
Description

Welcome to this gorgeous ravine house nestled in the Summerside Neighbourhood which isSoutheast corner of the city and close to 401. Main features include unfinished walkoutbasement ,deck beside living room and lush green conservation area behind with trail.As weenter, we find powder room and 5 steps up is a airy living room with a kitchen.The gourmet kitchen is a chef's dream with wide countertops, gas stove, fridge and microwave.This grand living room has been extended to the elevated deck which is perfect for entertaining guests orenjoying peaceful moments. Five steps up , you will find laundry with washer/dryer. At the samelevel you enter the master bedroom with 5 piece washroom and a walk-in closet. Again five stepsup are two more spacious bedrooms and a 5 piece washroom. House is perfect for first time homebuyers or those who want to upgrade to a detached home from a townhome. House looks brand newand has been very well taken care off by the owner. You will fall in love at the first sight!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London South

Discover London South

London South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London South

  • Convenient location in London South
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

760 Chelton Road, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$2,159

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $466/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    760 Chelton Road, London South | $699,000 | Battaglia Team