Homula Realty Brokerage
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232 CHELTON Road, London South, ON N6M 1B5

3 beds · 2 baths · 1 kitchen · 9+2 rooms · 3 parking spaces · 1500-2000 sq ft · Laundry on the lower level level · Detached
$679,900
Property tax
$4,494 / year

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!

MLS number
X13480394
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N6M 1B5
Photos
49
Laundry
Lower Level level
82days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
École élémentaire catholique Saint-Jean-de-Brébeuf
Conseil scolaire catholique Providence
Elementary206 m6.9 / 10
69% met the standard
Summerside Public School Public School
Thames Valley DSB
Elementary378 m7.6 / 10
76% met the standard
École secondaire Gabriel-Dumont
CS Viamonde
Secondary963 m8.6 / 10
86% met the standard · 2 of 6 measures
Jackson Meadows Public School
Thames Valley DSB
Elementary791 mNot reported
London Christian High SchoolSecondary1.8 kmNot reported
Tweedsmuir Public School
Thames Valley DSB
Elementary2.3 km7.5 / 10
75% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in South U151 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$678k$721k$764k20252026this home’s asking price
$750klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
99%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d21d43d20252026
41dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in south u. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 573 people.

$126,000Median household income
100%Own their home
97.2%Detached houses
40.8Median age
30.7%Born outside Canada
22.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390841 — the few blocks around this address, home to 573 people. It describes the area, not this property.

573Population
38.7Average age
3.2Household size
$136,000Average household income
$126,000Median household income
100%Own their home
0%Rent
0%Condominiums
31%Born outside Canada
22%University degree
$650,000Average home value
2%Low income
49%Not in the labour force
31%Never married
$35,000 to $39,9992%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9995%
$100,000 and over41%
$100,000 to $124,99910%
$125,000 to $149,99910%
$150,000 to $199,99914%
$200,000 and over7%

Percentages are of the 295 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$135,980 · minimum here is $42,990
$3,010.45per month
Borrowed before insurance$543,920
Total borrowed$543,920
Interest over 25 years at 4.5%$359,215

If you rented it out

-$3,384.95per month out of pocket
Rent$0.00
Everything it costs to hold$3,384.95
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE TRILAND REALTY. Listing data provided by the Toronto Regional Real Estate Board.