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Listed 2 months ago

232 CHELTON Road

South U, London South

$679,900

Detached|Backsplit 4
3 | 2 | 3
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$4,494
Lot Size42.32 ft x 112.06 ft
mls© NumberX13480394
Listed ByROYAL LEPAGE TRILAND REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,480
Property tax
$375
Heat allowance
$150
Housing costs
$4,005 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $135,980
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,861 / mo
Cash down
$135,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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