Detached House for sale at 242 Colette Drive, London South, Ontario, N6E 3S8 - South X - MLS: X12721406

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242 Colette Drive

London South, Ontario, N6E 3S8 - South X

$675,000

Neighbourhood

South X
Major Intersection

Southdale Rd. E./Jalna Blvd

Listed Since: 2 day(s)
Last update: 2 day(s) ago

Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Finished
Kitchen

1 + 1
Total Parking

3 (1 Attached Garage)
Lot Size

45.57x98.74 (Feet)
Taxes

$4,006.00 (2025)
Type

Freehold

Property Description

Property description for 242 Colette Drive, London South

Welcome to your forever home! This charming two-storey detached residence offers excellent income potential with a fully finished basement featuring a second kitchen, all while being ideally located in a quiet, family-friendly neighbourhood backing directly onto Ashley Oaks Park for rare privacy and peaceful green-space views. The main floor features a spacious and inviting living room, perfect for family gatherings, along with a bright kitchen with tiled flooring and a dining area overlooking the backyard. Freshly painted interiors and tasteful artistic accents throughout the home add warmth and character. Upstairs, you'll find three comfortable bedrooms and a well-appointed 5-piece bathroom with a convenient lien closet. The fully finished lower level with a second kitchen provides a flexible layout ideal for rental in come, in-law living, or multi-generational families. This space can easily function as a private living area, recreation room, or home office, offering endless possibilities. Step outside to a private backyard deck, perfect for BBQs and outdoor entertaining, while enjoying the tranquil park-side setting. Conveniently located close to Sir Arthur Carty Catholic School, Ashley Oak Public School, White oaks Malls, parks, and with quick access to Highway 401, this home combines comfort, versatility, and outstanding value.

Listed by STREETCITY REALTY INC.

Property details

MLS #

X12721406
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Front Yard
Garage

Attached, 1 spaces
Total Parking

3
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12721406
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Front Yard
Garage

Attached, 1 spaces
Total Parking

3
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

3.56 x 4.62 ft Main level
Dining

3.56 x 3.9 ft Main level
Kitchen

3.92 x 4.33 ft Main level
Primary

4.42 x 4.14 ft 2nd level
2nd Br

3.68 x 3.9 ft 2nd level
3rd Br

2.77 x 4.14 ft 2nd level
4th Br

3.84 x 2.83 ft Bsmt level
Rec

4.51 x 4.38 ft Bsmt level
Kitchen

5.81 x 1.4 ft Bsmt level
Powder Rm

0.0 x 0.0 ft Main level

2 Pc Bath
Bathroom

0.0 x 0.0 ft 2nd level

4 Pc Bath
Bathroom

0.0 x 0.0 ft Bsmt level

3 Pc Bath

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 242 Colette Drive, London South

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in South X

Active listings

Average Selling Price of a Detached

December 2025

$582,450

Last 3 Months

$591,297

Last 12 Months

$545,225

December 2024

$555,000

Last 3 Months LY

$558,425

Last 12 Months LY

$582,807

Change

-6%

Number of Detached Sold

December 2025

Last 3 Months

Last 12 Months

December 2024

Last 3 Months LY

Last 12 Months LY

Change

100%

Change

-20%

Change

-43%

How many days Detached takes to sell (DOM)

December 2025

Last 3 Months

Last 12 Months

December 2024

Last 3 Months LY

Last 12 Months LY

Change

75%

Change

39%

Change

19%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.