



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$429,900
London South
Times shown are local to the property.
105 Chesterfield Avenue, London South (South I), Ontario, N5Z3M9
This 4-bedroom, 2-bathroom home in London South is for sale offering roughly 900 sq ft of space. It has been on the market 14 days, fresher than the London South average of 37 days.
Looking for a smart investment with plenty of flexibility? This charming bungalow is ideal as a mortgage helper, multi-generational living, income property, or even a flip. The bright main floor features a welcoming living room with a designated dining area, a spacious eat-in kitchen, 3 bedrooms, 1 full bathroom, and original hardwood flooring throughout. The fully finished lower level adds even more versatility with a 1-bedroom unit offering a full kitchen, 2 additional living spaces, and its own separate entrance through the garage breezeway. The double-wide driveway offers plenty of parking for both units without interfering with one another, while the 1-car garage and 150-ft deep lot provide plenty of additional space and potential. Well cared for with good bones, this home offers a great foundation for a buyer looking to renovate and add value, making it an excellent flip or long-term investment. Live in one unit and rent the other to offset your mortgage, or take advantage of the property's potential as a 2-unit rental. Just steps from Princess Elizabeth Public School, Victoria Hospital and plenty of amenities nearby, it is the ideal location for many! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 37 days across the listings currently for sale in this city
This 4-bed single family in London South (South I) has been listed for 14 days, which is 23 days fresher than the city average of 37. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $429,900, about 6.7× the local median household income of $64,500.
Carrying it typically needs a household income of about $83,975 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Z)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice