For Sale
54 Terrace Street
South I, London South, ON
$319,900
2Bd
1Ba
< 700sqft
3Parking
45 x 120 ftlot
DetachedMLS# X12869896Listed 2026-03-1163 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Finished
On the market for 63 days — longer than average. The seller may be open to negotiation.
About this home
Looking for an affordable home under $350,000 with room to add your own personal touches? Welcome to 54 Terrace St., located in the desirable Chelsea Green area of London.This unique home offers just under 600 square feet on the main level, featuring 2 bedrooms, a bright living room, and a functional kitchen. The lower level adds extra living space with a bathroom, cozy family room, laundry/utility area, and a home office currently being used as a third bedroom.Step through the kitchen's French doors onto the impressive 16 x 17 ft. deck, perfect for entertaining or relaxing while overlooking the spacious backyard.Enjoy quiet evenings on the charming front porch, and take advantage of the extra-long attached single-car garage, ideal for parking, storage, or even a workshop.With great potential and located in a convenient neighbourhood, this property is a fantastic opportunity for first-time buyers, renovators, or investors.
Garage
Rooms
Main Floor
| Living Room | 3.73 × 3.60 m | |
| Bedroom | 2.89 × 3.09 m | |
| Bedroom 2 | 2.89 × 2.80 m | |
| Kitchen | 3.20 × 2.66 m |
Lower
| Office | 2.99 × 3.58 m | |
| Family Room | 3.52 × 3.93 m | |
| Laundry | 3.96 × 2.20 m |
Features
- Water Heater Owned
- Deck
- Porch
- Finished
- Central Air
- Bungalow
Financials
Annual Taxes
$2,313
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Rental yield9.8% – 14.3%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — London South
Days on market63 days
Buyer's MarketSeller's Market
Based on active listings in London South. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
62
/ 100
Walk Score
Somewhat Walkable
37
/ 100
Transit Score
Some Transit
50
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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