For Sale
116 Chesterfield Avenue
South I, London South, ON
$249,000
2+2Bd
2Ba
900+sqft
5Parking
44.61 x 125.32 ftlot
$277/sqft
DetachedMLS# X13658268Listed 2026-08-1012 DOM
Heating
Water Heater Owned
Basement
Finished
About this home
ATTENTION CONTRACTORS AND INVESTORS! This property presents exceptional investment potential with multiple revenue opportunities. 116 Chesterfield is a well-designed, spacious home featuring a recently updated metal roof, an impressive detached garage offering ample storage and workspace, and a fully developed basement suite with separate kitchen, living areas, multiple bedrooms, and dining space - perfect for tenant rental or Airbnb opportunity. The main floor includes 2 bedrooms, 1 full bath, and open-concept living, while the versatile basement adds 2 additional bedrooms, 1 bathroom, and dining space, creating flexibility for multi-generational living, professional use, or short/long-term rentals. An ideal value-add opportunity for investors, contractors, developers, and families seeking income-producing or multi-unit flexible properties. book your showing today!
Garage
Rooms
Main Floor
| Living Room | 5.14 × 2.94 m | |
| Dining Room | 2.93 × 3.68 m | |
| Kitchen | 2.92 × 3.77 m | |
| Primary Bedroom | 3.80 × 4.56 m | |
| Bedroom 2 | 2.86 × 2.67 m | |
| Laundry | 2.22 × 2.04 m |
Basement
| Laundry | 3.07 × 0.95 m | |
| Kitchen | 3.28 × 2.62 m | |
| Living Room | 3.15 × 3.08 m | |
| Bedroom | 3.35 × 2.54 m | |
| Dining Room | 4.06 × 2.74 m |
Features
- Water Heater Owned
- Finished
- Separate Entrance
- None
- Bungalow
Financials
Annual Taxes
$3,051
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield12.5% – 18.3%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — London South
Days on market12 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.
54
/ 100
Walk Score
Somewhat Walkable
45
/ 100
Transit Score
Some Transit
44
/ 100
Bike Score
Somewhat 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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