$249,000
For sale: Detached

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!
Sold data
Detached homes in London South (South I) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 41, across 887 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $639,900.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 887 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South I) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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