116 CHESTERFIELD AVENUE, London South (South I)

$249,000

For sale: Detached

Detached at 116 CHESTERFIELD AVENUE, London South (South I)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13658268
Neighbourhood
South I

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) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.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.

Median days to sell
22
Median sale price
$639,900
Sale-to-list ratio
97.6%
Sold above asking
19%

Based on 887 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South I)

London South (South I) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London South (South I)

  • John Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 116 CHESTERFIELD AVENUE