$599,000
Est. $2,806/mo mortgage
712 Chester Street · London South, N6C 2K2
MLS® X13085878
Listed May 5, 2026
Listing courtesy of Pg Direct Realty LTD.·Updated Aug 19
Description
Visit REALTOR website for additional information. Welcome to this solid all-brick bungalow offering incredible versatility and income potential in a prime location! Featuring a legal accessory apartment, this property is ideal for investors or homeowners looking to offset their mortgage with rental income. The main floor is currently tenanted and offers a bright, spacious layout with a generous living room, an eat-in kitchen, three well-sized bedrooms, and a full bathroom perfect for comfortable everyday living. The lower level features a separate entrance to a fully self-contained unit, currently vacant and ready for your next tenant or personal use. This space includes a large eat-in kitchen, cozy living room, two bedrooms with oversized windows providing plenty of natural light, and a full bathroom. Additional highlights include a shared laundry and storage area, a durable metal roof, and a furnace and central air system updated in recent years for added peace of mind. Situated on a deep lot, the backyard offers exciting potential for future expansion, whether you're considering an addition or exploring development opportunities. Located in a fantastic area close to LHSC, downtown, shopping, dining, and with easy highway access, this is a rare opportunity to own a flexible, income-generating property in a highly convenient location.
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Property details
Interior
- Interior
- 1100-1500 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 4-piece on Basement
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 57 × 176.04 ft · < .50 acres
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Metal
- Water & sewer
- Sewer
Parking
- Driveway
- Available (5 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $4,325/yr (2025)
Rooms
Main
- Kitchen
- 3.61 × 3.99 m
- Bedroom 2
- 3.25 × 3.28 m
- Bedroom 3
- 3.25 × 3.17 m
- Bedroom
- 3.48 × 3.68 m
- Living Room
- 3.96 × 7.65 m
Lower
- Laundry
- 2.29 × 4.24 m
- Bedroom 4
- 2.95 × 3.25 m
- Living Room
- 2.08 × 7.11 m
- Kitchen
- 3.86 × 5.11 m
- Bedroom 5
- 2.95 × 3.15 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
73% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon South, ON
Established south-end neighbourhood with mature trees and a community-park-centred layout.
Monthly paymentest. $3,542/mo all in
Monthly payment estimate
Land transfer tax$8,455 on closing
Ontario LTT
$8,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed May 5, 2026
Sold comparables nearby
Sold$415,000
119 ALEXANDRA Street, London South
Sold$550,000
122 Windsor Crescent, London South
See what these 6 homes sold for
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Market conditionsBuyer's market in London South
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.2% of asking.
Avg. sold price
$447,167
Sale-to-list ratio
95.2%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $147,000 household income
Minimum household income required
$147,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$2,300/mo median for 3 bed nearby
$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 60 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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