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$529,900

Estimated value $503K–$556K

Est. $2,482/mo mortgage

3+2bd·2ba·700-1,100sqft

566 Chester Street · London South, N6C 2J9

MLS® X13691074

46 days on market46 days on market

Listed Aug 19, 2026

Listing courtesy of Sutton Group - Select Realty·Updated Sep 9

Description

Welcome to 566 Chester Street, a well-maintained legal duplex tucked away on a quiet dead-end street in desirable Old South. Offering a bright and spacious 3-bedroom main unit plus a 2-bedroom lower unit, this property is an excellent opportunity for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Both units are bright, comfortable and thoughtfully updated, while the property offers plenty of practical extras including a carport, double-wide driveway with ample parking, fenced yard and inviting front porch. Ideally located just minutes from Wortley Village, downtown London and LHSC, with convenient access to shopping, transit and everyday amenities. A solid, well-cared-for property in one of London's most sought-after neighbourhoods - with the added value and versatility of two legal units. The roof is approximately 6 years old, most appliances are 2 years old. Wiring is copper with a new control panel and new plumbing in the basement. There is a sewer return valve for the house in the basement.

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Property details

Interior

Size
700-1100 sqft
Bedrooms
3 above grade, 2 lower level
Bathrooms
1 × 3-piece on Lower, 1 × 4-piece on Main
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Walk-Up
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Duplex, Bungalow
Age
51-99 years
Lot size
40.27 × 123.74 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Carport
Driveway
Private (3 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,990/yr (2025)

Rooms

Main

Dining Room
3.23 × 3.05 m
Kitchen
3.3 × 2.82 m
Living Room
5.87 × 3.3 m

Lower

Bedroom, closet, window
2.78 × 3.2 m
Bedroom, closet, window
3.18 × 5.26 m
Family Room
3.67 × 6.49 m

Estimated value range

$503K–$556K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Old South →

London South, ON

Established neighbourhood with character homes and walkable local businesses south of downtown.

Monthly paymentest. $3,162/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,482
Property tax$319
Insurance (est.)$110
Utilities (est.)$250
Total monthly$3,162
Land transfer tax$7,073 on closing

Ontario LTT

$7,073

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$529,900

Listed Aug 19, 2026

On the market

Sold comparables nearby

324 Ridout Street, London SouthSold

324 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft
193 Clarence Street, London EastSold

193 Clarence Street, London East

3 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Old South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$570,333

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $131,000 household income

Minimum household income required

$131,000

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.

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Rental market$2,350/mo median for 3 bed nearby

$2,350/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 58 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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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