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116 Chesterfield Avenue

South I / London South, ON N5Z 3N2

ActiveFor Sale
4 Beds
2 Baths
700 Sq Ft
Single Family Home

About This Property

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!

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms4
Bathrooms2
Postal CodeN5Z 3N2
Last UpdatedAug 24, 2026 · 8:09 a.m.

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Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13658268

Listed by NEW ERA REAL ESTATE

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$249,000

asking price

MLS®X13658268
TypeSingle Family Home
CityLondon South
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,216

/month · $199,200 mortgage

Down Payment20% — $49,800
Interest Rate5.5%

Amortization

Total Interest

$165,570

Total Cost

$364,770

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

NEW ERA REAL ESTATE