
















712 Chester Street
South H, London South
$599,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,325 |
| Lot Size | 57 ft x 176.04 ft |
| mls© Number | X13085878 |
| Listed By | PG DIRECT REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $360
- Heat allowance
- $150
- Housing costs
- $3,576 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$110,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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