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South R, London South
$575,000
Welcome to 564 Chiddington Avenue, a move-in-ready bungalow in sought-after Lockwood Park, just a short walk to LHSC Victoria Hospital and Parkwood Institute. Whether you're searching for your first home, looking to simplify with one-floor living, or seeking a property with future potential, this home delivers the perfect combination of comfort, flexibility, and location. The main level features three bedrooms, a full bathroom, updated windows, and a stylish renovated kitchen with a bright eating area. The spacious living room provides a welcoming place to gather, while the adjacent three-season addition extends your living space and offers exceptional versatility as a family room, sunroom, formal dining area, home office, or hobby room. Downstairs, the finished lower level offers a generous recreation room, convenient two-piece bathroom, laundry, and utility areas. With its separate side entrance and generous ceiling height, the lower level also presents exciting potential for buyers exploring the possibility of creating an in-law suite or future income suite, subject to municipal approvals and applicable building requirements. Outside, you'll appreciate the detached single-car garage, ample parking, and a private backyard with plenty of room to relax, entertain, or garden. Life in Lockwood Park means having everything within easy reach. Walk to LHSC Victoria Hospital and Parkwood Institute, or enjoy nearby parks, schools, grocery stores, restaurants, shopping, movie theatres, and public transit. With quick access to major commuter routes, this established neighbourhood continues to be one of South London's most desirable places to call home. Including five appliances and offering immediate possession, 564 Chiddington Avenue is ready for its next chapter-and yours.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,023 |
| Lot Size | 60 ft x 138.57 ft |
| mls© Number | X13476296 |
| Listed By | KELLER WILLIAMS LIFESTYLES |
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%
- $2,943
- Property tax
- $335
- Heat allowance
- $150
- Housing costs
- $3,428 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,420 / mo
- Cash down
- $115,000
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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