485 Chiddington Avenue
South R, London South
$609,000
Welcome to 485 Chiddington Avenue, an excellent opportunity for homeowners, investors, or families looking for flexible living space. The main level features 3 bedrooms, hardwood flooring, a spacious kitchen, and walkout access to a private patio and large backyard.The lower level offers a separate 1-bedroom suite with its own entrance, kitchen, bathroom, laundry, and living area-ideal for generating rental income or accommodating extended family.Situated on an oversized corner lot with a double-car garage and ample parking, this property offers space and versatility that can be difficult to find.Conveniently located near Wellington Road and Commissioners Road, with schools, parks, shopping, restaurants, transit, and everyday amenities nearby.Whether you're looking for a family home with additional income potential or a smart addition to your portfolio, 485 Chiddington Avenue deserves a closer look.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,359 |
| Lot Size | 84.35 ft x 0 ft |
| mls© Number | X13560434 |
| Listed By | RE/MAX ADVANTAGE 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%
- $3,117
- Property tax
- $363
- Heat allowance
- $150
- Housing costs
- $3,630 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$112,000
gross annual household income
- Payment at 4%
- $2,563 / mo
- Cash down
- $121,800
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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