105 Chesterfield Avenue, London South

Price: $429,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X14111024

Looking for a smart investment with plenty of flexibility? This charming bungalow is ideal as a mortgage helper, multi-generational living, income property, or even a flip. The bright main floor features a welcoming living room with a designated dining area, a spacious eat-in kitchen, 3 bedrooms, 1 full bathroom, and original hardwood flooring throughout. The fully finished lower level adds even more versatility with a 1-bedroom unit offering a full kitchen, 2 additional living spaces, and its own separate entrance through the garage breezeway. The double-wide driveway offers plenty of parking for both units without interfering with one another, while the 1-car garage and 150-ft deep lot provide plenty of additional space and potential. Well cared for with good bones, this home offers a great foundation for a buyer looking to renovate and add value, making it an excellent flip or long-term investment. Live in one unit and rent the other to offset your mortgage, or take advantage of the property's potential as a 2-unit rental. Just steps from Princess Elizabeth Public School, Victoria Hospital and plenty of amenities nearby, it is the ideal location for many!

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active
New Listing
1/40

$429,900 - 105 Chesterfield Avenue, London South

Detached for Sale in London South

New — Listed yesterday

Neighbourhood: South I

4Beds
2Baths
700 - 1,099Sq Ft
Detached

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
X14111024
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London South
Taxes (2026)
$3,005
Listing Brokerage
BLUE FOREST REALTY INC.
Description

Looking for a smart investment with plenty of flexibility? This charming bungalow is ideal as a mortgage helper, multi-generational living, income property, or even a flip. The bright main floor features a welcoming living room with a designated dining area, a spacious eat-in kitchen, 3 bedrooms, 1 full bathroom, and original hardwood flooring throughout. The fully finished lower level adds even more versatility with a 1-bedroom unit offering a full kitchen, 2 additional living spaces, and its own separate entrance through the garage breezeway. The double-wide driveway offers plenty of parking for both units without interfering with one another, while the 1-car garage and 150-ft deep lot provide plenty of additional space and potential. Well cared for with good bones, this home offers a great foundation for a buyer looking to renovate and add value, making it an excellent flip or long-term investment. Live in one unit and rent the other to offset your mortgage, or take advantage of the property's potential as a 2-unit rental. Just steps from Princess Elizabeth Public School, Victoria Hospital and plenty of amenities nearby, it is the ideal location for many!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,205.61/mo

Includes CMHC insurance ($11,994)

$
$
5%10%50%

5-yr fixed avg.

Principal: $386,910Interest: $262,779
Mortgage Amount$398,904
Total Interest$262,779
Est. Property Tax$305/mo
Total Cost$661,683

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South I

Discover South I

South I is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South I

  • •Convenient location in London South
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

South I offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

105 Chesterfield Avenue, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
7.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$2,805

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $614/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

About South I

I know South I well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    105 Chesterfield Avenue, London South | $429,900 | Battaglia Team