559 Chester St

South G, London, N6C 2K1
FOR SALE
$530,000
559 Chester St, London
559 Chester St
559 Chester St
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559 Chester St
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559 Chester St
559 Chester St
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X9300383
MLSID
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Property Description
Meet 559 Chester Street, a beautifully renovated 1+1 bedroom (or 2+1) bungalow in the heart of Old South, located on a peaceful cul-de-sac. The main floor features a flexible office space with a closet, which can easily function as a second bedroom, offering direct access to the backyard. Recent updates in 2023 and 2024 include a durable steel roof, fiber cement siding, new exterior doors, and energy-efficient windows, ensuring the home is move-in ready. Inside, enjoy engineered hardwood flooring throughout and a brand-new kitchen (2024) with modern appliances, ample storage, and a walk-in pantry. A refreshed four-piece bath with updated tile adds convenience. The fully finished lower level expands the living space with a cozy family room featuring custom cabinetry, a gas fireplace, and a large bedroom with double closets, perfect for guests or a home gym. The backyard offers a multi-tiered deck and pergola, ideal for entertaining or unwinding. Close to parks, schools, and the vibrant Old South community, this home combines modern updates with timeless charm.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-07 2024-08-20 79 $549,900 - Expired
2021-04-01 2021-04-02 1 $449,900 $449,900 Sold
2008-04-28 2008-05-16 17 $214,900 $210,000 Sold
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
35' x 136'
Fronting
South
Taxes
$2,454 (2023)
Basement
Finished
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain14.99' x 17.85'Combined W/Living, Pantry
BrMain10.83' x 12.83'
OfficeMain8.99' x 9.51'Closet, Walk-Out
BrLower9.68' x 18.67'
FamilyLower11.68' x 21.42'
LaundryLower8.33' x 15.26'
BathroomMain4.99' x 9.97'4 Pc Bath
London Market Statistics
London Price Trend
559 Chester St is a 1-bedroom 1-bathroom home listed for sale at $530,000, which is $130,000 (32.5%) higher than the average sold price of $400,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 1 bedroom home in London declined by $240,125 (37.5%) compared to the previous 30 day period (July 21 - August 19) and up $40,000 (11.1%) from the same time one year ago.
Inventory Change
There were 6 1-bedroom homes listed in London over the last 30 days (August 20 - September 18), which is up 50.0% compared with the previous 30 day period (July 21 - August 19) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in London typically sold ($9,900) (2.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $150,125 decrease compared to the previous 30 day period (July 21 - August 19) and ($39,999) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom homes in London over the last 30 days (August 20 - September 18) stood at 16.7%, down from 25.0% over the previous 30 days (July 21 - August 19) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom home in London stood at 104 days when successfully sold over the last 30 days (August 20 - September 18), compared to 24 days before being removed from the market upon being suspended or terminated.
Listing contracted with Point59 Realty
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