Home of the Week: 422 Chester Street

422 Chester Street: $849,000 for an Old South home with timeless character, future potential and a separate apartment suite to boot

Address: 422 Chester Street
Neighbourhood: Old South
Agent: A Team London
Price: $849,900

The Place

An all-original four-bedroom, three-bathroom home in Old South with a separately metered bonus apartment suite.

The Details

There are some readers out there who will look at this home and see a total makeover in the waiting. But we’re willing to bet there are others who will look at this delightfully retro four-bedroom home in Old South and see vintage beauty waiting to be illuminated. The built-ins, the wood panelling, the parquet flooring ― all might offer the perfect working foundation for those looking to bring a vintage vision to life. Is it an older home being sold based on its potential? Definitely. But it’s also a prime opportunity for buyers looking to work with what an older home has to offer.

The curb appeal is apparent right away with this home, with a blue statement door flanked symmetrically by windows on both the first and second levels, lending a very traditional family home look and feel. There are garden beds out front, plus mature trees in the front yard.

Inside, the vintage embrace hits you right away, with the spacious and wallpapered foyer and a carpeted staircase up to the second floor. To the left you’ll find the main family room, with a wood-panelled fireplace surround, parquet flooring, two vintage built-ins on the back wall and loads of natural light.

Towards the back of the house, you’ll find the kitchen and the dining room. The kitchen is a modest affair with a standard amount of counter and cabinet space and a gas range. There are some unique features though ― one added light via frosted glass bricks in the backsplash, and the other is the curved bench seating which would be perfect as a small breakfast nook. The dining room hits you with another flavour: sky-blue walls, built-in cabinets, hardwood flooring and a built-in corner unit.

There’s also an additional large living space on the main level with exposed beams and pine wainscotting. Outside, you’ve got a deceivingly large backyard with a stone patio under a wood pergola, and ton of green space running along the back of this T-shaped lot.

Upstairs, you’ll find hardwood flooring in the bedrooms with each offering its own unique features: a built-in desk in one, closet doors leading to a large dormer window in another, and a bright blue room with a built-in daybed in another. There are four bedrooms on this floor (with plenty of opportunity to convert one into an office or hobby space) plus a bathroom.

The big income-generating bonus to this property is the additional one-bedroom apartment, with its own civic address. It’s a much more modern unit, with carpeted flooring, large windows and an upgraded kitchen that features tile flooring, laminate countertops and a gas stove. It’s also got a large living room with a picture window, and a dining area off to one side. The whole apartment is separately metered and has its own separate entrance, so it would be perfect for buyers looking to supplement their mortgage with cash flow, or for families in need of an in-law suite.

Whatever your vision for this place, though, there’s a lot to love here. You could see this as a large lot with a lot more development potential, as a fantastic fixer-upper project, or simply a charming home in a sought-after neighbourhood that you might want to totally redesign on the inside. It’s a home that’s been well-loved, but there’s no doubt that it’s got more to give.

The Tour

Big Selling Point

A unique project home, brimming with future potential, with something for just about any vision.

By the Numbers

• 4 bedrooms
• 3 bathrooms
• 1 separately metered suite
• 2 storeys
• 1 fireplace
• 2-car garage
• 78- by 170-foot lot
• 1 backyard shed
• $7,221 annual property taxes

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Disclaimer: Although we try to provide the most up-to-date information available, we cannot guarantee features or availability as listed. Please contact the realtor for latest details.