For Sale

687 Cheapside Street, London East, Ontario N5Y 3Y3

$0

687 Cheapside Street, London East, Ontario N5Y 3Y3 is For Sale and has a listing price of 549,900. The property is located in the London East . It's been on the website for 35 Days.

  • Detached
    Property Type
  • 3
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12350807
  • Office Name NU-VISTA PREMIERE REALTY INC.
Property Description

Opportunity knocks with this versatile bungalow offering two self-contained units perfect for investors, multi-generational families, or those looking to offset their mortgage. Ideally located just 7 minutes to both Western University and Fanshawe College, this home is a prime choice for students, faculty, or anyone working or studying at either institution. With such a central location, rental demand is strong and steady. The main floor unit features a bright and spacious layout with 2 bedrooms, a full kitchen, and a comfortable living area ideal for owner-occupants or tenants alike. The fully finished lower level has a separate entrance, its own hydro and water meters, and a thoughtfully designed 1-bedroom in-law suite, making it completely independent from the upper unit. With 2 hydro meters and 2 water meters, this property is truly set up for separate living arrangements, rental income, or future flexibility. Whether you’re looking to live in one unit and rent the other, or add to your portfolio with a turn-key duplex-style setup, this home offers outstanding value, location, and opportunity.

Property Details
  • Bedrooms: 3
  • MLS ID: X12350807
  • Bathrooms: 2
  • Price: $549,900
  • Lot Depth: 53.96
  • Transaction Types: For Sale
  • Ref ID: X12350807
  • Year Built: N/A
  • Approx Sqft: 700-1100
  • Dir / Cross St: Cheapside and Adelaide
  • Status: Active
  • Tax Year: 2025
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
08/18/2025 X12350807 $549,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $703,570 Average List Price
    based on 1 year
  • 383 New Listings
    based on 30 days
  • 37 Median Days on Market
    based on 1 year
  • List vs. Selling Price 180.93 % Up
  • Sold (12mo) 384
  • Rented (12mo) 114

  • 1 Month Change -25.8%
  • 3 Month Change -43.3%
  • 6 Month Change +11.2%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 6
  • Exterior Vinyl Siding
  • Kitchen 2
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $3,587
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 18/08/2025 18:09:57
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