For Sale - 474 Cheapside Street, London East, Ontario

Est payment $3,169/mo
Views   2
Time on Jump  18 day



Charm, character & income potential! This beautifully maintained old north bungalow offers the perfect blend of timeless craftsman character and modern functionality. Original architectural details, including elegant millwork, decorative pillars separating the living and dining rooms, an original french door, and mosaic tile, preserve the home's historic appeal. Now registered and licensed as a legal duplex, this r1-4 zoned property features two self-contained units with separate hydro services, making it an exceptional opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Extensive renovations completed in 2023 include the creation of a fully legal lower suite, updated mechanical systems, separate heating and cooling, erv systems, and numerous capital improvements throughout. Located in the highly desirable old north neighbourhood, the property is just minutes from western university, st. Joseph's hospital, downtown london, parks, schools, shopping, and transit. Whether you're looking for a turnkey income property, a mortgage helper, or a multi-generational living opportunity, this property offers outstanding flexibility in one of london's most sought-after communities. All measurements are approximate. See attachments for list of upgrades, and city of london rental licence.
Listing IDX13642796
Address474 Cheapside Street
CityLondon East, Ontario
Price$659,900
Bed / Bath3 / 2 Full
StyleBungalow, Duplex
ConstructionBrick, Stucco (Plaster)
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features Air Exchanger, Primary Bedroom - Main FloorOutdoor Features PorchAmenities Hospital, Place Of Worship, Public Transit, School, ParkOwnership FreeholdBasement Apartment, Separate Entrance, FinishedFoundation Concrete BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX a-b Realty Ltd Brokerage

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474 Cheapside Street
London East , Ontario
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