354 Cheapside Street No longer available

London, East B, N6A 2A6

$819,900

Description

Listed by COLDWELL BANKER POWER REALTY, BROKERAGE.

Attention Investors! 354 Cheapside St is a prime investment opportunity in Old North, London. This legal 7-bedroom house spans two levels with 4 full bathrooms, 2 kitchens, and 2 living rooms, offering functionality and space for Western students. The lower level has a separate entrance for added privacy. Just a short walk or bus ride to Western University and King's University College, and a 15-minute walk to downtown, this property is ideal for investors. Professionally managed, all rooms are fully leased, providing a stable income. The property holds a City of London rental license and generates $61,680 in annual gross income with strong cash flow. This solid raised brick bungalow has an updated metal roof, laminate and ceramic flooring, radiant in-floor heating throughout, and central air conditioning. Out front, the driveway and carport can accommodate up to 5 cars. This property presents an excellent opportunity to capitalize on London's rental market. Don't miss out on this turnkey investment – schedule your private viewing today.

Dishwasher,Dryer,Hot Water Tank Owned,Satellite Dish,Smoke Detector,Stove,Washer,Window Coverings,Included Are: Two Fridges, Two Stoves, Two Dishwashers, Two Washing Machines, Two Dryers.

Location

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  • Address: 354 Cheapside Street
  • Neighborhood: East B
  • City: London
  • State: ON
  • Postal Code: N6A 2A6

Property Details

  • Property ID: 40607021
  • Property Price: $819,900
  • Style: Single Family Residence, Bungalow Raised
  • Sq/Ft: 2232
  • Rooms: 7+8
  • Bedrooms: 3+4
  • Bath: 4
  • Parking Spaces: 5
  • Year Built: 1960
  • A/C: Central Air
  • Basement: Full, Finished
  • Exterior: Vinyl Siding
  • Heating: Fireplace-Gas, Radiant Floor
  • Fireplace: 2
  • Taxes: $4,295.83 (2023)
  • Acreage: 0.087 Acres
  • Lot: 97x38.50 (Acres)
  • Exposure: North

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Room details and dimensions

Statistics for similar Single Family Residence homes in East B

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Single Family Residence homes in East B

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Single Family Residence homes in East B

Property History

This property has been sold 1 time before. To view this property's sale price history please sign in or register:


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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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