For saleMLS® X13783866
687 Cheapside Street
London, N5Y 3Y3
$389,900
- Bedrooms
- 2 + 1
- Bathrooms
- 2
- Interior
- 700-1,100 ft²
- Lot
- 116.29 × 53.96 ft
- Type
- Detached
About this home
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. 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
- Property type
- Detached
- Ownership
- Freehold
- Style
- Bungalow
- Property taxes
- $3,587 (2025)
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Basement
- Apartment, Finished
- Parking
- 6 spaces
- Sewer
- Sewer
- Lot
- 116.29 × 53.96 ft lot
- Time on market
- 48 days on market
Features
Inside
- Accessory Apartment
- In-Law Capability
- In-Law Suite
Outside
- Vinyl Siding
- Asphalt Shingle roof
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Bedroom | Main | 9' 11" × 9' 4" | |
| Bedroom | Main | 10' × 11' | |
| Bedroom | Lower | 9' 2" × 10' 9" | |
| Bathroom | Main | 8' 3" × 6' 4" | 4 Pc Bath |
| Dining Room | Main | 8' 6" × 11' 8" | |
| Living Room | Main | 21' × 11' | |
| Kitchen | Main | 11' 8" × 11' 3" | |
| Kitchen | Lower | 12' 5" × 10' 10" | |
| Bathroom | Lower | 10' 4" × 7' 1" | 4 Pc Bath |
| Living Room | Lower | 33' × 10' 2" |
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $19,495.
Your monthly payment
$1,726
- Mortgage amount
- $311,920
- Interest over the amortization
- $205,998
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.
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