Home ›Listings ›London East ›X12665814

687 Cheapside Street London East ON

📍 London East, Ontario N5Y 3Y3

$399,900

Active
3BEDS
2BATHS
6PARKING
2KITCHENS
116.29×53.96LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12665814
ListedJan 6, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetCheapside and Adelaide
PossessionFlexible

📝 Listing 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 meter, and a thoughtfully designed 1-bedroom in-law suite.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 TypeResidential Freehold
StyleDetached
Bedrooms3
Bathrooms2
Kitchens2

📐 Lot & Land

Lot Width116.29 ft
Lot Depth53.96 ft
Cross StreetCheapside and Adelaide

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementApartment, Finished
GarageNone
Parking6
ConstructionVinyl Siding
RoofAsphalt Shingle

💰 Financial

List Price$399,900
Annual Taxes$3,587.48 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$79,980
Est. Monthly Payment
$1,965/mo
Principal: $319,920 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by NU-VISTA PINNACLE REALTY BROKERAGE INCData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12665814 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.