687 Cheapside ST new

London East,ON N5Y 3Y3

$ 549900

3 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision East C

MLS Listing ID X12350807

Style Bungalow

Bedrooms 3

Annual Tax Amount $3,587

Tax Year 2025

Property Sub-Type Detached

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.

Location

Province ON

County Middlesex

Community East C

Area Middlesex

Rooms

Family Room Yes

Basement Apartment,Finished

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Accessory Apartment,In-Law Capability,In-Law Suite

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 116.29

Lot Depth 53.96

Total Parking Spaces 6

Building

Foundation Concrete Block

Others

ParcelsYN No

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