354 Cheapside Street London, Ontario N6A 2A6

7 Bedroom 4 Bathroom
Raised Bungalow Fireplace Central Air Conditioning Radiant Heat


354 Cheapside St is a prime investment opportunity in Old North, London. 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. 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 basement level has a separate entrance for added privacy. 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 income. The 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 accommodating 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. (id:53488)

Property Details

MLS® Number X8313186
Property Type Single Family
Community Name EastB
Parking Space Total 5
Structure Patio(s), Shed


Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 4
Bedrooms Total 7
Appliances Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two Stoves
Architectural Style Raised Bungalow
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Fireplace Present Yes
Foundation Type Concrete
Heating Type Radiant Heat
Stories Total 1
Type House
Utility Water Municipal Water




Acreage No
Sewer Sanitary Sewer
Size Depth 97 Ft
Size Frontage 38 Ft
Size Irregular 38.5 X 97 Ft
Size Total Text 38.5 X 97 Ft
Zoning Description R1-4



Contact us for more information

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Phillip Williams

(519) 471-9200
(519) 471-9300

Coldwell Banker Power Realty
#101-630 Colborne Street
London, Ontario N6B 2V2

(519) 471-9200

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Contact Melanie & Shelby Pearce

Sales Representative for Royal Lepage Triland Realty, Brokerage


You can rely on us to be a realtor who will advocate for you and strive to get you what you want. Reach out to us today- We're excited to hear from you!