$485,000Price changed
1 / 4
Detached
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
- On the market
- 59 days
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. 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.
Features
- Accessory Apartment
- In-Law Capability
- In-Law Suite
Property details
- MLS® number
- X13783866
- Property type
- Detached
- Style
- Bungalow
- Bedrooms
- 2+1
- Bathrooms
- 2
- Kitchens
- 2
- Interior size
- 700-1,100 ft²
- Lot
- 116.29 × 53.96 ft
- Basement
- Apartment, Finished
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Sewer
- Sewer
- Parking
- 6 spaces
- Exterior
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Property taxes
- $3,587 (2025)
- Possession
- Flexible
- Cross street
- Cheapside and Adelaide
- Community
- East C
- Municipality
- London
Rooms
Bedroom
9' 11" × 9' 4"
Main
Bedroom
10' × 11'
Main
Bedroom
9' 2" × 10' 9"
Lower
Bathroom
8' 3" × 6' 4"
Main
4 Pc Bath
Dining Room
8' 6" × 11' 8"
Main
Living Room
21' × 11'
Main
Kitchen
11' 8" × 11' 3"
Main
Kitchen
12' 5" × 10' 10"
Lower
Bathroom
10' 4" × 7' 1"
Lower
4 Pc Bath
Living Room
33' × 10' 2"
Lower
| Room | Level | Size | Features |
|---|---|---|---|
| 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" |
Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.
Location
London, near Cheapside and Adelaide
687 Cheapside Street, London
Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.
Mortgage estimate
$1,726a month
$77,980 down, 4.5%, 25 years
Down payment
%
Open the full calculatorAn estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.
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