Key Facts
- MLS® #: 40584163
- Property ID: SIRC1836993
- Property Type: Residential, House
- Living Space: 2,232 sq.ft.
- Lot Size: 0.09 ac
- Year Built: 1960
- Bedrooms: 3+4
- Bathrooms: 4
- Parking Spaces: 5
- Listed By:
- COLDWELL BANKER POWER REALTY, BROKERAGE
Property Description
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 gross 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.
Rooms
- TypeLevelDimensionsFlooring
- Living / Dining RoomMain17' 7" x 12' 11.9"Other
- KitchenMain13' 5.8" x 11' 8.9"Other
- BedroomMain9' 10.1" x 10' 9.9"Other
- Primary bedroomMain11' 8.9" x 14' 2"Other
- BedroomMain9' 10.1" x 11' 5"Other
- BathroomMain4' 7.9" x 6' 9.1"Other
- BathroomMain4' 11.8" x 9' 3"Other
- Kitchen With Eating AreaLower14' 11.1" x 14' 6"Other
- BathroomLower4' 9.8" x 6' 11"Other
- Living roomLower10' 4.8" x 11' 10.1"Other
- BathroomLower5' 1.8" x 7' 8.9"Other
- BedroomLower9' 8.9" x 8' 6.3"Other
- BedroomLower6' 9.8" x 14' 8.9"Other
- BedroomLower8' 9.9" x 7' 10"Other
- BedroomLower10' 7.8" x 8' 2"Other
Listing Agents
Request More Information
Request More Information
Location
354 Cheapside Street, London, Ontario, N6A 2A6 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0
Apply for Mortgage Pre-Approval in 10 Minutes
Get Qualified in Minutes - Apply for your mortgage in minutes through our online application. Powered by Pinch. The process is simple, fast and secure.
Apply Now