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$659,900
Available - For Sale
Listing ID: X13642796
474 Cheapside Street , London East, N5Y 3X3, Middlesex


CHARM, CHARACTER & INCOME POTENTIAL! This beautifully maintained Old North bungalow offers the perfect blend of timeless Craftsman character and modern functionality. Original architectural details, including elegant millwork, decorative pillars separating the living and dining rooms, an original French door, and mosaic tile, preserve the home's historic appeal.Now registered and licensed as a legal duplex, this R1-4 zoned property features two self-contained units with separate hydro services, making it an exceptional opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Extensive renovations completed in 2023 include the creation of a fully legal lower suite, updated mechanical systems, separate heating and cooling, ERV systems, and numerous capital improvements throughout.Located in the highly desirable Old North neighbourhood, the property is just minutes from Western University, St. Joseph's Hospital, downtown London, parks, schools, shopping, and transit. Whether you're looking for a turnkey income property, a mortgage helper, or a multi-generational living opportunity, this property offers outstanding flexibility in one of London's most sought-after communities. All measurements are approximate. See attachments for list of upgrades, and City of London Rental Licence.
Price $659,900
Taxes: $4991.35
Assessment Year: 2026
Occupancy: Tenant
Address: 474 Cheapside Street , London East, N5Y 3X3, Middlesex
Directions/Cross Streets: Harrison Ave
Rooms: 6
Rooms +: 6
Bedrooms: 2
Bedrooms +: 1
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 11.25 10.92
Room 2 Main Living Ro 14.92 10.92
Room 3 Main Dining Ro 11.58 10.92
Room 4 Main Primary B 17.09 8.99
Room 5 Main Bedroom 8.99 8.82
Room 6 Main Bathroom 5.84 5.74
Room 7 Lower Recreatio 33 10.5
Room 8 Lower Kitchen 14.01 9.09
Room 9 Lower Bedroom 14.1 8.99
Room 10 Lower Bathroom 9.91 4.1
Room 11 Lower Utility R 10.99 4.82
Room 12 Lower Other 10.59 5.41 Walk-In Closet(s)
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Lower
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: Bungalow
Exterior: Brick, Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 700-1100
Property Features: Hospital, Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Baseboard
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX a-b Realty Ltd Brokerage
Personal Picture
Saleem Akhtar
Sales Representative
Dir:
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Bus:
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Fax:
416-496-2144
 
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At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London East
Neighbourhood: East B
Style: Bungalow
Lot Size: x 130.00(Feet)
Approximate Age:
Tax: $4,991.35
Maintenance Fee: $0
Beds: 2+1
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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