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Royal LePage
Royal LePage
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$549,900

2+1 Beds

2 Baths

700 - 1100 FEETSQ

QuickQuoteTM: $474K - $600K

London East (East C) ON, N5Y 3Y3

MLS® # X12350807

Property Information:

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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 2+1
  • Bathrooms: 2
  • Features:
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 54.0 Feet
  • Lot Frontage: 116.3 Feet
  • Lot Size: 116.3 x 54 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom Lower Level 2.79 m x 3.28 m
  • Kitchen Lower Level 3.78 m x 3.30 m
  • Bathroom Lower Level 3.15 m x 2.16 m
  • Living Lower Level 10.06 m x 3.10 m
  • Bedroom Main Level 3.02 m x 2.84 m
  • Bedroom Main Level 3.05 m x 3.35 m
  • Bathroom Main Level 2.51 m x 1.93 m
  • Dining Main Level 2.59 m x 3.56 m
  • Living Main Level 6.40 m x 3.35 m
  • Kitchen Main Level 3.56 m x 3.43 m

Convert Measurement to:


Courtesy of: NU-VISTA PINNACLE REALTY BROKERAGE INC

REALTOR.ca  

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Location of 687 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y3

Demographic Information of 687 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$101,529.04

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.46 %

High school certificate or equivalent

30.94 %

Apprenticeship trade certificate/diploma

3.49 %

College/non-university certificate

22.05 %

University certificate (below bachelor)

1.99 %

University Degree

26.07 %

Commuter

Travel To Work

By Car

78.9 %

By Public Transit

10.16 %

By Walking

7.61 %

By Bicycle

0.91 %

By Other Methods

2.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.94 %

Houses

70.06 %

Own Vs. Rent

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