687 Cheapside Street, London, ON N5Y 3Y3

$389,900
3
BD
2
BA
700
SqFt

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List Price
$389,900
MLS#
X13783866
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
3
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
East
Subdivision
Cheapside And Adelaide

Property Description

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.

Additional Information

Taxes
$3,587
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
2
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
6

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Calculator source: Real Geeks

Listing courtesy of NU-VISTA PINNACLE REALTY BROKERAGE INC.