474 Cheapside Street London East, Ontario N5Y 3X3

3 Bedroom 2 Bathroom 700 - 1,100 sqft
Bungalow Fireplace Wall Unit, Air Exchanger Baseboard Heaters

$659,900

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. (id:49269)

Property Details

MLS® Number X13642796
Property Type Multi-family
Community Name East B
Amenities Near By Hospital, Place Of Worship, Public Transit, Schools, Park
Parking Space Total 4
Structure Porch

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Amenities Fireplace(s)
Appliances All
Architectural Style Bungalow
Basement Development Finished
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a, N/a, N/a (finished)
Cooling Type Wall Unit, Air Exchanger
Exterior Finish Brick, Stucco
Fireplace Present Yes
Fireplace Total 1
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Hospital, Place Of Worship, Public Transit, Schools, Park
Sewer Sanitary Sewer
Size Depth 130 Ft
Size Frontage 32 Ft ,3 In
Size Irregular 32.3 X 130 Ft
Size Total Text 32.3 X 130 Ft

Rooms

Level Type Dimensions
Lower Level Utility Room 3.35 m x 1.47 m
Lower Level Other 3.23 m x 1.65 m
Lower Level Recreational, Games Room 10.06 m x 3.2 m
Lower Level Kitchen 4.27 m x 2.77 m
Lower Level Bedroom 4.3 m x 2.74 m
Lower Level Bathroom 3.02 m x 1.25 m
Main Level Kitchen 3.43 m x 3.33 m
Main Level Living Room 4.55 m x 3.33 m
Main Level Dining Room 3.53 m x 3.33 m
Main Level Primary Bedroom 5.21 m x 2.74 m
Main Level Bedroom 2.74 m x 2.69 m
Main Level Bathroom 1.78 m x 1.75 m

https://www.realtor.ca/real-estate/30120055/474-cheapside-street-london-east-east-b-east-b

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