New Listing
1090 Richmond Street, London
$764,900 - 5 Beds, 2 Baths, 1,108 Sf
MLS® # 40588645
COLDWELL BANKER POWER REALTY, BROKERAGE
354 Cheapside Street, London
$849,900
7 Beds
4 Baths
1,229 Sqft
.09 Acres
0 Garages
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.
Essential Information
MLS® #40584163
Price$849,900
Bedrooms7
Bathrooms4.00
Full Baths4
Square Footage1,229
Acres0.09
Year Built1960
TypeResidential
Sub-TypeSingle Family Residence
StyleBungalow Raised
StatusActive
Community Information
Address354 Cheapside Street
AreaEast
SubdivisionEast B
CityLondon
CountyMiddlesex
ProvinceON
Postal CodeN6A 2A6
Amenities
Parking Spaces5
ParkingAsphalt
Utilities
Cable Available, Cell Service, Electricity Connected, Fibre Optics, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Interior
Interior FeaturesHigh Speed Internet
HeatingFireplace-Gas, Radiant Floor
CoolingCentral Air
Has BasementYes
BasementFull, Finished
FireplaceYes
# of Fireplaces2
Appliances
Water Heater Owned, Dishwasher, Dryer, Hot Water Tank Owned, Satellite Dish, Stove, Washer
Exterior
RoofMetal
ConstructionVinyl Siding
FoundationConcrete Perimeter
Lot Description
Urban, City Lot, Park, Place of Worship, Public Transit, Schools, Shopping Nearby
SchoolsSt. Michaels Or Old North Ps
High
Catholic Central High Or Central Ss
Additional Information
Days on Market12
Listing Details
Office
COLDWELL BANKER POWER REALTY, BROKERAGE
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