354 CHEAPSIDE Street, London, Ontario N6A 2A6
$849,900.00
- 7 bedrooms
- 4 bathrooms
- 2,232 Square Feet
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 ... read more
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. (id:25417)
- Listing ID: 40584163
- Property Type: Single Family
- Year Built: 1960
| Property | |
|---|---|
| Style: | Raised Bungalow |
| Ownership: | Freehold |
| Lot Size: | 0.087 Ac (Under 1/2 Acre) |
| Parking: | Carport 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Satellite Dish, Stove, Washer, Window Coverings and Dishwasher |
| HVAC: | Central Air Conditioning, Fireplace and In Floor Heating |
| Exterior: | Brick and Vinyl Siding |
| Basement: | Full (Finished) |
| Utilities: | Cable, Electricity, Natural Gas, Telephone, Municipal Water and Municipal Sewage System |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
| Nearby Amenities: | Park, Place Of Worship, Public Transit, Schools and Shopping |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Lower level | 8'2'' x 10'0'' |
| Bedroom | Lower level | 7'10'' x 8'10'' |
| Bedroom | Lower level | 8'0'' x 9'9'' |
| Bedroom | Lower level | 14'1'' x 6'10'' |
| 4pc Bathroom | Lower level | 7'9'' x 5'2'' |
| 4pc Bathroom | Lower level | 6'11'' x 4'10'' |
| Living room | Lower level | 11'10'' x 10'5'' |
| Kitchen/Dining room | Lower level | 14'6'' x 14'11'' |
| 4pc Bathroom | Main level | 9'3'' x 5'0'' |
| Bedroom | Main level | 11'5'' x 9'10'' |
| Bedroom | Main level | 10'10'' x 9'10'' |
| Primary Bedroom | Main level | 14'2'' x 11'9'' |
| 4pc Bathroom | Main level | 6'9'' x 4'8'' |
| Kitchen | Main level | 11'9'' x 13'6'' |
| Living room/Dining room | Main level | 13'0'' x 17'7'' |
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