354 Cheapside Street London, Ontario N6A 2A6
$849,900
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 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:41954)
Property Details
| MLS® Number | X8313186 |
| Property Type | Single Family |
| Community Name | EastB |
| Parking Space Total | 5 |
| Structure | Patio(s) |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 7 |
| Appliances | Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Fireplace Present | Yes |
| Foundation Type | Concrete |
| Heating Type | Radiant Heat |
| Stories Total | 1 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Carport |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 38.5 X 97 Ft |
| Size Total Text | 38.5 X 97 Ft |
https://www.realtor.ca/real-estate/26858076/354-cheapside-street-london-eastb
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May 14 2024 06:04:50
Toronto Real Estate Board
Coldwell Banker Power Realty, Brokerage