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 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:47351)
Property Details
| MLS® Number | 40584163 |
| Property Type | Single Family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Communication Type | High Speed Internet |
| Features | Southern Exposure, Paved Driveway |
| Parking Space Total | 5 |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 7 |
| Appliances | Dishwasher, Dryer, Satellite Dish, Stove, Washer, Window Coverings |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1960 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Type | In Floor Heating |
| Stories Total | 1 |
| Size Interior | 2232 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Carport |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 97 Ft |
| Size Frontage | 38 Ft |
| Size Irregular | 0.087 |
| Size Total | 0.087 Ac|under 1/2 Acre |
| Size Total Text | 0.087 Ac|under 1/2 Acre |
| Zoning Description | R1-4 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 8'2'' x 10'0'' | ||
| Lower Level | Bedroom | 7'10'' x 8'10'' | ||
| Lower Level | Bedroom | 8'0'' x 9'9'' | ||
| Lower Level | Bedroom | 14'1'' x 6'10'' | ||
| Lower Level | 4pc Bathroom | 7'9'' x 5'2'' | ||
| Lower Level | 4pc Bathroom | 6'11'' x 4'10'' | ||
| Lower Level | Living Room | 11'10'' x 10'5'' | ||
| Lower Level | Kitchen/dining Room | 14'6'' x 14'11'' | ||
| Main Level | 4pc Bathroom | 9'3'' x 5'0'' | ||
| Main Level | Bedroom | 11'5'' x 9'10'' | ||
| Main Level | Bedroom | 10'10'' x 9'10'' | ||
| Main Level | Primary Bedroom | 14'2'' x 11'9'' | ||
| Main Level | 4pc Bathroom | 6'9'' x 4'8'' | ||
| Main Level | Kitchen | 11'9'' x 13'6'' | ||
| Main Level | Living Room/dining Room | 13'0'' x 17'7'' |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26856537/354-cheapside-street-london
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May 07 2024 03:59:47
London and St. Thomas Association of REALTORS®
Coldwell Banker Power Realty, Brokerage