For Sale: 474 Cheapside Street, London, ON - REW
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$659,900
3 bd 2 ba 700 - 1099 sf Multifamily

474 Cheapside StreetLondon, ON, N5Y 3X3

North London
  • 3 Bed
  • 2 Bath
  • 700 - 1099 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Pamela Conn, Sales Representative, RE/MAX a-b Realty Ltd Brokerage

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,991
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
130 feet
Frontage
32.3 feet
Style
Bungalow
Exterior Finish
Brick, Stucco
Heating Type
Baseboard heaters, Electric
Cooling
Air exchanger, Wall unit
Basement Details
Finished, Apartment in basement, Separate entrance, , ,
Features
Fireplace(s)
Appliances
All
Community
Agent details
Primary Agent
Pamela Conn
Primary Broker
RE/MAX a-b Realty Ltd Brokerage
Listing details
Days on REW
1 Day
MLS® Number
X13642796
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Michael School
  • Catholic
  • JK - 8
Ryerson Public School
  • Public
  • JK - 8
St Georges Public School
  • Public
  • JK - 8
Knollwood Park Public School
  • Public
  • JK - 8
Northbrae Public School
  • Public
  • JK - 8
Louise Arbour French Immersion Public School
  • Public
  • K - 8
Monseigneur-Bruyère
  • Catholic
  • 7 - 12
East Carling Public School
  • Public
  • JK - 8
London Central Secondary School
  • Public
  • 9 - 12
Lord Elgin Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-08-06.
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