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354 CHEAPSIDE STREET, London, Ontario, N6A 2A6

MLS® # X8313186
House For Sale In North London, London, Ontario
$849,900 QuickQuoteTM: $759K - $907K

3+4 Beds

4 Baths

354 Cheapside Street, London, ON - Outdoor
354 Cheapside Street, London, ON - Outdoor
354 Cheapside Street, London, ON - Outdoor With Facade
354 Cheapside Street, London, ON - Outdoor With Exterior
354 Cheapside Street, London, ON - Other
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Other Room With Fireplace
354 Cheapside Street, London, ON - Indoor Photo Showing Living Room With Fireplace
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
354 Cheapside Street, London, ON - Indoor Photo Showing Laundry Room
354 Cheapside Street, London, ON - Indoor Photo Showing Bedroom
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Office
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Other
354 Cheapside Street, London, ON - Indoor Photo Showing Living Room
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Laundry Room
354 Cheapside Street, London, ON - Indoor Photo Showing Bedroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bedroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Outdoor
354 Cheapside Street, London, ON - Outdoor
354 Cheapside Street, London, ON - Outdoor With Exterior
354 Cheapside Street, London, ON  - Outdoor
354 Cheapside Street, London, ON  - Outdoor
354 Cheapside Street, London, ON  - Outdoor With Facade
354 Cheapside Street, London, ON  - Outdoor With Exterior
354 Cheapside Street, London, ON - Other
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Other Room With Fireplace
354 Cheapside Street, London, ON - Indoor Photo Showing Living Room With Fireplace
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Kitchen With Double Sink
354 Cheapside Street, London, ON - Indoor Photo Showing Laundry Room
354 Cheapside Street, London, ON - Indoor Photo Showing Bedroom
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Office
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Other
354 Cheapside Street, London, ON - Indoor Photo Showing Living Room
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor
354 Cheapside Street, London, ON - Indoor Photo Showing Laundry Room
354 Cheapside Street, London, ON - Indoor Photo Showing Bedroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bedroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Indoor Photo Showing Bathroom
354 Cheapside Street, London, ON - Outdoor
354 Cheapside Street, London, ON - Outdoor
354 Cheapside Street, London, ON - Outdoor With Exterior
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354 CHEAPSIDE STREET, London, Ontario, N6A 2A6
$849,900

3+4 Beds

4 Baths

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Raised bungalow
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace: Yes
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Two stoves, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+4
  • Bathrooms: 4
  • Irregular: Yes
  • Lot Size: 38.5 x 97 FT
  • Structure Type: Patio(s)
  • Sewer: Sanitary sewer
  • Parking Type: Carport
  • No. of Parking Spaces: 5

Courtesy of: COLDWELL BANKER POWER REALTY, BROKERAGE

REALTOR.ca  

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Location of 354 CHEAPSIDE STREET, London, Ontario, N6A 2A6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

54/100

High

ClimateCheck®

Current data

This property, 354 CHEAPSIDE STREET , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 354 CHEAPSIDE STREET , experiences 11 significant 2-day storms per year, with about 329.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.7mm of precipitation per year.

Precipitation Per Storm

Past
329.8mm
2050
405.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 354 CHEAPSIDE STREET, London, Ontario, N6A 2A6

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$171,174.67

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.54 %

High school certificate or equivalent

22.85 %

Apprenticeship trade certificate/diploma

1.89 %

College/non-university certificate

17.97 %

University certificate (below bachelor)

4.22 %

University Degree

43.53 %

Commuter

Travel To Work

By Car

77.52 %

By Public Transit

4.67 %

By Walking

10.19 %

By Bicycle

2.65 %

By Other Methods

4.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.3 %

Houses

92.7 %

Own Vs. Rent