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MLS® X8448370

  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $4,296
Lot Size 
Approx. Age 
MLS® Number X8448370

Property Address: 354 Cheapside St, London, ON, N6A2A6

Average square foot calculated using Size range provided by listing agent.

Description

Attention Investors! 354 Cheapside St is a prime investment opportunity in Old North, London. 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 lower level has a separate entrance for added privacy. 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. 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 gross income with strong cash flow. This solid 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 accommodate 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.Show Description
MLS® NumberX8448370
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Finished
DrivewayGarage Type:Carport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Lower Level14.93 × 14.51 ft

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Commute

Starting Address
Destination Address
354 Cheapside St, London, ON

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