
316 Cheapside Street
London (East B), ON N6A 2A6
- 3Bedrooms
- 2Bathrooms
- 3Garage
- 1100–1500Sq Ft
- $4,157Tax
- 45×132 ftLot Size
- Estimated Value:$605,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 316 Cheapside Street, London, East B
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-11-04 | 2025-11-14 | Login to See Prices | Sold | x12506422 |
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About 316 Cheapside Street, London, East B
Welcome to 316 Cheapside Street, a charming yellow brick bungalow in the heart of Old North! Perfectly situated just steps from St. Joseph's Hospital and close proximity to Western University, and University Hospital. This home offers unbeatable convenience in one of London's most sought-after neighbourhoods. Whether you're an investor looking for a solid income property or a first-time buyer hoping to get into the market at a great price, this one is full of opportunity. Inside, you'll find three spacious bedrooms and two 3-piece bathrooms, offering plenty of flexibility for families, roommates, or tenants. The main living and dining areas are bright and welcoming, featuring large windows that fill the home with natural light. The kitchen provides ample cupboard and counter space, perfect for everyday cooking. The back bedroom includes a private ensuite bathroom and a bonus storage area or walk-in closet, while sliding patio doors lead to a large deck and a spacious, private backyard, perfect for relaxing or entertaining. The yard backs onto Old North Public School and includes a large storage shed for added convenience. Additional updates include an owned hot water heater (2019) and a newer 100-amp breaker panel. Legal rental and leased until April 30, 2026, generating $2,679/month - a fantastic turn-key investment opportunity in a prime location. Don't miss your chance to own a piece of Old North charm, a smart investment and a welcoming place to call home.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,157
- Land Transfer Tax Fee
- $7,473
- Basement Type
- Unfinished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Primary Bedroom - Main Floor, Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick, Aluminum Siding
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 45.00 ft
- Lot Depth
- 132.00 ft
- Lot Size
- 5940
Inclusions
- Inclusions
- fridge, stove, dishwasher, washer, dryer
Exclusions
- Exclusions
- Tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 3
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Other—Main level
Washrooms
- 3-piece, Main
- 3-piece, Main
- Municipality
- London
- Neighbourhood
- East B
- Main cross streets
- Cheapside St & Waterloo St
- Zoning
- R1-4
- Directions
- from Richmond St, right onto Cheapside St, property is on left hand side
- MLS® number
- X12506422
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-11-14
- Listed on
- 2025-11-04
- Days on market
- 10 days
- Possession type
- Other
- Co-op commission
- 2%
- Seller
- Listed by
- KELLER WILLIAMS LIFESTYLES
Home Market Value
Current home valuation for 316 Cheapside Street, London, East B, London, ON. Listed for $549,900
HOMEH Estimate
$605,500
Estimated Sales Range
$478,345 - $732,655
HOMEH Estimate for 316 Cheapside Street, London, East B
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $49,900 over $500K
$29,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,786 | $15,342 | $13,088 | $0 |
=Total mortgage | $540,441 | $510,252 | $480,503 | $439,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,639monthly | $2,491monthly | $2,346monthly | $2,148monthly |
Land Transfer Tax
$7,473
$7,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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