Listed for:Listed 23 days ago
$499,900

586 Cheapside Street

London (East B), ON N5Y 3X8

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 586 Cheapside Street, London, East B

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 586 Cheapside Street, London, East B

Summarized Description

  • Charming 1.5-storey home in Old North neighbourhood
  • Bright 3-season sunroom welcomes you
  • Renovated full bathroom on main floor
  • Finished lower level with spacious rec room
  • Detached garage set up as workshop
  • Impressive 150-foot deep lot for outdoor activities
  • Turnkey 3-bedroom, 2-bathroom property
  • Conveniently located near schools and parks

Welcome to 586 Cheapside, a charming 1.5-storey home in the highly sought-after Old North neighbourhood. This versatile property welcomes you with a bright 3-season sunroom/mudroom. The main floor features a convenient bedroom and renovated full bathroom, while upstairs offers two additional bedrooms tucked away for privacy. The finished lower level expands your living space with a spacious rec room and a additional 4-piece bathroom. Hobbyists will love the detached 1-car garage, currently set up as a dedicated workshop with electrical sub panel. Outside, step onto the back patio and take in the impressive 150-foot deep lot. offering massive space for gardening, entertaining, or letting pets run free. Located close to schools, parks, and shopping, this turnkey 3-bedroom, 2-bathroom gem blends quiet residential living with excellent city access. Don't miss your chance at this beautiful Old North Gem!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,157
Land Transfer Tax Fee
$6,473

Rental Items

Rental Equipment
Hot water heater, Air/con, furnace
Under Contract
Hot Water Tank-Gas, Air Conditioner

Basement Type
Partially Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Meter, Water Heater
Fireplace/Stove
No
Fireplace Features
Wood
Elevator
No

Exterior Features

Exterior Extras
Deck, Patio
Pool
None
Property Features
Park, Place Of Worship, Hospital, Fenced Yard, School, Public Transit
Other Structures
Shed

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
33.25 ft
Lot Depth
150.00 ft

Inclusions

Inclusions
Washer/Dryer, Oven Range, Refrigerator

Exclusions

Exclusions
Tenant Belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Yes

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Primary Bedroom—
    Second level
  • Bedroom 2—
    Main level
  • Living Room—
    Main level
  • Bedroom 3—
    Second level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Recreation—
    Second level
  • Sunroom—
    Main level

Washrooms

  • 3-piece, Main
  • 4-piece, Lower

Municipality
London
Neighbourhood
East B
Main cross streets
Adelaide and Cheapside
Directions
Adelaide and Cheapside

MLS® number
X13814564
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-22
Updated on
2026-09-22
Days on market
23 days
Possession type
60-89 days
Co-op commission
2% +HST
Seller
Listed by
PRIME REAL ESTATE BROKERAGE

Home Market Value

Current home valuation for 586 Cheapside Street, London, East B, London, ON. Listed for $499,900

HOMEH Estimate

?

$434,703

Estimated Sales Range

?

$378,813 - $496,566

HOMEH Estimate for 586 Cheapside Street, London, East B

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$434,703Low confidence
Based on 5 comparable properties
+ $65,197 (15%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,996$13,947$11,898$0
=Total mortgage
$493,901$463,857$436,813$399,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,411monthly$2,265monthly$2,133monthly$1,953monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,473

Total Land Transfer Tax

$6,473

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