687 Cheapside Street
London (East C), ON N5Y 3Y3
- 2+1Bedrooms
- 2Bathrooms
- 0Garage
- 700–1100Sq Ft
- $3,587Tax
- 116×54 ftLot Size
Estimated Value:$428,890See Free Estimate Report
Sale & Price History for 687 Cheapside Street, London, East C
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 687 Cheapside Street, London, East C
Summarized Description
- Versatile bungalow with two self-contained units.
- Perfect for investors or multi-generational families.
- Strong rental demand near universities.
- Main floor unit with 2 bedrooms and full kitchen.
- Lower level features a separate in-law suite.
- Outstanding value and future flexibility.
- Ideal for owner-occupants or tenants.
- Opportunity to live in one unit and rent the other.
Opportunity knocks with this versatile bungalow offering two self-contained units perfect for investors, multi-generational families, or those looking to offset their mortgage. Ideally located just 7 minutes to both Western University and Fanshawe College, this home is a prime choice for students, faculty, or anyone working or studying at either institution. With such a central location, rental demand is strong and steady. The main floor unit features a bright and spacious layout with 2 bedrooms, a full kitchen, and a comfortable living area ideal for owner-occupants or tenants alike. The fully finished lower level has a separate entrance, its own hydro meter, and a thoughtfully designed 1-bedroom in-law suite.This property is truly set up for separate living arrangements, rental income, or future flexibility. Whether you're looking to live in one unit and rent the other, or add to your portfolio with a turn-key duplex-style setup, this home offers outstanding value, location, and opportunity.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,587
- Land Transfer Tax Fee
- $4,324
- Basement Type
- Apartment, Finished
Interior Features
- Interior Extras
- Accessory Apartment, In-Law Capability, In-Law Suite
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 116.29 ft
- Lot Depth
- 53.96 ft
Inclusions
- Inclusions
- 2x Refrigerator, 2x Stove, Washer, Dryer
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 2 + 1
- Washrooms
- 2
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Bathroom—Main level, 4 Pc Bath
- Kitchen—Main level
- Living Room—Lower level
- Kitchen—Lower level
- Dining Room—Main level
- Bedroom—Main level
- Bathroom—Lower level, 4 Pc Bath
- Bedroom—Lower level
- Living Room—Main level
- Bedroom—Main level
Washrooms
- 3-piece
- Municipality
- London
- Neighbourhood
- East C
- Main cross streets
- Cheapside and Adelaide
- Directions
- Cheapside and Adelaide
- MLS® number
- X13783866
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-15
- Updated on
- 2026-09-15
- Days on market
- 40 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- NU-VISTA PINNACLE REALTY BROKERAGE INC
Home Market Value
Current home valuation for 687 Cheapside Street, London, East C, London, ON. Listed for $389,900
HOMEH Estimate
$428,890
Estimated Sales Range
$338,823 - $518,957
HOMEH Estimate for 687 Cheapside Street, London, East C
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% of purchase price for homes $500K or less
$19,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $14,816 | $10,878 | $9,280 | $0 |
=Total mortgage | $385,221 | $361,788 | $340,695 | $311,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,881monthly | $1,766monthly | $1,663monthly | $1,523monthly |
Land Transfer Tax
$4,324
$4,324
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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