Salehian.com 647-325-5000

687 Cheapside Street

East C, London East, N5Y 3Y3

$389,900

Photo 1 of 4Photo 2 of 4Photo 3 of 4Photo 4 of 4
  • 2+1 bedrooms
  • 2 bathrooms
  • 6 parking
  • 700-1100 sq ft

Listed 34 days ago · MLS® X13783866

About this home

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.

Details

Type
Detached
Style
Bungalow
Size
700-1100 sq ft
Lot
116.29 × 53.96 ft
Basement
Apartment, Finished
Garage
None
Kitchens
2
Property tax
$3,587 (2025)
Neighbourhood
East C
Municipality
London East
Price per sq ft
$433 (16% below detached houses in East C, $517)

Interior

Bedrooms
2 above ground + 1 below
Bathrooms
2 × 3-piece
Kitchens
2 (1 below ground)
Rooms
11 above ground
Family room or den
Yes
Fireplace
No
Features
Accessory Apartment, In-Law Capability, In-Law Suite

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete Block
Faces
South

Parking

Total parking
6

Lot

Size
116.29 × 53.96 ft

More

Possession
Flexible
Cross street
Cheapside and Adelaide

Rooms

RoomLevelSizeFeatures
BedroomMain3.02 × 2.84 m (9'11" × 9'4")
BedroomMain3.05 × 3.35 m (10' × 11')
BedroomLower2.79 × 3.28 m (9'2" × 10'9")
BathroomMain2.51 × 1.93 m (8'3" × 6'4")4 Pc Bath
Dining RoomMain2.59 × 3.56 m (8'6" × 11'8")
Living RoomMain6.4 × 3.35 m (21' × 11')
KitchenMain3.56 × 3.43 m (11'8" × 11'3")
KitchenLower3.78 × 3.3 m (12'5" × 10'10")
BathroomLower3.15 × 2.16 m (10'4" × 7'1")4 Pc Bath
Living RoomLower10.06 × 3.1 m (33' × 10'2")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 4 grocery stores, 14 cafés and restaurants, 5 parks, 4 pharmacies. Nearest grocery: Metro (400 m). Nearest park: Smith Park (250 m).

Schools nearby

Elementary

  • Knollwood Park Public School
    EQAO: Gr 6 reading 74%, math 38%    7 min walk
  • St. Michael Separate School Catholic
    EQAO: Gr 6 reading 94%, math 53%    13 min walk
  • East Carling Public School
    EQAO: Gr 6 reading 76%, math 46%    17 min walk
  • Northbrae Public School
    EQAO: Gr 6 reading 85%, math 31%    17 min walk

Secondary

  • École secondaire catholique École secondaire Monseigneur-Bruyère French15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N5Y

Owners / renters
45% / 55%
Median household income
$63,600
Average age
38
Children under 15
16%
Homes
41% detached, 29% high-rise
Commute by transit
12%
Population
35,934

Languages spoken most at home besides English: Nepali 2%, Malayalam 1.7%, Arabic 1.1%, Assyrian Neo-Aramaic 1.1%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by NU-VISTA PINNACLE REALTY BROKERAGE INC.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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