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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 and water meters, and a thoughtfully designed 1-bedroom in-law suite, making it completely independent from the upper unit. With 2 hydro meters and 2 water meters, 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.
2x Refrigerator, 2x Stove, Washer, Dryer
City: London East
Neighborhood: East C
Purchase Price | $549900 |
Down Payment | $109980 |
Mortgage Insurance | $0 |
Total Mortgage | $439920 |
Mortgage Payment | $2711 |
Property Taxes | $299 |
Maintenance Fees | $0 |
Monthly Payment | $3010 |
Sold Comparables homes near 687 Cheapside St, London East
Located at 687 Cheapside St , this London East house is available for sale. This property was listed for $549,900 on Mon Aug 18 2025. This house's size is 700-1100 Sqft. It has 2 bedrooms and 2 bathrooms. The property includes the following rooms: Br, Br, Br, Bathroom, Dining, Living, Kitchen, Kitchen, Bathroom, Living. This property comes with 6 parking spots. 687 Cheapside St, London East is situated in the East C neighbourhood.
MLS#: X12350807 · $549,900 · 2 bedroom house in East C, London East