Unknown for 687 Cheapside St, London East Ontario N5Y 3Y3
22 days on Market

687 Cheapside St, London East, Ontario N5Y 3Y3

Detached
2 + 1
2
~700-1100 sqft
$549,900
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Detached
2 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market22 days

Estimated valueNot available

Price/Sqft$642/sqft

Monthly cost

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CMA Subject Property

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+13

Properties sold*

$498K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size6,275 SqFt(53.96 x 116.29)
Parking Spaces6
MLS ®NumberX12350807
Community NameCarling
Data SourceTRREB
Listing byNU-VISTA PREMIERE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Finished

Main Floor

Br

3.022 x 2.8448

Br

3.048 x 3.3528

Bathroom

2.5146 x 1.9304

4 Pc Bath

Dining

2.5908 x 3.556


Features

Lot size: 6,275 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Aug 18, 2025
ListedActive
$549,900
22 days on market
history photo preview3
Listing by trreb®

Market Data - Carling

Geo Zone Map ThumbnailCarling

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2024

36 days

2023

15 days

2022

18 days

New Listings

Past 30 days

28 listings

Compared to

2024

19 listings

2023

26 listings

2022

18 listings

Units sold

Past 30 days

9 units

Compared to

2024

13 units

2023

17 units

2022

12 units

Median Sold Price

Past 30 days

$481,000

Compared to

2024

$497,500

2023

$495,000

2022

$525,000


Population and Demographics

Overview

Total population 18701
Average household income $82,796

Age (%)

0 to 19
21%
20 to 34
31%
35 to 49
19%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Others
6%
Nepali
3%
Malayalam
3%
Spanish
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget