78 days on Market

758 Cheapside St, London East, Ontario N5Y 3Y8

Other
-
1
~3152 sqft
$•••,•••
$799,900
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Other
-
1
~3152 sqft

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Highlights

Property Estimate

Days on market78 days

Estimated valueNot available

Price/Sqft$253/sqft

Monthly cost

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CMA Subject Property

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+13

Properties sold*

$430K

Median sold price*

*Based on last 30 days

Description

DUPLEX! ALL BRICK!! SAME OWNERS SINCE 1975!!! Stunning turn-key DUPLEX located in the heart of Carling Heights community. This beautifully maintained property has undergone improvements without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied duplex. Live in one unit and have the tenant pay your mortgage. Main floor 2 bedroom unit boasts beautifully appointed shaker style kitchen featuring Granite countertops, designer tile backsplash, ceramic tile flooring throughout and stainless steel appliances. Luxury spa-like bathroom boasts stunning contemporary finishes. Upper 3 bedroom unit currently rented to a long term A+ tenant. Contact listing agent for details. Separate entrances for additional privacy between units. Both units feature convenient in-suite laundry. Both units feature an OVERSIZED front porch, perfect for enjoying that morning cup of coffee or evening glass of wine. Efficient hot water boiler heating system servicing both units. Ductless air conditioning unit provides ample cooling on the main floor. Separate hydro meters. Expansive concrete driveway offers parking for 6 vehicles plus BONUS attached single car garage with inside entry. Zoning: R1-6. Contact the City of London regarding the possibility of adding an Additional Residential Unit (ARU) in the lower level. London is encouraging this form of residential development to improve housing diversity, affordability and sustainable land use. Located close to all amenities including shopping, great schools, playgrounds, public transit, London Health Sciences Centre and Fanshawe College. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!


Property Details

StyleApartment
View-
Age of property51-99
SqFt~3152 SqFt
Lot Size6,801 SqFt(125.31 x 54.28)
Parking Spaces6
MLS ®NumberX12102006
Community NameCarling
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Gas Hot Water
Cooling: Part

Features

Lot size: 6,801 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Market Data - Carling

Geo Zone Map ThumbnailCarling

Balanced Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

36 days

2023

22 days

2022

13 days

New Listings

Past 30 days

50 listings

Compared to

2024

42 listings

2023

40 listings

2022

49 listings

Units sold

Past 30 days

24 units

Compared to

2024

13 units

2023

23 units

2022

29 units

Median Sold Price

Past 30 days

$463,000

Compared to

2024

$429,900

2023

$450,000

2022

$505,000


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