$589,900
133 Thornton Avenue, London East, ON N5Y 2Y6


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London East, ON N6A 2A6
7 Bed · 4 Bath · Detached
MLS #X8448370
Sold on July 30, 2024
July 30, 2024
Originally listed at $819,900 4 days on market
Attention Investors! 354 Cheapside St is a prime investment opportunity in Old North, London. This legal 7-bedroom house spans two levels with 4 full bathrooms, 2 kitchens, and 2 living rooms, offering functionality and space for Western students. The lower level has a separate entrance for added privacy. Just a short walk or bus ride to Western University and King's University College, and a 15-minute walk to downtown, this property is ideal for investors. Professionally managed, all rooms are fully leased, providing a stable income. The property holds a City of London rental license and generates $61,680 in annual gross income with strong cash flow. This solid raised brick bungalow has an updated metal roof, laminate and ceramic flooring, radiant in-floor heating throughout, and central air conditioning. Out front, the driveway and carport can accommodate up to 5 cars. This property presents an excellent opportunity to capitalize on London's rental market. Don't miss out on this turnkey investment - schedule your private viewing today.
Bedrooms
7
Bathrooms
4
Property Type
Detached
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| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Main) | 3.9 x 5.35 | 12.8 x 17.6 | - |
| Kitchen(Main) | 3.58 x 4.11 | 11.7 x 13.5 | - |
| Bathroom(Main) | 2.06 x 1.42 | 6.8 x 4.7 | - |
| Bedroom(Main) | 4.32 x 3.58 | 14.2 x 11.7 | - |
| Bedroom 2(Main) | 3.3 x 3 | 10.8 x 9.8 | - |
| Bedroom 3(Main) | 3.48 x 3 | 11.4 x 9.8 | - |
| Living Room(Lower) | 3.61 x 3.17 | 11.8 x 10.4 | - |
| Kitchen(Lower) | 4.42 x 4.55 | 14.5 x 14.9 | - |
| Bedroom(Lower) | 4.29 x 2.08 | 14.1 x 6.8 | - |
| Bathroom(Main) | 2.82 x 1.52 | 9.3 x 5.0 | - |
| Bedroom(Lower) | 2.44 x 2.97 | 8.0 x 9.7 | - |
| Bathroom(Lower) | 2.36 x 1.57 | 7.7 x 5.2 | - |
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Complete transaction history for this property
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Original List Price
$819,900
Listed on Jun 16, 2024
Sold Price
$775,000
Sold on Jul 30, 2024
-$44,900
-5.5%
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Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Contact OVAIS QASSIM
354 Cheapside Street, London East, ON N6A 2A6 is a 7-bedroom, 4-bathroom bungalow-raised detached, situated on a 39 97 foot lot. This property is currently sold (sold for $775,000). The home features a carport garage and a full, finished basement, built approximately 51-99 years ago.
This home is located in East B, part of London East in the Middlesex area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in East B, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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