474 CHEAPSIDE STREET, London, Ontario N5Y 3X3
$659,900.00
- 3 bedrooms
- 2 bathrooms
CHARM, CHARACTER & INCOME POTENTIAL! This beautifully maintained Old North bungalow offers the perfect blend of timeless Craftsman character and modern functionality. Original architectural details, including elegant millwork, decorative pillars separating the living and dining rooms, an original French door, and mosaic tile, preserve the home's historic appeal.Now registered and licensed as a legal duplex, this R1-4 zoned property features two self-contained units with separate hydro services, making it an exceptional opportunity for investors or owner-occupants looking to offset their mortgage with rental income. If a single-family home is ... read more
CHARM, CHARACTER & INCOME POTENTIAL! This beautifully maintained Old North bungalow offers the perfect blend of timeless Craftsman character and modern functionality. Original architectural details, including elegant millwork, decorative pillars separating the living and dining rooms, an original French door, and mosaic tile, preserve the home's historic appeal.Now registered and licensed as a legal duplex, this R1-4 zoned property features two self-contained units with separate hydro services, making it an exceptional opportunity for investors or owner-occupants looking to offset their mortgage with rental income. If a single-family home is preferred, the property can be easily converted back by reinstating the rear staircase. Extensive renovations completed in 2023 include the creation of a fully legal lower suite, updated mechanical systems, separate heating and cooling, ERV systems, and numerous capital improvements throughout. Located in the highly desirable Old North neighbourhood, the property is just minutes from Western University, St. Joseph's Hospital, downtown London, parks, schools, shopping, and transit. Whether you're looking for a turnkey income property, a mortgage helper, or a multi-generational living opportunity, this property offers outstanding flexibility in one of London's most sought-after communities. All measurements are approximate. See attachments for list of upgrades, and City of London Rental Licence. (id:25417)
- Listing ID: X13642796
- Property Type: Multi-family
| Property | |
|---|---|
| Style: | Bungalow |
| Lot Size: | 32.3 by 130 FT |
| Parking: | No Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Duplex |
| Appliances: | All |
| HVAC: | Air Exchanger, Baseboard Heaters, Fireplace and Wall Unit Electric |
| Exterior: | Brick and Stucco |
| Basement: | N/A, N/A, N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Place Of Worship, Public Transit and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Utility room | Lower level | 3.35 m x 1.47 m |
| Other | Lower level | 3.23 m x 1.65 m |
| Recreational, Games room | Lower level | 10.06 m x 3.2 m |
| Kitchen | Lower level | 4.27 m x 2.77 m |
| Bedroom | Lower level | 4.3 m x 2.74 m |
| Bathroom | Lower level | 3.02 m x 1.25 m |
| Kitchen | Main level | 3.43 m x 3.33 m |
| Living room | Main level | 4.55 m x 3.33 m |
| Dining room | Main level | 3.53 m x 3.33 m |
| Primary Bedroom | Main level | 5.21 m x 2.74 m |
| Bedroom | Main level | 2.74 m x 2.69 m |
| Bathroom | Main level | 1.78 m x 1.75 m |
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