$549,900
3.82 BTC
Photos
316 Cheapside Street, London
$549,900
PRICE
3
BEDROOMS
2
BATHROOMS
X12506422
MLSID

316 Cheapside Street, London

Welcome to 316 Cheapside Street, a charming yellow brick bungalow in the heart of Old North! Perfectly situated just steps from St. Joseph's Hospital and close proximity to Western University, and University Hospital. This home offers unbeatable convenience in one of London's most sought-after neighbourhoods. Whether you're an investor looking for a solid income property or a first-time buyer hoping to get into the market at a great price, this one is full of opportunity. Inside, you'll find three spacious bedrooms and two 3-piece bathrooms, offering plenty of flexibility for families, roommates, or tenants. The main living and dining areas are bright and welcoming, featuring large windows that fill the home with natural light. The kitchen provides ample cupboard and counter space, perfect for everyday cooking. The back bedroom includes a private ensuite bathroom and a bonus storage area or walk-in closet, while sliding patio doors lead to a large deck and a spacious, private backyard, perfect for relaxing or entertaining. The yard backs onto Old North Public School and includes a large storage shed for added convenience. Additional updates include an owned hot water heater (2019) and a newer 100-amp breaker panel. Legal rental and leased until April 30, 2026, generating $2,679/month - a fantastic turn-key investment opportunity in a prime location. Don't miss your chance to own a piece of Old North charm, a smart investment and a welcoming place to call home.
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Summary

Address
316 Cheapside Street
City
Community
MLSID
X12506422
Property Type
Detached
Property Category
Bedrooms
3
Bathrooms
2
Kitchens
1
Zoning
R1-4
Taxes (Annual)
$4,157.00
Tax Year
2024
Published
November 4, 2025
Days on Market
1 Days
Possession Type
Other
Possession Details
Depending On Intent Of Use. May 1St If Moving In
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Inclusions

fridge, stove, dishwasher, washer, dryer

Exclusions

Tenants belongings

Details

Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Main Level
Basement
Unfinished
Interior Features
Primary Bedroom - Main Floor, Water Heater Owned
Parking Spaces
3
Parking Total
3
Parking Features
Mutual
Architectural Style
Bungalow
Roof
Shingles
Construction Materials
Brick, Aluminum Siding
Lot Size
5,940
Lot Width
45 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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