$549,900
3.51 BTC
Photos
687 Cheapside Street, London
$549,900
PRICE
2 + 1
BEDROOMS
2
BATHROOMS
X12350807
MLSID

687 Cheapside Street, London

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.
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Summary

Address
687 Cheapside Street
City
Community
MLSID
X12350807
Property Type
Detached
Property Category
Bedrooms
2 + 1
Bathrooms
2
Kitchens
1 + 1
Taxes (Annual)
$3,587.48
Tax Year
2025
Published
August 18, 2025
Days on Market
3 Days
Possession Type
60-89 Days
Possession Details
Flexible
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Inclusions

2x Refrigerator, 2x Stove, Washer, Dryer

Exclusions

Tenants Belongings

Details

Parking Spaces
6
Parking Total
6
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
116 Feet
Lot Depth
54 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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