474 Cheapside Street, London - East (East B) ON

About 474 Cheapside Street

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. 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. (id:56071). Get more information on 474 Cheapside Street

Property Features

Appliances:  All
Rental Equipment:  
Fireplace Total:  1
Directions:  Cross Streets: Harrison Ave. ** Directions: Travelling North on Richmond Street from Oxford. Turn Right onto Cheapside Street. Destination is on your left.
Interior Size (Approximate):  700 - 1100 sqft
Amenities:  Fireplace(s)
Lot (Approximate):  32.3 x 130 FT 32.3 x 130 FT
Exterior Finish:  Brick, Stucco
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Electric / Wall unit, Air exchanger
Age (Approximate): 
Foundation: Block
Basement:  N/A, N/A, N/A (Finished) Finished

Rooms & Sizes

(Approximate)

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