Scout N Secure

$659,900

Map

474 Cheapside Street

East B, London East, Ontario N5Y3X3

For sale· Added

2+1 bed2 bath700–1,100 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13642796
Added
Aug 5, 2026 ()
Updated
Sep 11, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Duplex
Style
Bungalow
Storeys
1

Inside

Bedrooms
2+1
Bathrooms
2
Heating
Baseboard heaters, Electric
Cooling
Air exchanger, Wall unit
Fireplace
Yes
Appliances
All

Building

Basement
Finished, Apartment in basement, Separate entrance
Exterior
Brick, Stucco
Foundation
Block
Parking
No Garage · 4 spaces
Amenities
Fireplace(s)

Land

Lot size
32.3 x 130 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Harrison Ave
Directions
Travelling North on Richmond Street from Oxford. Turn Right onto Cheapside Street. Destination is on your left.

Running costs

Annual property tax (2026)
$4,991

Rooms

KitchenMain level3.43 x 3.33 m
Utility roomLower level3.35 x 1.47 m
OtherLower level3.23 x 1.65 m
Living roomMain level4.55 x 3.33 m
Dining roomMain level3.53 x 3.33 m
Primary BedroomMain level5.21 x 2.74 m
BedroomMain level2.74 x 2.69 m
BathroomMain level1.78 x 1.75 m
Recreational, Games roomLower level10.06 x 3.2 m
KitchenLower level4.27 x 2.77 m
BedroomLower level4.3 x 2.74 m
BathroomLower level3.02 x 1.25 m

Ask about this home

$659,900
474 Cheapside Street
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