About this property

Attention Investors! 354 Cheapside St is a prime investment opportunity in Old North, London. This legal 7-bedroom house spans two levels with 4 full bathrooms, 2 kitchens, and 2 living rooms, offering functionality and space for Western students. The lower level has a separate entrance for added privacy. Just a short walk or bus ride to Western University and King's University College, and a 15-minute walk to downtown, this property is ideal for investors. Professionally managed, all rooms are fully leased, providing a stable income. The property holds a City of London rental license and generates $61,680 in annual gross income with strong cash flow. This solid raised brick bungalow has an updated metal roof, laminate and ceramic flooring, radiant in-floor heating throughout, and central air conditioning. Out front, the driveway and carport can accommodate up to 5 cars. This property presents an excellent opportunity to capitalize on London's rental market. Don't miss out on this turnkey investment - schedule your private viewing today.

Features & finishes

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Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X8448370
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	0 sq ft
Beds / Baths	7 bed · 4 bath
City	London East
Postal Code	N6A 2A6
Province	ON
Listed Date	May 27, 2026
Brokerage	COLDWELL BANKER POWER REALTY