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687 Cheapside Street

East C / London East, ON N5Y 3Y3

ActiveFor Sale
3 Beds
2 Baths
700 Sq Ft
Single Family Home

About This Property

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 meter, and a thoughtfully designed 1-bedroom in-law suite.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.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms3
Bathrooms2
Postal CodeN5Y 3Y3
Last UpdatedAug 8, 2026 · 6:54 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12665814

Listed by NU-VISTA PINNACLE REALTY BROKERAGE INC

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$399,900

asking price

MLS®X12665814
TypeSingle Family Home
CityLondon East
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,953

/month · $319,920 mortgage

Down Payment20% — $79,980
Interest Rate5.5%

Amortization

Total Interest

$265,909

Total Cost

$585,829

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

NU-VISTA PINNACLE REALTY BROKERAGE INC