354 Cheapside Street, London, Ontario N6A 2A6

Listed for:
$849,900
7 beds
4 baths
Listed 12 days ago
House for rent: 354 Cheapside Street, London, Ontario N6A 2A6

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Learn more about this property
Listing provided by:
COLDWELL BANKER POWER REALTY, BROKERAGE
MLS® number:
X8313186
Agent:
Phillip Williams
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About

354 Cheapside St is a prime investment opportunity in Old North, London. 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. 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 basement level has a separate entrance for added privacy. 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 income. The 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 accommodating 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. (id:27476)

Property Highlights

Type
House
Cooling type
Central air conditioning
Heating fuel
Fireplace
Yes
Construction material
Brick, Vinyl siding
Parking space
5
Ownership Type
Freehold
Amenities nearby

Location

Street Spotlight - For sale