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Price Change$1,099,900

569 Cheapside Street

East B, London East

$1,049,900

Detached|2-Storey
4 | 5 | 8
About this home

Welcome to this extensively renovated home in London's highly sought-after Old North neighbourhood. Thoughtfully updated from top to bottom, this exceptional property offers an outstanding layout with 7 bedrooms, 5 bathrooms, 2 kitchens, 2 laundry rooms, and spacious living areas throughout. Designed for flexibility and functionality, this versatile floor plan is ideal for large families, multi-generational living, or those seeking abundant living space. The complete underpinning with a new footing and foundation, created a full-height basement with approximately 8.3-foot ceilings. The basement has been professionally waterproofed and finished with a new concrete floor, providing space for extended family living. Extensive renovations include new plumbing, electrical wiring, upgraded 200-amp electrical service, HVAC ductwork, furnace, central air conditioning, insulation, drywall, interior doors, flooring, kitchen and bathroom fixtures, and modern lighting throughout. Hardwood flooring extends across the main and second floors, while durable luxury vinyl flooring completes the basement. The main kitchen features painted cabinetry, Samsung appliances, under-cabinet lighting, and a 750CFM stainless steel range hood. The lower-level kitchen with wood cabinetry adds even more flexibility. The primary ensuite offers a freestanding soaking tub and rail-mounted shower system with body jets. Updated bathrooms feature modern tile, custom glass shower enclosures(excluding one basement bathroom), and a rainfall shower in the basement. Additional upgrades include a new concrete driveway, double front entry door, roof shingles, fresh interior paint, sump pump, and basement sewage pump system. Situated on a desirable corner lot, this property offers a detached single-car garage and two driveways. Ideally located between Western University and Fanshawe College, and just steps from St. Joseph's Hospital, parks, grocery stores, public transit, and other everyday amenities.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$5,951
Lot Size34.66 ft x 100.6 ft
mls© NumberX13640552
Listed ByCENTURY 21 FIRST CANADIAN CORP

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,374
Property tax
$496
Heat allowance
$150
Housing costs
$6,020 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $209,980
25-yr amortization

Income needed

$185,000

gross annual household income

Payment at 4%
$4,418 / mo
Cash down
$209,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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