Listed by Coldwell Banker Power Realty.

354 Cheapside Street is a Detached, Bungalow-Raised and is currently for Sale @ $819,900. Taxes in 2023 were $4,295.83.

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Attention Investors! 354 Cheapside St is a prime investment opportunity in Old North, London. The Bungalow-Raised on 354 Cheapside Street has 3 bedrooms, 4 bathrooms, and is located on a 97.00 x 38.50 ft lot in the community of East B . 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.

The address 354 Cheapside Street was listed for sale (MLS# X8448370) on Monday, June 17, 2024.