569 CHEAPSIDE STREET, London East (East B)

$949,900

For sale: Detached

Detached at 569 CHEAPSIDE STREET, London East (East B)
Property type
Detached
Bedrooms / bathrooms
7 bedrooms, 5 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13810004
Neighbourhood
East B

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.

Sold data

Detached homes in London East (East B) — recent sold market

Detached homes in London East (East B) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $629,900.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$629,900
Sale-to-list ratio
97.2%
Sold above asking
14%

Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East B)

London East (East B) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London East (East B)

  • John Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 569 CHEAPSIDE STREET