687 CHEAPSIDE STREET, London East (East C)
$389,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 3 bedrooms, 2 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® X13783866
- Neighbourhood
- East C
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.
Sold data
Homes in East C — recent sold market
Homes in East C took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 48, across 102 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $449,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
- Median days to sell
- 27
- Median sale price
- $449,900
- Sale-to-list ratio
- 97.3%
- Sold above asking
- 13%
Based on 102 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London East (East C)
London East (East C) 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 C)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 687 CHEAPSIDE STREET
$414,000
Detached321,100–1,500 sqft229 ST JULIEN STREET, East M, London East
$479,900
Detached3+12700–1,100 sqft42 GRAHAM CRESCENT, East N, London East
$479,900
Detached3+12700–1,100 sqft218 VANCOUVER STREET, East H, London East
$479,999
Detached32700–1,100 sqft1062 APACHE ROAD, East D, London East
$484,900
Detached32700–1,100 sqft407 VERMONT AVENUE, South J, London South
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Detached210–699 sqft7 BEVERLY STREET, South H, London South
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Detached321,100–1,500 sqft9 SYCAMORE STREET, East M, London East
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Detached321,500–2,000 sqft125 CURTIS STREET, St. Thomas, St. Thomas