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Unknown for 1215 Cheapside St #2, London East Ontario N5Y 5J9
Re-listed 2 days ago

1215 Cheapside St #2, London East, Ontario N5Y 5J9

In the same building:
-
Condo
3
2
~1000-1199 sqft
$•••,•••
$389,900
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$1,950Cashback
Condo
3
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market2 days

Total days on market
124 days

Estimated valueNot available

Price/Sqft$357/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$195K

Median sold price*

*Based on last 30 days

Description

This bright, spacious condo offers an unbeatable combination of comfort, convenience, and location. Just steps from shopping, restaurants, grocery stores, and public transit, you'll enjoy the benefits of urban living without needing a vehicle though this unit comes with a rare bonus of two assigned parking spots located right outside your front door, plus plenty of visitor parking. The location is ideal for a wide range of buyers: commuters will appreciate the quick access to Highway 401, investors will value the close proximity to Fanshawe College, and families will love the nearby parks, library, and community centre. Inside, you're welcomed by a bright and spacious living room that flows into a functional kitchen and dining area, with a convenient two-piece bathroom on the main floor. Upstairs offers three comfortable bedrooms and a four-piece bathroom, while the finished basement provides valuable extra living space perfect for a family room or even an office. Neighbouring units have already been converted to four-bedroom layouts, offering excellent rental potential. While this unit is currently heated with electricity, both neighbouring units have converted to gas, making it a simple upgrade for future owners or install a heat pump at virtually no cost currently with the rebate incentives. With its versatile layout, desirable features, and prime location, this home is a fantastic opportunity for first-time buyers, families, or investors. Don't miss your chance to make it yours!


Upcoming Open House

Jul 6Sun2:00 PM - 4:00 PM

Property Details

Style2-Storey
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberX12255971
Community NameCarling
Data SourceTRREB
Listing byCentury 21 Heritage House Ltd Brokerage

Features

Heating: Baseboard
Basement: Full, Finished

Main Floor

Living

5.14 x 6.74

Kitchen

2.33 x 2.7

Dining

2.82 x 2.71

Bathroom

1.36 x 1.25


Parking

Garage spaces -

Garage type -

Total parking spaces 2


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Market Data - Carling

Geo Zone Map ThumbnailCarling

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

62 days

2023

20 days

2022

22 days

New Listings

Past 30 days

11 listings

Compared to

2024

10 listings

2023

10 listings

2022

14 listings

Units sold

Past 30 days

4 units

Compared to

2024

3 units

2023

5 units

2022

7 units

Median Sold Price

Past 30 days

$269,950

Compared to

2024

$194,900

2023

$295,000

2022

$275,000


Population and Demographics

Overview

Total population 18701
Average household income $82,796

Age (%)

0 to 19
21%
20 to 34
31%
35 to 49
19%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Others
6%
Nepali
3%
Malayalam
3%
Spanish
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget