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Home with brick exterior material, street for 316 Cheapside St, London East Ontario N6A 2A6
19 hours on Market

316 Cheapside St, London East, Ontario N6A 2A6

Detached
3
2
~1100-1500 sqft
$549,900
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$2,750Cashback
Detached
3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market19 hours

Estimated valueNot available

Price/Sqft$433/sqft

Monthly cost

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CMA Subject Property

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+11

Properties sold*

$690K

Median sold price*

*Based on last 30 days

Description

Welcome to 316 Cheapside Street, a charming yellow brick bungalow in the heart of Old North! Perfectly situated just steps from St. Joseph's Hospital and close proximity to Western University, and University Hospital. This home offers unbeatable convenience in one of London's most sought-after neighbourhoods. Whether you're an investor looking for a solid income property or a first-time buyer hoping to get into the market at a great price, this one is full of opportunity. Inside, you'll find three spacious bedrooms and two 3-piece bathrooms, offering plenty of flexibility for families, roommates, or tenants. The main living and dining areas are bright and welcoming, featuring large windows that fill the home with natural light. The kitchen provides ample cupboard and counter space, perfect for everyday cooking. The back bedroom includes a private ensuite bathroom and a bonus storage area or walk-in closet, while sliding patio doors lead to a large deck and a spacious, private backyard, perfect for relaxing or entertaining. The yard backs onto Old North Public School and includes a large storage shed for added convenience. Additional updates include an owned hot water heater (2019) and a newer 100-amp breaker panel. Legal rental and leased until April 30, 2026, generating $2,679/month - a fantastic turn-key investment opportunity in a prime location. Don't miss your chance to own a piece of Old North charm, a smart investment and a welcoming place to call home.


Upcoming Open House

Nov 8Sat2:00 PM - 4:00 PM

Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size5,940 SqFt(132 x 45)
Parking Spaces3
MLS ®NumberX12506422
Community NameNorth London
Data SourceTRREB
Listing byKELLER WILLIAMS LIFESTYLES

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Main Floor

Dining

3.69 x 3.3

2nd Br

3.96 x 2.68

Living

6.57 x 3.43

Kitchen

3.62 x 3.15


Features

Lot size: 5,940 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Nov 4, 2025
ListedActive
$549,900
19 hours on market
history photo preview24
Listing by trreb®

Market Data - North London

Geo Zone Map ThumbnailNorth London

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

21 days

2023

28 days

2022

19 days

New Listings

Past 30 days

15 listings

Compared to

2024

16 listings

2023

11 listings

2022

15 listings

Units sold

Past 30 days

7 units

Compared to

2024

11 units

2023

3 units

2022

10 units

Median Sold Price

Past 30 days

$730,000

Compared to

2024

$690,000

2023

$960,000

2022

$630,000


Population and Demographics

Overview

Total population 9916
Average household income $144,067

Age (%)

0 to 19
17%
20 to 34
30%
35 to 49
16%
50 to 64
17%
65 and plus
21%

Household composition (%)

Single family
49%
Single person
39%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
86%
Others
8%
Spanish
2%
Mandarin
1%
Arabic
1%

House tenancy (%)

Renters
52%
Owners
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget