687 Cheapside Street, London East, ON N5Y 3Y3
  • $389,900

Overview

  • Detached, Style Bungalow
  • Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms

Description

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.

  • Address: Cheapside
  • City: London East
  • State/county: Middlesex
  • Zip/Postal Code: N5Y 3Y3
  • Area: East C

Details

Updated on October 10, 2026 at 12:21 am
  • Price $389,900
  • Bedrooms 3
  • Bathrooms 2
  • Type Detached, Style Bungalow
  • Property Status Residential Freehold

Additional details

  • Bedrooms 2
  • Tax Year 2025
  • Square Footage 700-1100
  • Bedrooms Plus 1
  • Washrooms 2
  • Kitchens 1
  • Total Kitchens 2
  • Family Room Yes
  • Basement Apartment, Finished
  • Heating Type Forced Air
  • Heating Fuel Gas
  • Air Conditioning Central Air
  • Sewers Sewer
  • Front 116.29
  • Depth 53.96
  • Parking Spaces 6
  • Total Parking Spaces 6
  • Exterior Finish Vinyl Siding
  • Property Orientation South
  • Taxes 3587.48
  • Occupancy Tenant
  • Cross Street Cheapside and Adelaide
  • Courtesy of NU-VISTA PINNACLE REALTY BROKERAGE INC
  • Price per Sq Ft ~$433 (at 900 sq ft)
  • Listed Sep 15, 2026 ยท 24 days on market

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Questions & answers

Frequently asked questions about 687 Cheapside Street

Answers come straight from this home’s MLS® listing.

How much is 687 Cheapside Street listed for?

687 Cheapside Street is listed for $389,900. With 20% down ($77,980), the mortgage payment would be roughly $1,571 a month at 4.49% over 30 years, before property tax and utilities. That figure is an illustration, not a quote.

How many bedrooms and bathrooms does 687 Cheapside Street have?

687 Cheapside Street has 2 bedrooms above grade plus 1 more below grade and 2 bathrooms. There are 2 kitchens.

How big is 687 Cheapside Street?

The listing puts the above-grade living space between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it does not include the basement.

What type of home is 687 Cheapside Street?

687 Cheapside Street is a detached bungalow in East C, London East. The exterior is vinyl siding.

Does 687 Cheapside Street have a finished basement?

The basement is listed as apartment, finished. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

How big is the lot at 687 Cheapside Street?

The lot is 116.29 ft wide by 53.96 ft deep, which is about 6,275 sq ft if it is a regular rectangle. The listing gives the orientation as south.

Does 687 Cheapside Street have a garage, and how much parking is there?

The listing does not show a garage. There is parking for 6 vehicles in total.

How is 687 Cheapside Street heated and cooled?

Heating is forced air (gas). Cooling is central air.

What are the property taxes for 687 Cheapside Street?

Property taxes are $3,587 a year (2025), or about $299 a month.

What neighbourhood is 687 Cheapside Street in?

687 Cheapside Street is in the East C community of London East, Middlesex Region. The nearest main intersection is Cheapside and Adelaide. The postal code is N5Y 3Y3.

Is 687 Cheapside Street still for sale?

Yes. 687 Cheapside Street is an active listing (MLS® X13783866), on the market since September 15, 2026. Listings here update from the board through the day and come down once a home sells.

Has 687 Cheapside Street sold before, and for how much?

Past sales, leases and expired listings for this address are in the Sold history tab, with the price and date of each. It is free for members.

How do I book a showing at 687 Cheapside Street?

Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

Have a different question? Ask about this home and get an answer, usually within the hour.