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650 Cheapside Street #303

London East, N5Y 5J8·MLS® X13499792·

Listing courtesy of Maverick Real Estate INC.·Updated 4 hours ago

For sale
1 / 34
2Beds
1Baths
900-999Sqft
Year Built

Listing price

$234,900

Est. $1,119/mo

Days on market

1

Listed Jun 29, 2026

Description

Welcome to effortless condo living! This bright and well-maintained third-floor, 2-bedroom apartment-style condominium offers approximately 900 sq. ft. of comfortable, affordable living in an unbeatable location. The spacious living room flows into a dedicated dining area, while the versatile nook provides the perfect space for a home office or study. The updated galley kitchen comes complete with a fridge, stove, microwave, and a brand-new dishwasher (June 2026). Both bedrooms are generously sized with large windows and ample closet space, while the updated bathroom features a modern vanity and a walk-in shower. You'll also appreciate the convenience of in-suite stackable laundry, a large utility/storage closet, and plenty of visitor and resident parking. Condo fees include water, there is no gas bill, property taxes are approximately $1,600 annually, and hydro has averaged just $73 per month (utility bills available), making this an incredibly cost-effective place to call home. Ideally located within walking distance to Metro, shopping, restaurants, transit, and countless everyday amenities, this is an outstanding opportunity for first-time buyers, downsizers, or investors alike

Property details

Basement

None

Parking

2 spaces

Type

Condo Apartment — Apartment

Heating

Baseboard

AI property estimate

$230,437At Market
$216,343$244,531

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Huron Heights

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,119
Property tax$254
Insurance (est.)$49
Utilities (est.)$250
Total monthly$1,672

Land transfer tax

Ontario LTT

$2,074

First-time rebate

$2,074

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 29, 2026Listed
$234,900

Sold comparables nearby

707 - 695 RICHMOND Street, London EastSold

$335,000

707 - 695 RICHMOND Street, London East

2 bd·2 ba·1,200-1,399 sqft
603 - 570 William Street, London EastSold

$265,000

603 - 570 William Street, London East

2 bd·1 ba·700-799 sqft

See all 10 comparables

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Market conditions · East C

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$940

Rental yield

4.8%

Est. cash flow

-$732

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$62,709

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$230,437

At Market

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