Homes for Sale in London, Ontario
770 Cheapside Street
London East, N5Y 3Y9·MLS® X13525906·
Listing courtesy of The Realty Firm INC.·Updated 2 hours ago
Listing price
$699,900
Est. $3,333/mo
Days on market
Listed Jul 6, 2026
Description
ATTENTION ALL PARENTS that are renting space for your College/University Students. Now You Have The Opportunity to Become the Landlord. This very well maintained, 6 bedroom, fully furnished home is now available to purchase. It's close to Fanshawe College, shopping, buses and schools. Each bedroom is equipped with a Bed, Mattress, Dresser/Wardrobe and a Desk so your tenants can move right in. Five of the rooms will be rented for September leaving only 1 more room to rent. The Primary Bedroom with a 3pc ensuite and walk in closet, 2 more bedrooms and a 4pc bathroom complete the upper level. The main floor has a lovely open concept layout with a spacious living room, dining area, kitchen, 4th bedroom and a 2pc powder room. The basement has 2 more bedrooms, a laundry room, 3pc bathroom and a utility room. A 6 car driveway and oversized 2 car, HEATED garage welcome you when you first arrive and there's a beautiful, large deck in the back overlooking the fully fenced yard with a garden shed for more storage. This property must be seen to appreciate all of the updates it has to offer. DON'T GO ANOTHER YEAR PAYING; GET PAID INSTEAD!!!
Property details
Garage
2 car Detached
Basement
Separate Entrance, Full
Parking
8 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
77% confidence · 24 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly payment estimate
Land transfer tax
Ontario LTT
$10,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$645,000
576 St James Street, London East
Sold$439,900
596 Rosedale Street, London East
See all 10 comparables
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Market conditions · East C
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
$2,800
Rental yield
4.8%
Est. cash flow
-$1,688
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$168,287
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$747,863
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