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569 Cheapside Street

London East, N5Y 3X7·MLS® X13640552

Listing courtesy of Century 21 First Canadian Corp·Updated 2 hours ago

For sale
1 / 31
4Beds
5Baths
2,000-2,500Sqft
100+Year Built

Listing price

$1,099,900

Est. $5,239/mo

Days on market

1

Listed Aug 5, 2026

Description

Welcome to this extensively renovated home in London's highly sought-after Old North neighbourhood. Thoughtfully updated from top to bottom, this exceptional property offers an outstanding layout with 7 bedrooms, 5 bathrooms, 2 kitchens, 2 laundry rooms, and spacious living areas throughout. Designed for flexibility and functionality, this versatile floor plan is ideal for large families, multi-generational living, or those seeking abundant living space. The complete underpinning with a new footing and foundation, created a full-height basement with approximately 8.3-foot ceilings. The basement has been professionally waterproofed and finished with a new concrete floor, providing space for extended family living. Extensive renovations include new plumbing, electrical wiring, upgraded 200-amp electrical service, HVAC ductwork, furnace, central air conditioning, insulation, drywall, interior doors, flooring, kitchen and bathroom fixtures, and modern lighting throughout. Hardwood flooring extends across the main and second floors, while durable luxury vinyl flooring completes the basement. The main kitchen features painted cabinetry, Samsung appliances, under-cabinet lighting, and a 750CFM stainless steel range hood. The lower-level kitchen with wood cabinetry adds even more flexibility. The primary ensuite offers a freestanding soaking tub and rail-mounted shower system with body jets. Updated bathrooms feature modern tile, custom glass shower enclosures(excluding one basement bathroom), and a rainfall shower in the basement. Additional upgrades include a new concrete driveway, double front entry door, roof shingles, fresh interior paint, sump pump, and basement sewage pump system. Situated on a desirable corner lot, this property offers a detached single-car garage and two driveways. Ideally located between Western University and Fanshawe College, and just steps from St. Joseph's Hospital, parks, grocery stores, public transit, and other everyday amenities.

Property details

Garage

1 car Detached

Basement

Separate Entrance

Parking

8 spaces

Type

Detached — 2-Storey

Heating

Forced Air

Property tax

$5,951/yr (2025)

AI property estimate

$887,103~19.3% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$771,780$1,002,426

70% confidence · 19 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Woodfield

London East, ON

Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.

Monthly payment estimate

Mortgage (5.24%, 25yr)$5,239
Property tax$1,192
Insurance (est.)$229
Utilities (est.)$250
Total monthly$6,909

Land transfer tax

Ontario LTT

$18,473

First-time rebate

$4,000

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

Price & listing history

$1,099,900

Listed Aug 5, 2026

On the market

Sold comparables nearby

754 LORNE Avenue, London EastSold

$455,000

754 LORNE Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
127 Thornton Avenue, London EastSold

$645,000

127 Thornton Avenue, London East

3 bd·2 ba·1,100-1,500 sqft

See all 6 sold comparables

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Market conditions · Argyle

Buyer's marketBalancedSeller's market

Avg. sold price

$681,917

Sale-to-list ratio

98.4%

Based on 6 recent comparable sales near this home.

Affordability

Minimum household income required

$259,091

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

Not sure about financing? Ask Colin

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AI estimate

$887,103

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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