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For sale
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$884,900

Est. $4,146/mo mortgage

7bd·3ba·2,000-2,500sqft

664 Cheapside Street · London East, N5Y 3Y2

MLS® X13642572

49 days on market49 days on market

Listed Aug 5, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated Aug 5

Description

Excellent investment opportunity at 664 Cheapside Street! This fully rented licensed triplex offers immediate rental income with three self-contained units, including a spacious 3-bedroom main-floor unit, a well-appointed 2-bedroom second-floor unit, and a 2-bedroom basement unit, each with its own separate entrance. A turnkey addition to any investment portfolio, this property provides long-term potential. Ideally located close to schools, shopping, public transit, parks, and major transportation routes, making it an attractive option for tenants. Don't miss this exceptional income-generating property-schedule your private showing today!

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Property details

Interior

Interior
2000-2500 sqft
Rooms
19 rooms · 3 kitchens
Bathrooms
1 × 4-piece on Basement, 1 × 4-piece on Main, 1 × 4-piece on Second
Basement
Separate Entrance, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Triplex, 2-Storey
Lot size
62.33 × 166.66 ft
Exterior
Brick, Aluminum Siding
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Driveway
Private Double (6 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$6,103/yr (2025)

Rooms

Main

Bedroom 2
3.66 × 2.75 m
Bathroom
1.52 × 2.43 m
Bedroom
4.27 × 3.36 m
Bedroom 3
2.74 × 2.74 m
Living Room
4.57 × 3.96 m
Dining Room
3.66 × 3.05 m

Second

Dining Room
2.74 × 2.74 m
Bedroom
3.84 × 2.93 m
Living Room
4.88 × 3.96 m
Bedroom 2
3.84 × 2.93 m
Bathroom
1.52 × 2.43 m

Basement

Bathroom
1.52 × 2.43 m

Location & neighbourhood

Directions
Woodfield

London East, ON

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

Monthly paymentest. $5,113/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,146
Property tax$533
Insurance (est.)$184
Utilities (est.)$250
Total monthly$5,113
Land transfer tax$14,173 on closing

Ontario LTT

$14,173

First-time rebate

$4,000

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

Price & listing history

$884,900

Listed Aug 5, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

720 Queens Avenue, London EastSold

720 Queens Avenue, London East

6 bd·4 ba·2,000-2,500 sqft
466 Adelaide Street, London EastSold

466 Adelaide Street, London East

6 bd·3 ba·1,500-2,000 sqft

See what these 4 homes sold for

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Market conditionsBuyer's market in Argyle

Homes here are selling below asking. Based on 4 sales in the last 90 days, at an average of 91.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$458,000

Sale-to-list ratio

91.3%

Based on 4 recent comparable sales near this home.

Affordabilityneeds $214,000 household income

Minimum household income required

$214,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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