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B1 - 650 Cheapside Street

B1 - 650 Cheapside Street

London East, ON

  • 2 bed
  • 1 bath
  • approx. 900-999 sqft
  • Condo Apartment
  • 125 days on market
$299,900

Rare opportunity to own a main-floor condo apartment with its own private entrance one of only two units in the entire building with this feature, eliminating the need to go through the lobby. This bright and inviting unit offers 2 bedrooms, 1 bathroom, and a spacious living room complete with a cozy fireplace. Enjoy abundant natural sunlight throughout, plus the convenience of 2 parking spots. Perfect for investors this unit has excellent cash flow potential even in todays market, and its prime location between Western University and Fanshawe College makes it highly desirable and easy to rent. Close to shopping, restaurants, and all amenities. BRAND NEW AC, WASHER & DRYER, DISHWASHER

Listing Details

Taxes (2025)
$1,542
Listed
April 29, 2026

Price History

Listing history

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Property

Style
Apartment
Construction
Brick
Interior
Other

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Cheapside and Adelaide
Parcel Number
089500001
Possession
Flexible
Occupancy
Owner

Condo

Maintenance Fee
$436/month
Fee Includes
Water Included, Common Elements Included, Building Insurance Included, Parking Included, Heat Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None

Schools

Elementary

  • St Michael Separate School0.7 km

    Catholic · London District Catholic School Board · 425 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Knollwood Park Public School0.7 km

    Public · Thames Valley DSB · 340 students

    Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • École élémentaire catholique Monseigneur-Bruyère0.9 km

    French Catholic · Conseil scolaire catholique Providence · 220 students

Secondary

  • École secondaire catholique Monseigneur-Bruyère1 km

    French Catholic · Conseil scolaire catholique Providence · 245 students

    Grade 10 literacy: 93% met the provincial standard

  • London Central Secondary School2.2 km

    Public · Thames Valley DSB · 955 students

    Grade 10 literacy: 91% met the provincial standard

  • H B Beal Secondary School2.3 km

    Public · Thames Valley DSB · 1525 students

    Grade 10 literacy: 79% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5Y

Population
35,934
Private dwellings
16,194
Median age
35.6
Average household size
2.3
Median household income
$63,600

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in London East · last 12 months

Median sold price
$460,000
Homes sold
1,318
Median days on market
25
Sale-to-list price
97.0%

Based on 1,318 recorded sales of residential condo & other properties in London East over the last 12 months.

Listed by

NU-VISTA PINNACLE REALTY BROKERAGE INC

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$59,980

Estimated Monthly Payment

$1,473

Land transfer tax

Estimated land transfer tax$2,974

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,473/mo (20% down, 5.5%)

Taxes: $129/mo · Insurance: $75/mo

Maint: $436/mo

Estimates only. Consult a financial advisor.

R

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