Skip to main content
569 Cheapside Street

569 Cheapside Street

London East, ON

  • 7 bed
  • 5 bath
  • approx. 2000-2500 sqft
  • Detached
  • 46 days on market
$949,900Price reduced 14%

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.

Listing Details

Taxes (2025)
$5,951
Originally Listed
$1,099,900
Listed
August 5, 2026

Price History

Property

Style
2-Storey
Age
100+
Construction
Brick, Vinyl Siding
Roof
Shingles
Foundation
Concrete Block
Interior
In-Law Suite, On Demand Water Heater
Lot Size
34.66 x 100.6 Feet

Parking

Garage
Detached
Covered Spaces
1
Total Parking
8

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Adelaide St N & Cheapside St
Zoning
R1-4
Parcel Number
082310078
Possession
Flexible
Occupancy
Owner+Tenant

Included

Inclusions
Main floor Dishwasher, stove, range hood, fridge. Second floor washer and dryer. Basement fridge, stove, washer, and dryer.
Rental Items
Hot Water Heater

Schools

Elementary

  • St Michael Separate School0.3 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

  • Old North Public School0.8 km

    Public · Thames Valley DSB · 465 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 86% met the provincial standard

  • St Georges Public School1 km

    Public · Thames Valley DSB · 275 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 81% met the provincial standard

Secondary

  • École secondaire catholique Monseigneur-Bruyère1.3 km

    French Catholic · Conseil scolaire catholique Providence · 245 students

    Grade 10 literacy: 93% met the provincial standard

  • London Central Secondary School1.9 km

    Public · Thames Valley DSB · 955 students

    Grade 10 literacy: 91% met the provincial standard

  • Catholic Central High School2 km

    Catholic · London District Catholic School Board · 1310 students

    Grade 10 literacy: 89% 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 Freehold in London East · last 12 months

Median sold price
$460,000
Homes sold
1,324
Median days on market
25
Sale-to-list price
97.0%

Based on 1,324 recorded sales of residential freehold properties in London East over the last 12 months.

Listed by

CENTURY 21 FIRST CANADIAN CORP

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$189,980

Estimated Monthly Payment

$4,667

Land transfer tax

Estimated land transfer tax$15,473

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: $4,667/mo (20% down, 5.5%)

Taxes: $496/mo · Insurance: $237/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences