
569 Cheapside Street
London East, ON
- 7 bed
- 5 bath
- approx. 2000-2500 sqft
- Detached
- 46 days on market
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
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Location
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Mortgage Calculator
$189,980
Estimated Monthly Payment
$4,667
Land transfer tax
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.
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