586 Cheapside Street
London East, ON
- 3 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
Welcome to 586 Cheapside, a charming 1.5-storey home in the highly sought-after Old North neighbourhood. This versatile property welcomes you with a bright 3-season sunroom/mudroom. The main floor features a convenient bedroom and renovated full bathroom, while upstairs offers two additional bedrooms tucked away for privacy. The finished lower level expands your living space with a spacious rec room and a additional 4-piece bathroom. Hobbyists will love the detached 1-car garage, currently set up as a dedicated workshop with electrical sub panel. Outside, step onto the back patio and take in the impressive 150-foot deep lot. offering massive space for gardening, entertaining, or letting pets run free. Located close to schools, parks, and shopping, this turnkey 3-bedroom, 2-bathroom gem blends quiet residential living with excellent city access. Don't miss your chance at this beautiful Old North Gem!
Listing Details
- Taxes (2025)
- $4,157
- Listed
- September 22, 2026
Price History
Listing history
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Property
- Style
- 1 1/2 Storey
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Water Meter, Water Heater
- Lot Size
- 33.25 x 150 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Adelaide and Cheapside
- Parcel Number
- 082310030
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- Washer/Dryer, Oven Range, Refrigerator
- Exclusions
- Tenant Belongings
- Rental Items
- Hot water heater, Air/con, furnace
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 School0.9 km
Public · Thames Valley DSB · 465 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 86% met the provincial standard
- Knollwood Park Public School0.9 km
Public · Thames Valley DSB · 340 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% 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 School2.1 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
- 1,328
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,328 recorded sales of residential freehold properties in London East over the last 12 months.
Rooms
3-piece on Main, 4-piece on Lower
Second
- Bedroom 311'3" x 7'8"
- Primary Bedroom7'9" x 9'
- Recreation18'7" x 10'1"
Main
- Bedroom 29'10" x 12'6"
- Dining Room11'8" x 9'2"
- Kitchen9'6" x 7'5"
- Living Room11'8" x 10'
- Sunroom9'4" x 8'
Listed by
PRIME REAL ESTATE BROKERAGE
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
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: $2,456/mo (20% down, 5.5%)
Taxes: $346/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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