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For more information on this property, contact Mike Sloan at 5198707650 or

1200 Cheapside Street 27
London, Ontario ON N5Y 5J7
Price: $484,700
Listing ID 40280583
Status Active
Bedrooms 3
Full Baths 1
Total Baths 1.5
Partial Baths 1
SqFt 1,362
Acres 2.318
Year Built 1988

Property Description:

SUPERB INCOME PROPERTY LEASED @ $2400/MON + UTILITIES | This impeccably well-kept 3 bed / 2 bath townhome (w/ room for another bed & bath in the lower level) is just steps to shopping & restaurants, elementary & high schools, & only 700 mtrs from Fanshawe College's Main Campus! This sparkling clean & vacant unit is as tight as a pin & rented for top dollar - an invenstor's dream! In addition to the ideal & central location as it pertains to schools & amenities, this complex also backs onto Genevive Park. This permanent green space adds peace & serenity to the already quiet & secluded atmosphere. Back to this superb unit, the intelligent layout is ideal for younger families, student groups, or even a multi-generation situation w/ potential for additional finished space in the lower level adjacent to the laundry area w/ included washer & dryer. The bright & spacious main level provides an open-concept living room, a generous & renovated eat-in kitchen & w/ timeless white cabinetry, tile backsplash, & all appliances included + a rear exit to your private & quiet yard & finally, a main level bathroom. The 2nd level features a vast master bedroom, a roomy 4 piece bathroom w/ some tasteful updates, plus 2 more sizable bedrooms. The lower level provides a large & well-finished family room space plus loads of storage in the vast utility room. As mentioned, this additional space in the utility room does have the potential to provide another bedroom & bathroom. Updates in recent time include premium vinyl plank flooring, various fixtures, & fresh paint throughout. Another plus is the extremely affordable utility costs & property taxes plus the relatively low condo fees at this complex, which include all of your exterior maintenance, doors, windows, roof, etc. The ultra efficient gas fueled hot water heating definitely contributes to the friendly utility billing. The quality of this location & home truly stand out in this price range. A 10+ for new investors!

Primary Features

County: Middlesex
Half Baths: 1
Price Before Reduction: 499700
Price Reduction Date: 2022-07-27T15:04:34+00:00
Property Sub Type: Row/Townhouse
Property Type: Residential
Year Built: 1988
Zoning: R5-4 City of London


Above Grade Finished Area: 1111
Above Grade Finished Area Source: Plans
Above Grade Finished Area Units: Square Feet
Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
Basement: Full, Partially Finished
Bathrooms Total Integer: 2
Baths On Level Second Count: 1
Baths Total Rooms: 2
Beds Above Grade: 3
Beds On Level Second Count: 3
Below Grade Finished Area: 251
Below Grade Finished Area Units: Square Feet
Building Area Units: Square Feet
Cooling: no
Cooling Type: None
Fireplace: no
Heating: yes
Heating Type: Baseboard, Forced Air, Natural Gas, Hot Water-Other
Interior Features: High Speed Internet, Separate Heating Controls
Kitchens Above Grade: 1
Kitchens Total: 1
Laundry Features: In Basement, In-Suite, Sink
Laundry Lower Count: 1
Laundry Total: 1
Living Area: 1111
Main Level Bathrooms: 1
Number Of 2 Piece Bathrooms: 1
Number Of 4 Piece Bathrooms: 1
Number Of Rooms Above Grade: 8
Number Of Rooms Below Grade: 3
Room Description: Foyer with coat closet enters over tile flooring., This large and bright living room invites you right into this impeccably well kept townhome., Your quintessential main level powder room, FULLY RENOVATED!, The renovated kitchen comes with appliances and walks out to your backyard., It's nice to see easy townhome living still come with a properly sized master bedroom., Second roomy bedroom., Third roomy bedroom., 4 piece bathroom with updates., This large finished lower level family room is just waiting for your family to enjoy., This large room with window could serve as additional living space, possibly even a 4th bedroom and bathroom., This is part of the utility the room, but wanted to make sure that the laundry area with the included washer and dryer was identified.
Room Dimensions Metric: 1.88 X 1.24, 6.17 X 4.09, 1.42 X 1.17, 5.23 X 2.72, 4.55 X 4.17, 4.14 X 2.49, 3.71 X 2.64, 3.15 X 1.50, 5.08 X 4.44, 5.08 X 4.34, 1.83 X 0.91
Room Features: Laundry
Room Kitchen Level: Main
Room Level: Main, Main, Main, Main, Second, Second, Second, Second, Lower, Lower, Lower
Room Type: Foyer, Living Room, Bathroom, Eat-in Kitchen, Bedroom Primary, Bedroom, Bedroom, Bathroom, Family Room, Utility Room, Laundry
Rooms Total: 11
SqFt Approximate Unfinished Total: 276


Acres Range: 2-4.99
Architectural Style: Two Story
Attached Garage: no
Carport: no
Construction Materials: Brick, Vinyl Siding
Docking: no
Driveway Parking: Front Yard Parking, Private Drive Single Wide
Electric On Property: yes
Exterior Features: Backs on Greenbelt, Landscaped, Lighting, Privacy, Private Entrance, Separate Hydro Meters
Farm Land Area Units: Square Feet
Fencing: Full, Fence - Partial
Foundation Details: Poured Concrete
Frontage Type: North
Garage: no
Lot Features: Urban, Rectangular, Landscaped, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
Lot Size Area: 2.318
Lot Size Source: GeoWarehouse
Lot Size Square Feet: 100972.08
Lot Size Units: Acres
New Construction: no
Open Parking: yes
Open Parking Spaces: 1
Parking Features: Exclusive, Asphalt
Parking Total: 1
Patio And Porch Features: Patio, Porch
Property Attached: yes
Property Attached: Attached
Road Frontage Type: Municipal Road, Year Round Road
Road Surface Type: Paved
Roof: Asphalt Shing
Room Length Width Units: Feet, Feet, Feet, Feet, Feet, Feet, Feet, Feet, Feet, Feet, Feet
Sewer: Sewer (Municipal)
Utilities: Cable Connected, Cell Service, Electricity Connected, Fibre Optics, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Water Source: Municipal
Year Roof Replaced: 2012


Association: yes
Association Amenities: BBQs Permitted, Parking
Building Area Source: Plans
Country: CA
Directions: 1200 Cheapside St, London, ON | Take Cheapside west off Highbury (toward Adelaide) & approximately 350 ft west of Highbury you will see 1200 Cheapside on right side of road. Unit 27 is along the eastern row tucked away from the Cheapside traffic.
Elementary School: Sir John A Mac. (700 Mtrs), Louise Arbour Fi (2.8km), St. Anne Cath (1km)
High School: Montcalm (1.2km), John Paul Ii Cath (1.5km)
MLS Area Major: East
MLS Area Minor: East C
Topography: Flat Site
Waterfront: no


Condo Corporation: yes
Condo Corporation Number: 112
Holdover Days: 30
Mls Status: Active
Offer Instructions: Schedule B w/ all offers please (see Supplements). Status package also in Supplements to review pre-offer.
Pets Allowed: Yes
Property Management Phone: (226) 663-7779
Under Contract: HWT-Gas
Winterized: Fully Winterized
Year Built Details: Town Records
Year Built Source: Other


Assessment Roll Number: 393603057022113
Assessment Year: 2016
Association Fee: 280
Association Fee 2 Frequency: Monthly
Association Fee Frequency: Monthly
Association Fee Includes: Building Maintenance,Common Elements,Doors ,Maintenance Grounds,Parking,Trash,Property Management Fees,Roof,Snow Removal,Windows
Common Elements Fee: no
Common Interest: Condominium
Current Price: 484700
HST Applicable To Sale Price: No
Inclusions: Carbon Monoxide Detector,Dishwasher,Dryer,Range Hood,Refrigerator,Smoke Detector,Stove,Washer
RATIO Current Price By Above Grade: 436.27363
Transaction Type: Sale

Zoning Info

Contact - Listing ID 40280583

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Mike Sloan

9625 Joanne Ave, RR2
Grand Bend, ON N0M 1T0
Phone: 5198707650
Phone Alt: 5198707650

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