Mike Sloan is a licensed Sales Representative with Royal LePage Triland Realty, Brokerage 334 Wellington Road South London, ON N6C 4P6 independently owned and operated brokerage.

Results Driven Real Estate

Having Sold over 200 homes, my formula is focused on you.

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1200 Cheapside Street 27
London, Ontario ON N5Y 5J7
$484,700 Price
Active Status
3 Bedrooms
1 Full Baths
1.5 Total Baths
1 Partial Baths
1,362 SqFt
2.318 Acres
40280583 Listing ID
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!
Schedule Showing Virtual Tour
Status Active
County Middlesex
Year Built 1988
Property Type Residential
Property Sub Type Row/Townhouse

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

© 2022 Ontario Regional Technology & Information Systems, Inc. (ORTIS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of ORTIS. Real estate listings held by IDX Brokerage firms other than Royal Lepage Triland Realty, Brokerage are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Listing information is exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is deemed reliable but not guaranteed. Listing courtesy of ROYAL LEPAGE TRILAND REALTY. Data last updated: Thursday, September 29th, 2022 at 04:50:10 AM

Contact - Listing ID 40280583

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Mike Sloan

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

Data services provided by IDX Broker

Let's Sell Something Together

It probably won’t take you long to realize that I am not in real estate to take people’s money.  I’m in real estate to earn it!  On that note, I will leave you with one of my favorite real estate quotes:

“It is a comfortable feeling to know that you stand on your own ground.”
–  Anthony Trollope, famous 19th Century English Novelist

Who is Mike Sloan?

Mike Sloan is a tenured / full-contract marketing professor in the Lawrence Kinlin School of Business at Fanshawe College and also a licensed Realtor with Royal LePage Triland Realty, Brokerage serving Ontario’s West Coast and beyond.

Why is Mike Sloan right for you?
  • Marketing & economic expertise from Southwestern Ontario’s only Marketing Professor Realtor
  • Professionally written listing / ad copy from a marketing practitioner and self-glorified grammar addict
  • Grand Bend’s Only SMO Champion – Top-Rated User in Twitter, Instagram, and Facebook for “Grand Bend”, “Grand Bend Real Estate”, and “Ontario Real Estate”
  • Magazine quality professional photo shoots tailored to marketing plan
  • Professionally scripted & produced custom voice over indoor virtual and outdoor aerial tours in YouTube HD
  • Direct connection with one Michigan’s highest producing Realtors for harvesting of American buyers
  • Professionally produced income value propositions for any commercial properties providing an accurate rate of capitalization against carrying costs in both PDF and video / voice over format.
  • Individual WordPress Web Presence & Ongoing Paid Web Advertising
    • SEO tailored to your property
    • Ongoing Facebook, Adwords, YouTube SEM Advertising Campaigns (in lieu of useless print advertising)
  • Mulit-board Listing on both LSTAR and TREB when appropriate + TREB print advertising in Chinese News
Do you have Commission Rates?

Starting from:

Full Service Executive Listing (List Price of $1.6 Million & Higher)

Including Every Feature from the List Above

  • 3.5% to 4% with two Realtors depending on market rates of cooperating brokerage in neighborhood
    • Listing Brokerage (Sloan) with Two Realtors: 2% of selling price + HST
    • Cooperating Brokerage (Buyer’s Realtor, if involved): Recommended offering to be at least 1.5% to 2% + HST of selling price
  • 2.5% with one Realtor
    • Listing Brokerage (Sloan) Represents both Sides: 2.5% of selling price + HST
What is it like selling a home in Grand Bend?

Selling a home can be a confusing and complicated process. Selecting a salesperson and deciding on a price will be two key decisions. The cost of selling a home, involving quality marketing and customer service, is also a very important consideration. To get the best price for your house, it should be exposed to as many buyers as is possible. Marketing involves much more than simply submitting your for sale listing to the Multiple Listing Service (MLS). Marketing also involves identifying your target market (the buyer) and the features and accompanying benefits that might attract that buyer to your property.

How I solve your problems!

I will be with you throughout the entire selling process anticipating and solving the variety of issues than can arise with a home sale. Frequently, for example, buyers need to sell their own home in order to purchase yours. It is often difficult to maintain control and also complete the proper paperwork in circumstances such as these. This is just one example of the many commonplace issues with which I am very skilled at handling.

Grand Bend Offices: 2-81 Crescent Street, Grand Bend, ON N0M 1T0

Sales Representative | Royal LePage Triland Realty, Brokerage

Branch Offices: 240 Waterloo St #103 London, ON N6B 2N4

(519) 870-7650