For Sale

660 Cheapside Street, London East, Ontario N5Y 3Y2

$0

660 Cheapside Street, London East, Ontario N5Y 3Y2 is For Sale and has a listing price of 9,495,000. The property is located in the London East . It's been on the website for 73 Days.

  • Multiplex
    Property Type
  • 47
    Bedrooms
  • 30
    Bathrooms
  • MLS ID: X12285030
  • Office Name SUTTON GROUP - SELECT REALTY
Property Description

An exceptional multi/residential property located in the north end of London, Ontario. This offers investors a chance to compliment an existing_ portfolio or achieve geographic diversification with this turn-key asset. This site has been professionally upgraded with 30 suites in this four storey apartment building with an elevator. 660 Cheapside St. presents a unique value-added opportunity with renovated high end finishes, all with large balconies. A party room/lounge, a gym and both front door and underground parking. Luxury finishes include fireplaces, ceramic tile, laminate floors, all new lighting and carpeted bedrooms. All the units have stainless steel appliances (stove, fridge, dishwasher, washer and dryer). Building is comprised of 15 – 1 bedroom apartments, 7 – 2 bedroom, 6 – 2 bedroom loft apartments and 2 – 3 bedroom apartments. Controlled entry both front door entrance and underground parking. Excellent location in a mature residential area within walking distance to shopping and all your essential needs. Close to playground, schools, churches, and tennis courts. Pride of ownership throughout this investment. Gross income over $659,000.00. Cap Rate Over 5%.

Property Details
  • Bedrooms: 47
  • MLS ID: X12285030
  • Bathrooms: 30
  • Price: $9,495,000
  • Lot Depth: 180.41
  • Transaction Types: For Sale
  • Ref ID: X12285030
  • Year Built: N/A
  • Approx Sqft: 3500-5000
  • Dir / Cross St: Adelaide St
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/15/2025 X12285030 $9,495,000 For Sale - -
07/03/2025 X12258580 $9,998,000 Cancelled 07/14/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $705,614 Average List Price
    based on 1 year
  • 413 New Listings
    based on 30 days
  • 66 Median Days on Market
    based on 1 year
  • List vs. Selling Price 183.48 % Up
  • Sold (12mo) 395
  • Rented (12mo) 116

  • 1 Month Change -15.0%
  • 3 Month Change -39.6%
  • 6 Month Change -69.3%
Walkscore
Additional Details
  • Heat Type Water
  • Heat Source Gas
  • Style Other
  • Washroom Type1: 30
  • Heating System Y
  • Garage Type Other
  • Parking Spaces: 35
  • Exterior Brick
  • Kitchen Y
  • Fireplace Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $71,414
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 15/07/2025 13:30:40
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