660 CHEAPSIDE STREET London East

660 CHEAPSIDE STREET, London East, Ontario

$9,495,000

  • 47 Beds
  • 30 Baths

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%. (id:56241)

  • Listing ID: X12285030
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Features: Flat site
  • Parking Spaces: 48
  • Transaction: For sale
  • Zoning Description: R9-3

Building

  • Amenities: Fireplace(s), Separate Electricity Meters
  • Appliances: Intercom, Water Heater, All, Dishwasher, Dryer, Furniture, Stove, Washer, Refrigerator
  • BasementType: N/A (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 47
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: True
  • Fireplace Total: 30
  • Fire Protection: Controlled entry
  • Foundation: Concrete
  • Bathrooms (Total): 30
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Size Interior: 3500 - 5000 sqft
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Public Transit, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 156 ft ,8 in
  • Size Irregular: 156.7 x 180.4 FT
MLS®

Listing provided by SUTTON GROUP - SELECT REALTY
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 660 CHEAPSIDE STREET in London East Ontario. It was last modified on July 15th, 2025. Contact us to schedule a viewing or to discover other London East real estate for sale.

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