$499,900
Est. payment $2,213/moCalculate yours
586 Cheapside Street, London East, ON N5Y 3X8
East, London, ON N5Y 3X8
- 3 Beds
- 2 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of PRIME REAL ESTATE BROKERAGE MLS® X13814564
About this home
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!
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Partially Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33.25 x 150 Feet
- Parking
- Detached garage · 4 total
Financial
- Property Taxes
- $4,157 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Adelaide and Cheapside
- Direction Faces
- West
Listing
- MLS® Number
- X13814564
- Days on Market
- 26
- Listed On
- 2026-09-22
- Possession
- 60+ days
- Listed By
- PRIME REAL ESTATE BROKERAGE
Rooms
Features
Interior
- Water Meter
- Water Heater
Property
- Park
- Place Of Worship
- Hospital
- Fenced Yard
- School
- Public Transit
Pool
- None
- Included
- Washer/Dryer, Oven Range, Refrigerator
- Excluded
- Tenant Belongings
- Rental items
- Hot water heater, Air/con, furnace
Mortgage calculator
Estimated mortgage payment
$2,213 per month
- Principal and interest
- $2,213
- Property tax
- $346
- Condo fees
- $0
- Estimated monthly cost
- $2,560
Your mortgage
- Mortgage amount
- $399,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $264,115
Cash to close
- Down payment
- $99,980
- Land transfer tax
- $6,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.