- Bedrooms
- 3+1
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $277at the range’s middle
- Tax a year
- $2,1762026 tax year
- Built
- 31-50
- Parking
- 1none
- Days on market
- Members
The brief
About 18-1200 Cheapside St
18-1200 Cheapside St is a 3+1-bedroom, 2-bathroom condo townhouse in East C, London East, listed for sale at an asking price of $305,000 (MLS® X13831732).
Spacious 3+1 bedroom end unit townhouse condo, perfect for a handyman, renovator, or contractor. Conveniently located near Fanshawe, shopping, and amenities, with a park right out back. Enjoy affordable condo fees and available parking.
Insights
Condition Score
Fair54/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong87/100+$520/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 condos with 4 bedrooms for lease in London East right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,176 / 2026
- MLS® number
- X13831732
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 31-50
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- East C
- Municipality
- London East
Building
- Size
- 1000-1199 sqft
- Building Age
- 31-50
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 2pc Main
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $357
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.16 × 4.04 m | — | Main |
| Kitchen | 2.85 × 2.67 m | — | Main |
| Dining | 2.34 × 2.39 m | — | Main |
| Bathroom | 1.12 × 1.3 m | 2 Pc Bath | Main |
| Br | 4.06 × 4.17 m | — | 2nd |
| 2nd Br | 3.96 × 2.54 m | — | 2nd |
| 3rd Br | 2.87 × 2.52 m | — | 2nd |
| Bathroom | 1.45 × 2.72 m | 4 Pc Bath | 2nd |
| Family | 4.57 × 3.96 m | — | Bsmt |
| Br | 2.67 × 2.85 m | — | Bsmt |
| Utility | 4.39 × 1.98 m | — | Bsmt |
Listing history
Buy/sell history for 18-1200 Cheapside St, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $305,000 | N/A | Pc | X13831732 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $61,000
- Total mortgage amount
- $244,000
- Total interest payment
- $173,600
- Total purchase cost
- $478,600
- Mortgage payment
- $1,392/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$1,930- Carrying cost $1,930
- Surplus $520
Rental income opens at $2,450, the median asking rent of 5 comparable homes for lease in London East. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $3,050
- Total land transfer tax
- $3,050
- First-time buyer rebates (Ontario up to $4,000)
- −$3,050
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $305,000
- $825
- Ontario total
- $3,050
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in East C right now
- For sale now
- 9
- Median asking price
- $349K
- New in 7 days
- 2
- Price cuts
- 22%
Middle half: $320K to $429K
4 in 28 days
2 listings
This home is asking 13% below the median, lower than three quarters of them.
See all homes in East CAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Sir John A Macdonald Public SchoolThames Valley DSB | Public · grades JK–8 | 450 m | 53%Grade 6 average |
| St Anne's Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 800 m | 63%Grade 6 average |
| Lord Elgin Public SchoolThames Valley DSB | Public · grades JK–8 | 850 m | 39%Grade 6 average |
| École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique Providence | French-language Catholic · grades JK–8 | 1.6 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 600 m | 44%Grade 9 math |
| Montcalm Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.2 km | 33%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 1.6 km | 57%Grade 9 math |
| A B Lucas Secondary SchoolThames Valley DSB | Public · grades 9–12 | 3.4 km | 75%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in East C are shown to signed-in members.