Charming England Inspired Home With Great Curb Appeal 2+1 bedroom 2 storey conveniently located near Western University, two hospitals, schools, church and shopping. The main floor features an updated kitchen (2021), substantial dining room and an oversized living room with natural trim and fireside bookcases. A large additional space with adjacent powder room offers flexibility as a den, office or bedroom. A covered rear porch overlooks a flagstone patio and generous landscaped garden with pond. Additional highlights include heat pump (2025) and a high dry basement. Furnace(2019), shingles (2020), bath (2014). Note: there is some knob and tube in this home. This is a special home offering character, versatility, and convenience.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $393 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 361 Cheapside St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
361 Cheapside St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14101544$589,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 361 Cheapside St Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,894
/mo
based on the purchase price of $589,000
$117,800 cash
$471,200 financed
$396,874 total interest
Principal54%$471,200
Interest46%$396,874
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Cheapside Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 361 Cheapside St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 361 Cheapside St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 3–4 bed homes for sale in London around $589K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,529Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 1,800 sales from Jul 23 – Oct 21, 2026 (1,462 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 361 Cheapside St
How much is 361 Cheapside St listed for?
361 Cheapside St is listed at $589,000 (MLS® X14101544). Summitly updates the price as soon as the MLS® record changes.
Is $589,000 a good price for 361 Cheapside St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 361 Cheapside St changed?
No — 361 Cheapside St is still listed at its original asking price of $589,000.
How many bedrooms and bathrooms does 361 Cheapside St have?
361 Cheapside St has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 361 Cheapside St?
About $2,894 a month — principal and interest on $589,000 with 20% down ($117,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 361 Cheapside St compare with other homes in London?
Its asking price of $589,000 is about 5% above the median sold price in London over the last 90 days, $559,950, across 1,800 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 361 Cheapside St been sold before?
Summitly has no earlier MLS® sale or lease of 361 Cheapside St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 361 Cheapside St?
361 Cheapside St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 361 Cheapside St been on the market?
361 Cheapside St was listed today (October 21, 2026).
What is the price per square foot of 361 Cheapside St?
About $295 to $393 per square foot: the asking price of $589,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 361 Cheapside St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 361 Cheapside St have a basement, and is it finished?
The listing describes the basement as: Unfinished.
