Completely renovated! amazing wall to wall window with picture like view just waiting for you. Great starter unit for a family or investor, 8 Minutes to Fanshawe College, Laundry in unit!. Strategically located in the heart of East London, walking distance to bus stop, restaurants, groceries and more. 2 Bedrooms, Bath. Convenient elevator, indoor mailbox andmore ! Do not miss this one. Condo fee includes water.
2 bedrooms, 1 bathroom, about 800 sq ft, works out to roughly $425 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 650 Cheapside St #501
Every detail from the listing, in one place.
Type
Condo
Style
Multi-Level
Living space
800-899 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Multi-Level
Property class
Condo Apartment
650 Cheapside St #501 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13792164$339,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 650 Cheapside St #501 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
$1,670
/mo
based on the purchase price of $339,900
$67,980 cash
$271,920 financed
$229,028 total interest
Principal54%$271,920
Interest46%$229,028
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
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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 2–3 bed homes for sale in London around $340K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,365Homes for sale here right now.
Median vs prior 90 days−0.8%Compared with May 8 – Aug 6, 2026: prices down.
Based on 1,702 sales from Aug 6 – Nov 4, 2026 (1,523 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 650 Cheapside St — plus its sale and lease history.
650 Cheapside St #501 is listed at $339,900 (MLS® X13792164). Summitly updates the price as soon as the MLS® record changes.
Is $339,900 a good price for 650 Cheapside St #501?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 650 Cheapside St #501 changed?
No — 650 Cheapside St #501 is still listed at its original asking price of $339,900.
How many bedrooms and bathrooms does 650 Cheapside St #501 have?
650 Cheapside St #501 has 2 bedrooms and 1 bathroom, with about 800–899 square feet of living space. It is a condo in London.
How much would the monthly mortgage be on 650 Cheapside St #501?
About $1,670 a month — principal and interest on $339,900 with 20% down ($67,980), 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 650 Cheapside St #501 compare with other homes in London?
Its asking price of $339,900 is about 39% below the median sold price in London over the last 90 days, $560,750, across 1,702 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 650 Cheapside St #501 been sold before?
Summitly has no earlier MLS® sale or lease of 650 Cheapside St #501 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 650 Cheapside St #501?
650 Cheapside St #501 is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 650 Cheapside St #501 been on the market?
49 days — 650 Cheapside St #501 was listed on September 16, 2026.
What is the price per square foot of 650 Cheapside St #501?
About $378 to $425 per square foot: the asking price of $339,900 over the 800–899 sq ft the listing gives as its size range.
Does 650 Cheapside St #501 have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 650 Cheapside St #501 have a basement, and is it finished?
The listing says 650 Cheapside St #501 has no basement.
