$429,900
For sale: Detached

Looking for a smart investment with plenty of flexibility? This charming bungalow is ideal as a mortgage helper, multi-generational living, income property, or even a flip. The bright main floor features a welcoming living room with a designated dining area, a spacious eat-in kitchen, 3 bedrooms, 1 full bathroom, and original hardwood flooring throughout. The fully finished lower level adds even more versatility with a 1-bedroom unit offering a full kitchen, 2 additional living spaces, and its own separate entrance through the garage breezeway. The double-wide driveway offers plenty of parking for both units without interfering with one another, while the 1-car garage and 150-ft deep lot provide plenty of additional space and potential. Well cared for with good bones, this home offers a great foundation for a buyer looking to renovate and add value, making it an excellent flip or long-term investment. Live in one unit and rent the other to offset your mortgage, or take advantage of the property's potential as a 2-unit rental. Just steps from Princess Elizabeth Public School, Victoria Hospital and plenty of amenities nearby, it is the ideal location for many!
Sold data
Homes in South I took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 34, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 29 days.
The median sale price was $399,900.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South I) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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