13 SPRINGBANK DRIVE, London South (South E)
$375,000
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 6 bedrooms, 2 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X14014374
- Neighbourhood
- South E
Estate sale. First time offered in over 70 years. Located near the Coves. This front to back duplex features a large 24'x 15' concrete block garage. Located on a 50 'x 175' lot. Spacious 4 bedroom apartment in front with long term paying tenant. Rear apartment is a 2 bedroom unit with a long term paying tenant. January 1st 2027 effective rents are: Front: $1187.13, all inclusive, Rear: $674.51 plus gas Vacant possession can be provided for rear apartment with proper notice. New roof shingles replaced in 2024. 2 separate furnaces. Lots of upside potential for future market rents and to improve this property to todays standards. To be sold as-is.
Sold data
Multiplex homes in London South (South E) — recent sold market
Multiplex homes in London South (South E) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 76, across 115 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.
The median sale price was $599,900.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
- Median days to sell
- 40
- Median sale price
- $599,900
- Sale-to-list ratio
- 96.1%
- Sold above asking
- 14%
Based on 115 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London South (South E)
London South (South E) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London South (South E)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 13 SPRINGBANK DRIVE
$450,000
Multiplex521,500–2,000 sqft307 GREY STREET, East K, London East
$399,000
Multiplex621,500–2,000 sqft173 ADELAIDE STREET N, East K, London East
$624,900
Multiplex622,000–2,500 sqft56-58 FRANK STREET, Tillsonburg, Tillsonburg
$630,000
Multiplex6+132,000–2,500 sqft49 PADDINGTON AVENUE, South E, London South
$889,000
Multiplex843,500–5,000 sqft20 TECUMSEH STREET, St. Thomas, St. Thomas
$414,900
Multiplex632,000–2,500 sqft255 JARVIS STREET, 332 - Central, Fort Erie
$449,000
Detached6297 PARK Avenue, 2044 - Victoria/Arthur, Brantford
$479,900
Detached5+32700–1,100 sqft529 HIGHBURY AVENUE N, East M, London East