$399,000
For sale: Multiplex

*** Additional Listing Details - Click Brochure Link *** Experience the perfect combination of space, versatility, and income potential in this 6-bedroom, 2-bathroom home, currently arranged as 2 separate units. Whether you are an investor or an extended family, this home offers exceptional flexibility. The main floor unit features 4 spacious bedrooms, including a huge primary bedroom. A refreshed kitchen and bathroom, along with newer flooring and fresh paint throughout, make the main level both stylish and move-in ready. Upstairs, the second-floor unit includes 2 additional bedrooms, a den, second kitchen, and a full bathroom. The current arrangement provides excellent income from dependable roommates ( all on month-to-month roommate agreements) while the owner enjoys comfortable living on the main floor. New fully fenced backyard, offering privacy. Additional features include a new Lennox furnace and central air system (2022), 2 separate hydro and water meters, and multiple entrances. Commercial/residential zoning R8-4, AC4, AC5
Sold data
Multiplex homes in London East (East K) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.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.
Based on 115 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East K) 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.
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