19 EVERGREEN AVENUE, London South (South E)

$800,000

For sale: Multiplex

Multiplex at 19 EVERGREEN AVENUE, London South (South E)
Property type
Investment
MLS®
MLS® X14120740
Neighbourhood
South E

An income-producing investment with convenient access to Western University and an opportunity to expand rental income. A permitted rear garage conversion offers the opportunity to complete a one-bedroom-plus-den garden suite, creating a fourth rental unit and an additional income stream. Access to Western University, downtown London and public transit adds appeal for students, university staff and other tenants seeking a central location. Shopping and parks are also accessible. Available individually or alongside neighbouring 17 and 21 Evergreen Avenue for a larger portfolio with future assembly potential.

Sold data

Homes in South E — recent sold market

Homes in South E took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 66 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $449,900.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$449,900
Sale-to-list ratio
96.7%
Sold above asking
11%

Based on 66 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

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 19 EVERGREEN AVENUE