196 EMERY STREET E, London South (South F)

$824,900

For sale: Multiplex

Multiplex at 196 EMERY STREET E, London South (South F)
Property type
Triplex
Bedrooms / bathrooms
6 bedrooms, 3 bathrooms
Living area
3,000 sqft
MLS®
MLS® X14149382
Neighbourhood
South F

Wortley Village charm meets a thoughtfully updated investment property in this well-kept, legally licensed duplex currently configured and occupied as three residential units. Updated from top to bottom, with hard-surface flooring throughout, convenience of in-suite laundry in every unit and covered parking in the rear, this property offers features tenants truly appreciate. Fully rented with excellent tenants, it's an established investment in one of London's most sought-after neighbourhoods. The impressive 189-foot-deep lot offers space for additional parking or potential future development, subject to applicable approvals - buyer to verify. A compelling combination of location, condition and long-term potential. Flexible closing available. Financials and a detailed list of updates are available upon request. Please note that the Main and Upper units in the triplex are the same, as such photos weren't taken of all units, that is reflected in the floor plan.

Sold data

Homes in South F — recent sold market

Homes in South F took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 40, across 107 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.

The median sale price was $589,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$589,900
Sale-to-list ratio
97.4%
Sold above asking
17%

Based on 107 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South F)

London South (South F) 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 F)

  • 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 196 EMERY STREET E