$1,699,999
For sale: Multiplex

Welcome to this rare 4 combined townhouses, 5 unit, multi-family propertysituated on nearly half an acre, just minutes from Western University. Thiswell-maintained building features 4 attached townhomes plus an additionalunit, offering excellent rental income potential and strong tenant demand inone of the city's most sought-after areas. The property consists of: Threespacious 3-bedroom, 2-bathroom units; One large 5-bedroom, 2-bathroom unit;One 1-bedroom, 1-bathroom unit. Each residence boasts generously sizedlayouts, ideal for students, professionals, and families alike. Ampleparking on-site ensures convenience for tenants, while the nearly half-acrelot offers future development or expansion potential (buyer to verify). Withits proximity to Western University, transit, shopping, and amenities, thisproperty is a turnkey investment opportunity in one of London's strongestrental markets. This property is offered power-of-sale.
Sold data
Multiplex homes in London North (North F) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 123 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.
The median sale price was $599,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 123 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
London North (North F) 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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