221 EMERSON AVENUE S, London South (South I)

$739,900

For sale: Multiplex

Multiplex at 221 EMERSON AVENUE S, London South (South I)
Property type
Duplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13707684
Neighbourhood
South I

This property is a fantastic investment opportunity and an excellent potential income source. It features a fully finished basement with a separate entrance, as well as a fully finished garden suite with its own separate entrance and 2 bedrooms. A great opportunity for investors looking to add a strong income generating property!

Sold data

Multiplex homes in London South (South I) — recent sold market

Multiplex homes in London South (South I) 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 124 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.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 13% 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
13%

Based on 124 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South I)

London South (South I) 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 I)

  • John Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 221 EMERSON AVENUE S