$799,900
For sale: Multiplex

This isn't a home with an in-law suite. This is two complete, thoughtfully designed homes under one roof - and the difference is everything. Built just four years ago, this raised bungalow was purpose-built from the ground up with intentional dual living in mind. The main floor offers an easy, open-concept flow with three bedrooms, two full bathrooms, and a primary suite complete with a walk-in closet and private ensuite. Every finish feels fresh, every room feels right-sized.Then there's the lower level - and this is where this property separates itself from anything else on the market. A true generational suite that mirrors the main floor in almost every way: three bedrooms, two full bathrooms, its own primary suite with a walk-in closet and ensuite, a full kitchen, and an open living space designed to actually live in - not just exist in. Because this is a raised bungalow, the lower level feels almost fully above ground, meaning large windows, natural light throughout, and a space that never feels like a basement. The backyard features a very large deck with both a covered and uncovered portion. The side yard offers tons of potential to increase your backyard space! Two car garage with extra loft storage space above shows intentional use of every inch of this home, not to mention an additional 6 driveway parking spaces. Whether you're housing two generations under one roof, offsetting your mortgage with rental income, or simply investing in a property that works harder than any single-family home can - this is the move. A home like this doesn't stay on the market.
Sold data
Multiplex homes in London South (South U) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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 South (South U) 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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