352 AVONDALE ROAD, London East (East H)

$619,900

For sale: Multiplex

Multiplex at 352 AVONDALE ROAD, London East (East H)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14159148
Neighbourhood
East H

INCOME PROPERTY ALERT! 352 Avondale Road is a fully occupied, legal Duplex on a quiet, family-oriented street. This well maintained property offers 2 bedroom units located on upper and lower levels. The lower unit, entering through the front door, offers a spacious and tastefully decorated living room, two bedrooms, cozy galley kitchen, as well as a 4 pc bath. This unit boasts a second lower level. In the basement, enjoy a separate entry leading to the backyard as well as dedicated laundry, an additional room that could be utilized as a bedroom or office, utility room with space for storage, as well as a comfy rec-room. Upstairs, find another 2 bedroom unit with an open concept kitchen, living and dining area. It also has a 4pc bath, its own dedicated laundry, as well as a rear separate upper entry that offers a fantastic and private deck area to enjoy. BUT WAIT - THER'S MORE!!! This property also includes a large fenced yard, Shed, plenty of parking and a large detached garage with concrete floor, hydro and an upper loft, offering storage and additional development or incoming generating possibility. The current tenants have lived there for a long time, care for the property as if it were their own and would love to stay. Pride of ownership is also apparent with this property with updates including: Complete top to bottom renovation of the upper unit (2017) lower kitchen counters (17), furnace/AC (17), lower trim and carpet (24), finished basement (24), patio doors(15), toilets (14), sewer drain and driveway (10) New Windows, Insulation, Doors, Energy Audit and Electrical inspection completed (09) Roof (08). This property is a registered rental with the City of London! Tenants for their own Hydro and Heat. 24 hours notice for all showings.Walking distance to Argyle Mall, schools, buses and easy access to the 401!

Sold data

Homes in East H — recent sold market

Homes in East H took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 121 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 57 days.

The median sale price was $424,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 20% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$424,900
Sale-to-list ratio
97.1%
Sold above asking
20%

Based on 121 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East H)

London East (East H) 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 East (East H)

  • 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 352 AVONDALE ROAD