433 SOUTH STREET, London East (East K)
$829,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 9 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13695870
- Neighbourhood
- East K
Excellent opportunity for investors seeking a well-positioned, income-producing property in London's sought-after SOHO neighbourhood. This spacious home offers an attractive configuration of three units with a total of 6 bedrooms, 3 kitchens and 3 bathrooms, providing flexibility for rental accommodation and strong tenant appeal. Recent updates to one of the units include a modern kitchen and appliances, refreshed bathroom, flooring and paint, along with convenient in-suite laundry. The property also features a finished basement, 4 private parking spaces and a generous 44.5' x 197' lot with shared outdoor space. Practical features include gas forced-air heating, central air and separate hydro metering. Conveniently located close to downtown, University Hospital, public transit, shopping, parks and other amenities. A compelling opportunity for investors looking for a multi-unit property with excellent rental potential, parking and a highly convenient location. Please allow at least 24 hour's notice for all showing requests.
Sold data
Multiplex homes in London East (East K) — recent sold market
Multiplex homes in London East (East K) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.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 East (East K)
London East (East K) 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 K)
- 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
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$999,999
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