$549,000
For sale: Multiplex

Turnkey investment opportunity in a convenient central London location. This fully rented home offers an excellent addition to an income property portfolio, featuring 4 bedrooms, 2 kitchens and 2 bathrooms across two separate living spaces. The property sits on a generous 44.5' x 197' lot and includes 2 private parking spaces, providing valuable outdoor space and practical convenience for tenants. Additional features include gas forced-air heating, central air, municipal services and separate hydro metering. Ideally situated close to downtown, public transit, parks, schools and a wide range of everyday amenities. With an established rental configuration and a desirable central location, 439 South St. offers investors an opportunity to acquire a well-positioned income property with long-term rental potential. Please allow at least 24 hour's notice for all showing requests.
Sold data
Homes in East K took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 80, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $319,900.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 80 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East K) 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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