49 PADDINGTON AVENUE, London South (South E)
$630,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 6 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X14081504
- Neighbourhood
- South E
49 Paddington Avenue, London, Ontario - investment opportunity! This 5-bedroom plus den, 3-bathroom triplex is offered at $699,999 and presents an excellent opportunity for investors looking to expand their rental portfolio. Featuring multiple living spaces, this property offers the potential for rental income from three separate units. Whether you're an experienced investor or looking to enter the multi-residential market, this property is worth a closer look. Explore the possibilities and investment potential that 49 Paddington Avenue has to offer. Photos are digitally enhanced
Sold data
Multiplex homes in London South (South E) — recent sold market
Multiplex homes in London South (South E) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 76, across 115 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.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 14% 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
- 14%
Based on 115 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London South (South E)
London South (South E) 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 E)
- 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 49 PADDINGTON AVENUE
$649,000
Multiplex6+251,500–2,000 sqft20 ADELAIDE STREET S, South I, London South
$850,000
Multiplex773,000–3,500 sqft222 FURNIVAL ROAD, Rodney, West Elgin
$619,999
Multiplex631,500–2,000 sqft26 BALMORAL AVENUE, 773 - Lincoln/Crowland, Welland
$689,000
Multiplex6434 YOUNG Street, Woodstock - South, Woodstock
$669,000
Multiplex8+441,500–2,000 sqft434 SECOND STREET, East H, London East
$889,000
Multiplex843,500–5,000 sqft20 TECUMSEH STREET, St. Thomas, St. Thomas
$829,000
Multiplex9+332,000–2,500 sqft433 SOUTH STREET, East K, London East
$699,900
Multiplex741,500–2,000 sqft183-185 VANCOUVER STREET, East H, London East