$884,900
For sale: Multiplex

Excellent investment opportunity at 664 Cheapside Street! This fully rented licensed triplex offers immediate rental income with three self-contained units, including a spacious 3-bedroom main-floor unit, a well-appointed 2-bedroom second-floor unit, and a 2-bedroom basement unit, each with its own separate entrance. A turnkey addition to any investment portfolio, this property provides long-term potential. Ideally located close to schools, shopping, public transit, parks, and major transportation routes, making it an attractive option for tenants. Don't miss this exceptional income-generating property-schedule your private showing today!
Sold data
Multiplex homes in London East (East C) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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 East (East C) 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.
Currently for sale

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Detached438 MAGNOLIA CRESCENT, East O, London East