757 NADINE AVENUE, London South (South R)

$1,279,900

For sale: Multiplex

Multiplex at 757 NADINE AVENUE, London South (South R)
Property type
Multiplex
Bedrooms / bathrooms
7 bedrooms, 5 bathrooms
Living area
5,000 sqft
MLS®
MLS® X13872798
Neighbourhood
South R

Opportunity knocks! This TURN KEY Multi Family property is currently a legal duplex with 3 additional units for additional multi-generational buyers or short term rentals. Also, add this property to your long term portfolio with zoning R1-8 permitting an apartment building, no minor variance required or the TSA Zone permitting a wide variety of uses. Just minutes to shopping, restaurants, LHSC and 401. This impeccable property features 7 Bedrooms & 5 bathrooms and rebuilt to the studs from 2014-2022. All new plumbing, wiring, shingles, siding, upgraded vinyl flooring, 2 furnaces, 2 central air conditioners, 2 on demand water heaters (owned), 200 amp panel, insulated interior/exterior walls for extra sound reduction. All 5 custom kitchens. Double attached garage with interior access. Every unit has 2 entrances/exits plus connects to another unit inside. Unit 1 main floor with front porch has living room, den, kitchen with gas stove, dishwasher and refrigerator plus 2 bedrooms, 4 pc bathroom, laundry and covered patio. Unit 2 lower level offers 2 entrances plus egress window, galley kitchen with quartz counters, dishwasher and refrigerator. 1 bedroom, 4 pc bathroom, living room, dining room and laundry. Unit 3 is located upstairs and features 1 bedroom, den, living room, 4 pc bathroom, eat in kitchen with dishwasher, refrigerator, microwave with roast/bake option, laundry and access to large deck. Unit 4 is located upstairs with 2 bedrooms, 4 pc bathroom, open concept living room, dining area, kitchen with gas stove, dishwasher, refrigerator & washer/dryer. At the back is a large deck. Unit 5 is on the main floor and features an open concept living room, dining and kitchen with quartz counters, dishwasher and refrigerator, 1 bedroom, large walk in closet, 3 pc bathroom and laundry, walk-out access to large patio featuring gazebo. Take advantage of this multi-use opportunity.

Sold data

Homes in South R — recent sold market

Homes in South R took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 57 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 42 days.

The median sale price was $409,900.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$409,900
Sale-to-list ratio
97.6%
Sold above asking
14%

Based on 57 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

Schools in London South (South R)

London South (South R) 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 R)

  • 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 757 NADINE AVENUE