$624,900
For sale: Multiplex

Attention investors! Excellent, turn-key, cash-flowing, licensed rental property with 2 self-contained units. The upper unit consists of the Main Floor and 2nd Floor. It includes 4 spacious bedrooms, 2 bathrooms (one 4-piece & one 3-piece), a large living room, and functional kitchen. The basement unit includes 1 bedroom, one 4-piece bathroom, a cozy living room, and large eat-in kitchen. Both units have been updated, are carpet-free, have lots of natural light, and their own private laundry. Outside, there's parking for 3 cars. Ideal location, close to parks, shopping, transit, entertainment, and Western University. Currently rented for $4,412/month.
Sold data
Homes in North N took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 57, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $524,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% 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 North (North N) 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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