77 STERLING STREET, London East (East G)
$975,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 6 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13611982
- Neighbourhood
- East G
Take advantage of the HST Rebate pricing now!!! Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $75,000.00. Situated on a quiet street just 2 minute drive from Fanshawe College, minutes to down town and quick drive to Western University campus. This 3 unit plan features 2286 sq ft on main and upper unit and 831 sq ft in lower unit for a total of 3117 sq ft . It is also surrounded by many amenities such as Canadian Super Store, LCBO, restaurants, and bus routes and rapid transit corridor. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units. Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical./storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and A/C. Plenty of parking with potential development at the rear of property. (Buyer to verify zoning details and permissions)
Sold data
Multiplex homes in London East (East G) — recent sold market
Multiplex homes in London East (East G) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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.
- Median days to sell
- 40
- Median sale price
- $599,900
- Sale-to-list ratio
- 96.2%
- Sold above asking
- 13%
Based on 123 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London East (East G)
London East (East G) 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 East (East G)
- 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 77 STERLING STREET
$884,900
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