$949,900
For sale: Detached

AN EXCEPTIONAL OPPORTUNITY TO OWN A BEAUTIFULLY RESTORED LUXURY VICTORIAN HOME IN THE HEART OF DOWNTOWN, WITHIN STEPS OF THE THAMES VALLEY PARKWAY, HARRIS PARK, THE THAMES RIVER AND VIBRANT RICHMOND ROW! WITH PROVEN INCOME OF 56,400 YEARLY AND POTENTIAL OF AN ADDITIONAL 11,000. FROM LOWER, THIS TURNKEY INVESTMENT INCLUDES TWO APARTMENTS, ONE TWO BDRM, AND ONE 3 BDRM, WITH A POTENTIAL BACHELOR IN THE LOWER LEVEL. A UNIQUE BLEND OF HISTORIC CHARM AND MODERN UPGRADES WHERE IT COUNTS MOST. MAIN FLOOR 2 BDRM UNIT INCLUDES A GENEROUS FAMILY ROOM WITH TONS OF GLASS FOR NATURAL LIGHT AND ACCESS TO THE PRIVATE REAR YARD. AN UPDATED EAT IN KITCHEN WITH GRANITE COUNTERS, GENEROUS ISLAND, MODERN LIGHT WOOD CABINETRY. 3 BDRM UNIT (2ND AND 3RD FLOORS) INCLUDES A LARGE LIVING, DINING COMBINATION WITH 3 WALLS OF GLASS, WHITE GALLEY KITCHEN WITH WHITE CABINETRY AND STAINLESS APPLIANCES, ACCESS TO A PRIVATE 2ND FLOOR DECK, 2 BEDROOMS AND BATH. THIRD LEVEL OFFERS A MASTER RETREAT INCLUDING AN ENSUITE, WALKIN CLOSET AND LAUNDRY CLOSET. THE LOWER LEVEL HAS EXTERIOR ACCESS TO AN OPEN CONCEPT BACHELOR AREA, KITCHEN AND BATH, AND LAUNDRY FACILITIES. WHETHER YOU ARE SEEKING A LUXURY LIVE IN SITUATION WHILE ENJOYING THE BENEFIT OF RENTAL INCOME, OR A FULLY TENANTED INVESTMENT OPPORTUNITY, THIS PROPERTY DELIVERS A PROVEN TRACK RECORD WITH CONSISTENT RETURNS. OPPORTUNITY KNOCKS ON THIS UNQUE INVESTMENT IN A TERRIFIC LOCATION!
Sold data
Detached homes in London East (East F) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East F) 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

$879,999
Detached860 KETTLERIDGE STREET, North M, London North

$924,900
Detached6540 UPPER CANADA CROSS, South V, London South

$899,900
Detached18 JENNIFER GARDENS, North B, London North

$869,900
Detached1742 APPLEROCK AVENUE, North S, London North

$949,900
Detached10 BIRCHALL LANE, St. Thomas, St. Thomas

$889,000
Detached1789 PHILLBROOK COURT, North B, London North

$1,069,900
Detached1519 SHORE ROAD, South A, London South

$1,029,000
Detached1762 DEWAR PLACE, North S, London North