98 ELMWOOD AVENUE E, London South (South G)

$999,999

For sale: Multiplex

Multiplex at 98 ELMWOOD AVENUE E, London South (South G)
Property type
Investment
MLS®
MLS® X14147932
Neighbourhood
South G

"Nestled in the heart of coveted Wortley Village, this character-filled 6-plex offers an incredible investment opportunity on an expansive lot spanning nearly half an acre. The well maintained property features three charming one-bedroom units, two bachelor units and one spacious two-bedroom unit, combining rich architectural appeal with exceptional income potential. Complete with a detached one-car garage that provides ideal private storage for an owner or property manager, this prime London, Ontario gem presents endless possibilities for value addition, future development, or long-term growth in one of the city's most vibrant neighborhoods.

Sold data

Homes in South G — recent sold market

Homes in South G took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 41, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 27 days.

The median sale price was $620,000.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

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

Median days to sell
15
Median sale price
$620,000
Sale-to-list ratio
98.3%
Sold above asking
24%

Based on 83 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 G)

London South (South 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 South (South 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 98 ELMWOOD AVENUE E