159 FRONT STREET W, Strathroy-Caradoc (NW)

$549,000

For sale: Multiplex

Multiplex at 159 FRONT STREET W, Strathroy-Caradoc (NW)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 3 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13630310
Neighbourhood
NW

Investment opportunity in the heart of Strathroy! Welcome to 159 Front Street, a well-maintained duplex offering two spacious 2-bedroom units, making it an excellent addition to any investment portfolio or an ideal opportunity for an owner-occupant looking to offset their mortgage with rental income. Each self-contained unit features bright, functional living spaces with plenty of character, while thoughtful updates throughout the property provide modern comfort without sacrificing its timeless appeal. The upper unit enjoys a large covered balcony, and the main level offers a welcoming covered front porch perfect for relaxing. A beautifully updated kitchen, hardwood flooring, generous room sizes, ample parking, mature landscaping, and a charming decorative pond all add to the property's appeal. With separate hydro meters, tenants can enjoy independent utility billing, creating added convenience for both owners and renters. Ideally situated just minutes from downtown Strathroy, schools, parks, shopping, restaurants, and everyday amenities, this is a fantastic opportunity to own a versatile income-producing property in a desirable location. Whether you're expanding your investment portfolio or searching for a home with built-in income potential, 159 Front Street is one you won't want to miss.

Sold data

Homes in Strathroy-Caradoc (NW) — recent sold market

Homes in Strathroy-Caradoc (NW) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 66, across 78 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.

The median sale price was $564,950.

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

About 10% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$564,950
Sale-to-list ratio
97.6%
Sold above asking
10%

Based on 78 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 159 FRONT STREET W