1 RECTORY St

East L, London, N5Z 1Z6
FOR SALE
$469,900
1 RECTORY St, London
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3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
11
ROOMS
X10419755
MLSID
Contact Us
Property Description
LEGAL DUPLEX: 5 bedrooms, 2 kitchens, 2 4pc baths and 4 parking spaces. Units have separate meters, entrances and laundry. Both units have lots of storage space. Bright upper 3-bedroom unit is well-maintained and will be vacant upon sale - ready for you or a tenant to move into. Rooms are all a great size and layout makes the most of the space. Enjoy your morning coffee on the cozy front porch, or for more privacy, the fenced-in side-yard that has a small patio and traditional vegetable garden. Lower 2-bedroom unit is rented month-to-month for $1,100+ utilities to a reliable tenant with a flawless rent payment history. Home is conveniently located across the street from Lester B. Pearson school and has easy access to parks and paths. It's steps away from public transit, a hardware store, pharmacy, Tim Hortons, bakeries, the Beer Store and more. This home's easy highway access adds to the convenience of its central location. 1 Rectory is a house you'll want to see for yourself - Its steady rental income and low price point makes it an attractive home to live or invest in.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2010-08-06 2010-11-04 93 $169,000 - Expired
2010-05-10 2010-07-30 87 $189,000 - Expired
2011-06-20 2011-08-30 74 $164,900 $156,000 Sold
2005-07-11 2005-10-13 96 $139,500 $130,000 Sold
Property Details
Community
City
Property Type
Duplex, Bungalow
Lot Size
31' x 80'
Fronting
East
Taxes
$2,514 (2023)
Basement
Apartment, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.32' x 19.00'
KitchenMain11.48' x 11.48'
DiningMain11.06' x 11.22'
Prim BdrmMain11.32' x 13.06'
BrMain11.38' x 11.98'
BrMain8.50' x 9.65'
LivingLower10.99' x 21.00'
KitchenLower10.07' x 10.07'
BrLower11.32' x 11.06'
BrLower10.07' x 10.99'
London Market Statistics
London Price Trend
1 RECTORY St is a 3-bedroom 2-bathroom home listed for sale at $469,900, which is $165,369 (26.0%) lower than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.
Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in London over the last 30 days (October 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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