100 Mcclary Ave

South F, London, N6C 1P8
FOR SALE
$875,000
100 Mcclary Ave, London
100 Mcclary Ave
100 Mcclary Ave
100 Mcclary Ave
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4 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
10 + 3
ROOMS
X8236116
MLSID
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Property Description
A great opportunity for end users and investors to buy this self paying property. A 2.5 storey detached house with a separate basement featuring three individual units, located close to one of London's most sought-after neighbourhoods, the beautiful Wortley Village. This corner lot property has a great curb appeal and potential for future income. Easy access to downtown and steps away from an arena, public and secondary schools. The property boasts four bedrooms plus two additional ones in the basement, three bathrooms, three kitchens, a huge loft with a cathedral ceiling, and parking for four cars apart from a detached garage. The finished basement has a separate entry, adding to the property's appeal. The upper floor features three bedrooms, a bathroom with a bathtub, and a kitchen plus a loft. It has new waterproof flooring and a new 2-in-1 GE washer dryer installed in 2023. The main floor consists of one bedroom, a living room, a bathroom, washer dryer and a kitchen with new waterproof flooring. The basement has been newly renovated with no compromise on expenses, featuring two bedrooms, a kitchen, washer dryer and a bathroom.The property has seen many updates over the years, including new windows in 2018, a new furnace and A/C in 2017, a new eavestroughs in 2021 and an upgraded sewage connection and water supply line. Live on the main floor and let the other two units pay your mortgage, or lease all three units for a positive cash flow. With the possibility of vacant possession and the potential to build instant sweat equity, this property is a golden opportunity waiting to be seized. Don't miss out on the chance to own a piece of London's historic Old South, where character meets convenience!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2003-07-02 2003-09-30 91 $179,900 - Expired
2004-01-15 2004-04-13 91 $149,900 $145,000 Sold
Property Features
Hospital, Public Transit, School
Property Details
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
37' x 111'
Acreage
< .50
Fronting
South
Taxes
$3,888 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
BrMain10.66' x 12.63'
Br2nd9.71' x 11.22'
2nd Br2nd9.94' x 11.22'
3rd Br2nd8.73' x 10.47'
BrBsmt12.01' x 12.01'
2nd BrBsmt14.86' x 7.61'
KitchenMain11.68' x 9.06'
LivingMain15.39' x 12.60'
BathroomMain7.35' x 6.53'
Kitchen2nd10.99' x 10.50'
Loft3rd23.79' x 19.46'
KitchenBsmt12.37' x 8.60'
London Market Statistics
London Price Trend
100 Mcclary Ave is a 4-bedroom 3-bathroom home listed for sale at $875,000, which is $7,351 (0.8%) lower than the average sold price of $882,351 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in London declined by $13,354 (1.5%) compared to the previous 30 day period (February 29 - March 29) and up $23,360 (2.7%) from the same time one year ago.
Inventory Change
There were 88 4-bedroom homes listed in London over the last 30 days (March 30 - April 28), which is up 104.7% compared with the previous 30 day period (February 29 - March 29) and up 319.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($23,349) (2.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $629 increase compared to the previous 30 day period (February 29 - March 29) and ($833) 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 4-bedroom homes in London over the last 30 days (March 30 - April 28) stood at 268.2%, down from 276.7% over the previous 30 days (February 29 - March 29) and up from 57.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 28 days when successfully sold over the last 30 days (March 30 - April 28), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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