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Property Description
Never a vacancy! Prime rental steps away from the main Western Gates & Kings College, premium location and fully licensed as a 6 bedroom rental by City of London.Turnkey investment property. Hands off with full lease in place for the upcoming year! Always leased to respectful and clean tenants. Cared for by owner since purchase. Properties rarely come up for sale in this location. Currently leased at $59,400/yr until April 30, 2025 with tenants paying the utilities.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-25 | 2024-09-17 | 84 | $875,000 | - | Expired |
2003-10-15 | 2003-12-23 | 70 | $239,900 | $232,500 | Sold |
2003-08-26 | 2003-10-15 | 50 | $249,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
44' x 132'
Fronting
West
Taxes
$4,911 (2023)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 5.91' x 20.31' | |
Living | Main | 23.16' x 10.99' | |
Kitchen | Main | 10.99' x 16.99' | |
Dining | Main | 11.75' x 10.50' | |
Br | Main | 10.89' x 17.81' | |
2nd Br | Lower | 12.73' x 11.75' | |
3rd Br | Lower | 15.98' x 11.48' | |
4th Br | 2nd | 9.74' x 11.15' | |
5th Br | 2nd | 11.75' x 12.73' | |
Br | In Betwn | 11.58' x 10.17' |
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London Market Statistics
London Price Trend
1035 Brough St is a 4-bedroom 3-bathroom home listed for sale at $849,900, which is $98,112 (10.3%) lower than the average sold price of $948,012 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 4 bedroom home in London increased by $114,891 (13.8%) compared to the previous 30 day period (October 3 - November 1) and down $23,188 (2.4%) from the same time one year ago.Inventory Change
There were 152 4-bedroom homes listed in London over the last 30 days (November 2 - December 1), which is down 1.9% compared with the previous 30 day period (October 3 - November 1) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($26,410) (2.8%) below asking price over the last 30 days (November 2 - December 1), which represents a $7,163 decrease compared to the previous 30 day period (October 3 - November 1) and ($30,560) more 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 (November 2 - December 1) stood at 49.3%, up from 46.5% over the previous 30 days (October 3 - November 1) and up from 26.3% 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 42 days when successfully sold over the last 30 days (November 2 - December 1), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
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