11 Adelaide St

South I, London, N5Z 3J9
FOR SALE
$669,000
11 Adelaide St, London
11 Adelaide St
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 1
ROOMS
X9268081
MLSID
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Property Description
R3-1 ZONING ALERT! Up for grabs is a FULLY renovated detached property with amazing income potential for the budding investor! Architectural plans attached for easy conversion of the property to a triplex - FOURPLEX also allowed. 3 separate entrances, freshly painted, luxury vinyl planks, granite countertops, S/S appliances, energy efficient and egress windows installed, and more! Situated on a ravine lot with many important nearby amenities including mall, Fanshawe college, grocery, hospital, parks, etc.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-15 2024-07-03 110 $599,000 - Terminated
2023-02-08 2023-04-09 60 $499,000 - Expired
2020-12-08 2021-01-01 24 $369,000 $349,900 Sold
2022-02-17 2022-03-15 26 $649,900 - Terminated
2023-01-05 2023-02-08 34 $574,900 - Terminated
2021-07-15 2021-09-12 59 $549,999 - Terminated
Extras
New wooden shed, ravine lot
Property Features
Fenced Yard, Hospital, Place Of Worship, Public Transit, Ravine, School
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
40' x 115'
Acreage
< .50
Fronting
North
Taxes
$1,933 (2024)
Basement
Apartment
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.58' x 15.26'
SunroomMain10.01' x 16.08'
DiningMain12.01' x 10.17'
LivingMain12.99' x 16.08'
Br2nd12.60' x 10.01'
Br2nd11.91' x 8.76'
Br2nd10.40' x 9.68'
BrBsmt11.15' x 14.57'
London Market Statistics
London Price Trend
11 Adelaide St is a 3-bedroom 3-bathroom home listed for sale at $669,000, which is $50,538 (8.2%) higher than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd
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