113 Mark St

East D, London, N5V 2G8
FOR SALE
$649,000
113 Mark St, London
113 Mark St
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3 + 4
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 6
ROOMS
X9304999
MLSID
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Property Description
Fantastic Investment Opportunity or Ideal Live-and-Rent Property!This renovated 3+4 bedroom bungalow is perfect for investors or anyone looking to live in one unit and rent out the other.Located within walking distance of Fanshawe College and close to Western University, it offers excellent rental potential.Key features include:Separate basement entrance and newly renovated to move-in.Newer shingles, windows, and insulationFully updated basement and the house has two modern 3-piece bathroomsLarge detached garage with ample storage and workshop potentialFully fenced backyard with a fire pit, perfect for entertaining, kids, and petsConveniently located near groceries, restaurants, public transit, schools, the public library, and a fitness center. This home provides exceptional value and versatility don't miss out!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-28 2024-04-08 11 $499,700 $520,000 Sold
2024-03-28 2024-04-08 11 $499,700 $520,000 Sold
2013-04-17 2013-04-25 8 $179,900 $180,000 Sold
Extras
Flexible to the closing date. Earlier the better.
Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
54' x 131'
Fronting
West
Taxes
$2,996 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
London Market Statistics
London Price Trend
113 Mark St is a 3-bedroom 2-bathroom home listed for sale at $649,000, which is $21,762 (3.5%) higher than the average sold price of $627,238 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in London declined by $22,314 (3.4%) compared to the previous 30 day period (July 17 - August 15) and down $415 (0.1%) from the same time one year ago.
Inventory Change
There were 256 3-bedroom homes listed in London over the last 30 days (August 16 - September 14), which is up 36.9% compared with the previous 30 day period (July 17 - August 15) and up 402.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,631) (1.9%) below asking price over the last 30 days (August 16 - September 14), which represents a $1,038 decrease compared to the previous 30 day period (July 17 - August 15) and ($3,169) 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 16 - September 14) stood at 68.4%, down from 104.3% over the previous 30 days (July 17 - August 15) and up from 51.0% 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 29 days when successfully sold over the last 30 days (August 16 - September 14), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Millennium Real Estate
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