1175 Florence St
London, N5W 2N2
FOR SALE
$999,900
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2
BEDROOMS2
BATHROOMS2
KITCHENS8
ROOMSX8064694
MLSIDContact Us
Property Description
Duplex in a Convenient Area Close To All Amenities. Comes with a Large garage shop. A Big lot behind the Garage for future development or Extension. Both Units Are Rented.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-13 | 2024-03-26 | 15 | $363,000 | $361,500 | Sold |
| 2010-05-17 | 2010-08-31 | 106 | $134,900 | - | Expired |
| 2022-02-10 | 2022-02-15 | 6 | $449,900 | $450,000 | Sold |
| 2019-03-14 | 2019-03-29 | 21 | $199,900 | $210,000 | Sold |
| 2011-01-31 | 2011-03-22 | 50 | $114,900 | $104,500 | Sold |
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Lot Size
35' x 150'
Fronting
South
Taxes
$1,929 (2023)
Basement
Part Fin
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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London Market Statistics
London Price Trend
1175 Florence St is a 2-bedroom 2-bathroom home listed for sale at $999,900, which is $406,823 (68.6%) higher than the average sold price of $593,077 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in London increased by $37,864 (6.8%) compared to the previous 30 day period (March 15 - April 13) and up $28,077 (5.0%) from the same time one year ago.Inventory Change
There were 52 2-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 173.7% compared with the previous 30 day period (March 15 - April 13) and up 940.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($2,907) (0.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,587 increase compared to the previous 30 day period (March 15 - April 13) and ($9,900) 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 2-bedroom homes in London over the last 30 days (April 14 - May 13) stood at 307.7%, down from 331.6% over the previous 30 days (March 15 - April 13) and up from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Smart Choice Realty Solutions Inc.
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