123 Mill St

East B, London, N6A 1P7
FOR SALE
$799,000
123 Mill St, London
123 Mill St
123 Mill St
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5
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
X9416086
MLSID
Contact Us
Property Description
Make sense with your dollars...superb investment opportunity or live-in with income describes this brick century home in fabulous core rental area. This legal duplex boasts a two bedroom one bath main floor unit with high ceilings, classic original trim and a spacious updated eat in kitchen, plus a generous living area and two sun-filled bedrooms. The upper three bedroom one bath unit is equally updated and also offers ample space in the living area and bedrooms. Both units have in suite laundry. Separate hydro meters and most windows replaced. The property could easily be converted back to a single family home or live in one unit and have the other assist with your mortgage. Vacant so you can move right in or choose your future tenants.
Property Features
Fenced Yard, Public Transit
Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
40' x 64'
Acreage
< .50
Fronting
South
Taxes
$6,183 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.89' x 15.19'
BrMain8.60' x 14.07'
KitchenMain12.76' x 14.44'
BrMain11.52' x 12.86'
Living2nd9.68' x 15.09'
Br2nd8.53' x 14.21'
Kitchen2nd11.68' x 12.96'Combined W/Laundry
Br2nd9.28' x 11.71'
UtilityBsmt19.13' x 13.22'
OtherBsmt19.03' x 11.15'Unfinished
UtilityBsmt19.03' x 12.57'
Br2nd11.68' x 11.71'
London Market Statistics
London Price Trend
123 Mill St is a 5-bedroom 2-bathroom home listed for sale at $799,000, which is $77,715 (10.8%) higher than the average sold price of $721,285 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 5 bedroom home in London declined by $108,992 (13.1%) compared to the previous 30 day period (September 22 - October 21) and down $383,715 (34.7%) from the same time one year ago.
Inventory Change
There were 13 5-bedroom homes listed in London over the last 30 days (October 22 - November 20), which is down 13.3% compared with the previous 30 day period (September 22 - October 21) and up 160.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($42,071) (5.8%) below asking price over the last 30 days (October 22 - November 20), which represents a $9,616 decrease compared to the previous 30 day period (September 22 - October 21) and ($164,000) 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 5-bedroom homes in London over the last 30 days (October 22 - November 20) stood at 53.8%, down from 60.0% over the previous 30 days (September 22 - October 21) and up from 20.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in London stood at 50 days when successfully sold over the last 30 days (October 22 - November 20), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Select Realty
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