131 Sackville St

East L, London, N5Z 2E5
FOR SALE
$580,000
131 Sackville St, London
131 Sackville St
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
8
ROOMS
X9232659
MLSID
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Property Description
Opportunity Is Knocking In This Quiet And Mature Neighborhood. If Becoming An Investor Appeals To You, Then This Property Is For You. With The Main Floor 1Bedroom Unit And Bath And The Upper 2 Bedroom and Bath Are Currently Tenanted Ensuring An Immediate Income Source. New Windows And Doors in 2020. Both Kitchens Recently Renovated Providing Each Unit With Fridge , Gas Stove, And Over The Range Microwaves. Don't Forget The Spray Foam Insulated Basement, 100 Amp Service And A Sprinkler System , High Efficiency Furnace And Central Air. Come Take A Look, This One Might Be The One You're Looking For.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-14 2024-04-17 63 $480,000 - Terminated
Property Details
Community
City
Property Type
Duplex, 1 1/2 Storey
Lot Size
32' x 159'
Fronting
West
Taxes
$2,251 (2023)
Basement
Full, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Mutual
Garage Type
None
London Market Statistics
London Price Trend
131 Sackville St is a 3-bedroom 2-bathroom home listed for sale at $580,000, which is $38,462 (6.2%) lower 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 2-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 Land/Max Realty Inc.
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