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BEDROOMS2
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KITCHENS5
ROOMSX11996995
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Property Description
Duplex 14 Kitchener Avenue: A great investment opportunity. It's in a desirable area, close to shopping, transit, the Western Fair, and Downtown. With both units leased, you have a solid rental income. ($1500.00 per month main and $1300.00 per month upper. The main floor features three bedrooms, a full bathroom, and a spacious living and dining area, while the upper level offers two bedrooms, a full bathroom, and a cozy natural gas fireplace. The property also includes plenty of storage, laundry facilities, parking, and a detached garage. Recent updates enhance its appeal, making it a great choice for both owner occupancy or as part of an income property portfolio.
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Property Details
Street
Community
City
Property Type
Duplex, 1 1/2 Storey
Lot Size
35' x 117'
Fronting
East
Taxes
$2,989 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.07' x 15.32' | |
Dining | Main | 11.32' x 14.90' | |
Kitchen | Main | 10.56' x 11.48' | |
Br | Main | 8.56' x 9.91' | |
2nd Br | Main | 8.50' x 9.81' | |
3rd Br | Main | 8.33' x 8.56' | |
Laundry | Lower | 9.91' x 9.91' | |
Rec | Lower | 14.67' x 17.16' | |
Living | 2nd | 8.83' x 18.73' | |
Kitchen | 2nd | 7.58' x 16.99' | |
Bathroom | Main | 8.33' x 6.56' | 4 Pc Bath |
Bathroom | 2nd | 8.33' x 6.56' | 4 Pc Bath |
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London Market Statistics
London Price Trend
14 Kitchener Ave is a 3-bedroom 2-bathroom home listed for sale at $529,900, which is $95,311 (15.2%) lower than the average sold price of $625,211 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,001 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $370,637 (145.6%) from the same time one year ago.Inventory Change
There were 193 3-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 27.8% compared with the previous 30 day period (December 22 - January 20) and up 915.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,503) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,518 increase compared to the previous 30 day period (December 22 - January 20) and ($3,099) 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 (January 21 - February 19) stood at 64.2%, down from 101.3% over the previous 30 days (December 22 - January 20) and down from 210,715.8% 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 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Team Glasser Real Estate Brokerage Inc.
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