140 Central Ave

East F, London, N6A 1M5
FOR SALE
$689,900
140 Central Ave, London
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3
BEDROOMS
2
BATHROOMS
2
KITCHENS
10
ROOMS
X8262068
MLSID
Contact Us
Property Description
Welcome to 140 Central Ave in the heart of downtown London! This property offers not one, but two delightful units. The main floor unit consists of a 1 bedroom and 1 bathroom. The living room could easily be converted to a 2nd bedroom with the addition of a wall and door for added income. The upper unit is a spacious 2 bedroom, 2 bathroom unit. The large kitchens are perfect for hosting gatherings with friends and family. Investors will rejoice at the prospect of owning this gem, as it has a proven track record of being consistently easy to rent. The location itself guarantees a high demand from tenants who desire the excitement and convenience of downtown living. But it doesn't end there step outside into the vast backyard, a rare find in the heart of the city. This expansive outdoor space offers endless possibilities for relaxation, entertaining, and creating cherished memories. Convenience is at its finest with Victoria Park just a short walk away, providing an oasis of greenery and a hub for cultural events. Not to mention, you're surrounded by a plethora of bars, restaurants, and shopping options, making every day an opportunity for new experiences and delights. Whether you're an astute investor looking for a lucrative opportunity or a homebuyer yearning for the perfect blend of urban living and serenity, this duplex property has it all. Don't miss the chance to own a slice of downtown London's finest seize this remarkable opportunity now!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-08 2023-12-08 123 $709,900 - Expired
Property Features
Fenced Yard, Hospital
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
31' x 172'
Acreage
< .50
Fronting
North
Taxes
$4,997 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain10.07' x 10.99'
LivingMain14.07' x 13.42'Fireplace
BrMain14.50' x 10.99'
BathroomMain5.51' x 6.43'
Kitchen2nd10.66' x 10.40'
Family2nd12.83' x 13.85'
Br2nd9.91' x 10.50'
Br2nd10.17' x 10.66'
Bathroom2nd6.50' x 5.84'
London Market Statistics
London Price Trend
140 Central Ave is a 3-bedroom 2-bathroom home listed for sale at $689,900, which is $36,267 (5.5%) higher than the average sold price of $653,633 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 3 bedroom home in London increased by $5,524 (0.9%) compared to the previous 30 day period (March 4 - April 2) and up $26,588 (4.2%) from the same time one year ago.
Inventory Change
There were 209 3-bedroom homes listed in London over the last 30 days (April 3 - May 2), which is up 287.0% compared with the previous 30 day period (March 4 - April 2) and up 533.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,126) (1.1%) below asking price over the last 30 days (April 3 - May 2), which represents a $427 increase compared to the previous 30 day period (March 4 - April 2) and ($14,600) 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 3-bedroom homes in London over the last 30 days (April 3 - May 2) stood at 267.9%, down from 313.0% over the previous 30 days (March 4 - April 2) and up from 100.0% 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 16 days when successfully sold over the last 30 days (April 3 - May 2), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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