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5 + 2
BEDROOMS6
BATHROOMS2 + 1
KITCHENS11 + 6
ROOMSX9376402
MLSIDContact Us
Property Description
Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways - plenty of parking for tenants. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don't miss out on this excellent chance to own a solid income-generating property in a sought-after area!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-01 | 2024-11-19 | 49 | $1,049,900 | - | Terminated |
| 2012-01-15 | 2012-09-30 | 258 | $469,900 | - | Expired |
| 2014-05-08 | 2014-06-13 | 35 | $459,900 | $438,000 | Sold |
Extras
Please see Sales Brochure URL for more photos and floor plans with all room measurements.
Property Features
Cul De Sac, Hospital, Park, Public Transit, River/Stream, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
66' x 88'
Acreage
< .50
Lot Irregularities
66.16 x 88.32 x 66.16 x 88.49
Fronting
South
Taxes
$8,738 (2024)
Basement
Finished
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.52' x 12.93' | |
| Kitchen | Main | 22.70' x 12.66' | |
| Br | Main | 15.75' x 14.40' | |
| Family | Main | 29.13' x 16.17' | |
| Kitchen | 2nd | 8.40' x 8.83' | |
| Breakfast | 2nd | 13.85' x 11.71' | |
| Br | 2nd | 8.33' x 12.66' | |
| Br | 3rd | 12.27' x 11.84' | |
| Br | 3rd | 9.19' x 11.84' | |
| Br | 3rd | 14.90' x 16.17' | |
| Laundry | 3rd | 10.53' x 6.43' | |
| Kitchen | Bsmt | 12.96' x 14.76' |
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London Market Statistics
London Price Trend
159 St James St is a 5-bedroom 6-bathroom home listed for sale at $1,049,900, which is $310,650 (42.0%) higher than the average sold price of $739,250 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 5 bedroom home in London declined by $91,027 (11.0%) compared to the previous 30 day period (September 23 - October 22) and down $365,750 (33.1%) from the same time one year ago.Inventory Change
There were 11 5-bedroom homes listed in London over the last 30 days (October 23 - November 21), which is down 35.3% compared with the previous 30 day period (September 23 - October 22) and up 83.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($39,937) (5.4%) below asking price over the last 30 days (October 23 - November 21), which represents a $7,482 decrease compared to the previous 30 day period (September 23 - October 22) 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 23 - November 21) stood at 72.7%, up from 52.9% over the previous 30 days (September 23 - October 22) and up from 16.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in London stood at 46 days when successfully sold over the last 30 days (October 23 - November 21), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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