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Property Description
Discover the perfect blend of charm and investment potential in this fully renovated, city-approved legal duplex bungalow! Nestled on a serene, tree-lined street, this property offers a spacious 3-bedroom, 1-bath main unit and a bright 2-bedroom, 1-bath lower unit, each with stylish finishes and shared laundry. Sitting on a large, with mature trees, this versatile home is ideal for house hacking, multigenerational living, or rental income. Enjoy modern upgrades, peaceful surroundings, and easy access to amenities. Don't miss this incredibly RARE opportunity for a TURNKEY LEGAL DUPLEX!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-25 | 2024-01-30 | 5 | $455,000 | $440,000 | Sold |
Property Features
Fenced Yard
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
50' x 110'
Fronting
East
Taxes
$2,821 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Available
Garage Type
None
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London Market Statistics
London Price Trend
165 Fairhaven Circ is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $67,997 (10.8%) higher than the average sold price of $631,903 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in London increased by $2,586 (0.4%) compared to the previous 30 day period (September 22 - October 21) and up $16,503 (2.7%) from the same time one year ago.Inventory Change
There were 231 3-bedroom homes listed in London over the last 30 days (October 22 - November 20), which is down 15.1% compared with the previous 30 day period (September 22 - October 21) and up 670.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($12,467) (2.0%) below asking price over the last 30 days (October 22 - November 20), which represents a $139 decrease compared to the previous 30 day period (September 22 - October 21) and ($10,585) 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 (October 22 - November 20) stood at 89.6%, up from 75.7% over the previous 30 days (September 22 - October 21) and up from 66.7% 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 (October 22 - November 20), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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