165 MADISON Ave

East M, London, N5Z 2P5
FOR SALE
$599,900
165 MADISON Ave, London
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
165 MADISON Ave
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4
BEDROOMS
2
BATHROOMS
2
KITCHENS
11
ROOMS
X11888732
MLSID
Contact Us
Property Description
Attention First-time buyers & Investors! Outstanding Side by Side Duplex is now available for you to add to the portfolio or live on one side as the other helps pay the bills. Both units are spacious and have their own furnace, breaker panels, and owned water heaters. These two 2 bedrooms have bright kitchens, a large living room area, in-unit laundry, renovated bathrooms, a newer steel/metal roof, vinyl windows, high efficiency furnace, loads of parking, and fenced backyard space so both tenants can enjoy the outdoors. Separate gas & hydro meters. The Front Unit is vacant (could be rented for $1,800 plus utilities) and the back unit tenants are moving out in January 2025 (also could be rented $ 1,800 plus). Don't miss out on this turn-key property, there is nothing left to do but collect the rent.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-03 2024-04-22 19 $1,875 $1,875 Leased
2024-04-03 2024-04-22 19 $1,875 $1,875 Leased
2019-07-24 2019-10-24 92 $339,900 - Expired
2019-11-01 2019-12-17 47 $319,900 $300,000 Sold
2015-04-08 2015-04-29 21 $219,900 - Terminated
Property Details
Community
City
Property Type
Duplex, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
24' x 96'
Fronting
West
Taxes
$2,450 (2024)
Basement
Part Fin
Exterior
Metal/Side
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain9.97' x 12.99'
KitchenMain6.99' x 7.97'
DiningMain9.97' x 9.97'
BathroomMain16.40' x 16.40'3 Pc Bath
Br2nd11.98' x 10.99'
Br2nd6.99' x 8.99'
KitchenMain10.99' x 13.98'
LivingMain10.99' x 15.98'
Prim Bdrm2nd10.99' x 21.00'
Br2nd7.97' x 11.98'
Bathroom2nd19.69' x 16.40'4 Pc Bath
London Market Statistics
London Price Trend
165 MADISON Ave is a 4-bedroom 2-bathroom home listed for sale at $599,900, which is $295,020 (33.0%) lower than the average sold price of $894,920 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $19,771 (2.3%) compared to the previous 30 day period (October 19 - November 17) and up $161,920 (22.1%) from the same time one year ago.
Inventory Change
There were 132 4-bedroom homes listed in London over the last 30 days (November 18 - December 17), which is down 9.6% compared with the previous 30 day period (October 19 - November 17) and up 780.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($23,959) (2.7%) below asking price over the last 30 days (November 18 - December 17), which represents a $1,033 increase compared to the previous 30 day period (October 19 - November 17) and ($13,560) 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 4-bedroom homes in London over the last 30 days (November 18 - December 17) stood at 51.5%, down from 55.5% over the previous 30 days (October 19 - November 17) and up from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 58 days when successfully sold over the last 30 days (November 18 - December 17), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Select Realty
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