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Property Description
*Priced to Sell*. Perfect Starter Home with the BONUS of BUILT-IN RENTAL INCOME, or a fully rented CASH COW investment with former RENTAL INCOME of $55,000 annually! Investors and Large Families, UNBEATABLE OPPORTUNITY: Own Your Dream & Earn Big. Fully Renovated stunning CORNER DETACHED DREAM HOME offers MASSIVE RENTAL POTENTIAL & steps to Fanshawe College! HUGE WIN: This detached Home boasts 6 Bedrooms + 1 Den, 2 Bathrooms, 2 Kitchens 2 new Fridged. Huge backyard, deep corner lot for ultimate privacy, and unbelievable 6 car parking with 1 car park in Garage. INCOME FROM DAY ONE! The basement offers a separate entrance and is perfect for PASSIVE INCOME. This TURN-KEY INVESTMENT delivers IMMEDIATE RETURNS. Don't Miss Out! This Gem Won't Last! Offers potential for expansion!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-28 | 2024-11-18 | 21 | $599,900 | - | Terminated |
2024-10-02 | 2024-10-28 | 26 | $649,900 | - | Terminated |
2019-03-14 | 2019-03-27 | 22 | $329,900 | $325,000 | Sold |
2013-09-19 | 2013-10-18 | 29 | $214,888 | $208,500 | Sold |
2006-03-16 | 2006-04-05 | 21 | $164,900 | $160,000 | Sold |
2019-01-28 | 2019-03-13 | 44 | $344,900 | - | Terminated |
2018-11-10 | 2018-12-22 | 42 | $339,900 | - | Terminated |
2023-10-20 | 2024-01-20 | 92 | $599,900 | - | Expired |
2023-09-20 | 2023-10-20 | 30 | $629,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
52' x 125'
Fronting
South
Taxes
$3,697 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.99' x 14.01' | |
Dining | Main | 10.99' x 14.01' | |
Kitchen | Main | 10.01' x 10.01' | |
Prim Bdrm | Main | 10.01' x 12.01' | |
2nd Br | Main | 8.99' x 12.01' | |
3rd Br | Main | 8.99' x 9.51' | |
4th Br | Main | 10.01' x 10.99' | |
Br | Bsmt | 10.50' x 16.01' | |
Br | Bsmt | 8.99' x 10.50' | |
Kitchen | Bsmt | 8.01' x 10.01' | |
Living | Bsmt | 10.99' x 14.01' | |
Bathroom | Main | 4.99' x 8.43' |
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London Market Statistics
London Price Trend
1681 Dale St is a 4-bedroom 2-bathroom home listed for sale at $549,900, which is $334,260 (37.8%) lower than the average sold price of $884,160 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in London increased by $6,902 (0.8%) compared to the previous 30 day period (September 24 - October 23) and down $87,040 (9.0%) from the same time one year ago.Inventory Change
There were 133 4-bedroom homes listed in London over the last 30 days (October 24 - November 22), which is down 14.7% compared with the previous 30 day period (September 24 - October 23) and up 638.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($24,809) (2.8%) below asking price over the last 30 days (October 24 - November 22), which represents a $4,703 decrease compared to the previous 30 day period (September 24 - October 23) and ($30,560) 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 4-bedroom homes in London over the last 30 days (October 24 - November 22) stood at 63.9%, up from 41.7% over the previous 30 days (September 24 - October 23) and up from 27.8% 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 34 days when successfully sold over the last 30 days (October 24 - November 22), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Platinum Realty
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