1707 Hansuld St

East H, London, N5V 1Y6
FOR SALE
$675,000
1707 Hansuld St, London
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
1707 Hansuld St
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3 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 7
ROOMS
X9262648
MLSID
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Property Description
Check out this 6 bedroom raised bungalow with 2 full bathrooms and 2 full kitchens; less than 600m from Fanshawe College, making it an ideal investment property! This spacious home features two separate units, each offering 3 bedrooms, a washroom, kitchen, and insuite laundry providing ample living space for tenants.The layout is thoughtfully designed to maximize comfort and privacy, making it an attractive option for students or families, or to owner occupy one unit and collect rental income from the other. Each unit enjoys its own separate entrance, as well as plenty of natural light, thanks to the raised bungalow design and large windows. The large lot is private (pool will be removed) and there is ample driveway parking space as well. Whether you're looking to invest in a property that can be easily leased out for premium market rents or seeking a home with rental income potential, this property checks all the boxes.With its proximity to Fanshawe College and other amenities, this home is sure to attract renters year-round. Don't miss out on this incredible opportunity to own a prime piece of real estate in a sought-after location! Numerous updates in the last few years include: furnace, AC, roof shingles, windows, paint, flooring and appliances.
Property Details
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
41' x 169'
Fronting
East
Taxes
$3,540 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
9
Garage Type
None
London Market Statistics
London Price Trend
1707 Hansuld St is a 3-bedroom 2-bathroom home listed for sale at $675,000, which is $56,538 (9.1%) higher than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% 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 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Select Realty
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