18 Stanley St

South F, London, N6C 1B1
FOR SALE
$649,000
18 Stanley St, London
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5
BEDROOMS
3
BATHROOMS
3
KITCHENS
5
ROOMS
X9306030
MLSID
Contact Us
Property Description
ATTN INVESTORS/MULTIPLE PROPERTIES ALERT/UNDER MARKET VALUE/WORTLEY VILLAGE DUPLEXES AND TRIPLEX! This is a Rare Opportunity to purchase a bundled deal of 3 properties all within a 2km radius of each other in Wortley Village. Not just for investors, this could be for multi gen families or buyers looking to offset their mortgage payments. This is a TRIPLEX in a fantastic location, close proximity to downtown, bus routes, and commercial areas. Beautiful traditional architecture, high ceiling on lower unit with ample parking in rear (enough for 5+). Unit #1 is main floor: 1 bedroom, large living room with historical fireplace, 1 ensuite bathroom, large kitchen, and laundry. Unit #2 is upstairs, 3 bedroom, 1 large bath, large kitchen, and laundry. Unit #3 is a main floor bachelor/studio style with 1 bedroom, 1 bathroom, 1 kitchen, and laundry. Don't forget to check out: 47 Beaconsfield Ave, London (MLS: X9306029) and 22 Bruce St, London (MLS: X9306027)
Property Features
Hospital, Library, Public Transit
Property Details
Community
City
Property Type
Triplex, 2 1/2 Storey
Lot Size
42' x 147'
Fronting
South
Taxes
$3,225 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Garage Type
None
Room Summary
RoomLevelSizeFeatures
OfficeMain13.42' x 13.94'
BrMain13.42' x 14.21'
BathroomMain5.97' x 6.50'4 Pc Ensuite
KitchenMain15.35' x 13.65'Eat-In Kitchen
LaundryMain2.89' x 5.81'
2nd Br2nd8.37' x 11.61'
3rd Br2nd11.58' x 11.61'
4th Br2nd11.58' x 12.14'
Kitchen2nd12.30' x 17.42'Eat-In Kitchen
BathroomMain6.50' x 11.29'4 Pc Bath
5th BrMain12.27' x 10.66'
BathroomMain14.70' x 3.08'Combined W/Laundry, 3 Pc Bath
London Market Statistics
London Price Trend
18 Stanley St is a 5-bedroom 3-bathroom home listed for sale at $649,000, which is $72,285 (10.0%) lower than the average sold price of $721,285 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 5 bedroom home in London declined by $108,992 (13.1%) compared to the previous 30 day period (September 22 - October 21) and down $383,715 (34.7%) from the same time one year ago.
Inventory Change
There were 13 5-bedroom homes listed in London over the last 30 days (October 22 - November 20), which is down 13.3% compared with the previous 30 day period (September 22 - October 21) and up 160.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($42,071) (5.8%) below asking price over the last 30 days (October 22 - November 20), which represents a $9,616 decrease compared to the previous 30 day period (September 22 - October 21) 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 22 - November 20) stood at 53.8%, down from 60.0% over the previous 30 days (September 22 - October 21) and up from 20.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in London stood at 50 days when successfully sold over the last 30 days (October 22 - November 20), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Certainli Realty Inc
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