184 Simcoe St

London, N6B 1H9
FOR SALE
$1,299,000
184 Simcoe St, London
184 Simcoe St
184 Simcoe St
184 Simcoe St
184 Simcoe St
Browsing Limit Reached
Please Register for Unlimited Access
4 + 1
BEDROOMS
4
BATHROOMS
3 + 1
KITCHENS
13 + 5
ROOMS
X7367166
MLSID
Contact Us
Property Description
Attention Investors! Great Investment Property with 4 Units in a great location. Steps to Downtown London. All Four Units are rented to great tenants who always pay on time. Separate Hydro meters. Three Units pay their own Hydro.
Property Details
Street
City
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
40' x 198'
Fronting
North
Taxes
$3,115 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
London Market Statistics
London Price Trend
184 Simcoe St is a 4-bedroom 4-bathroom home listed for sale at $1,299,000, which is $423,201 (48.3%) higher than the average sold price of $875,799 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in London increased by $1,032 (0.1%) compared to the previous 30 day period (March 15 - April 13) and up $25,955 (3.1%) from the same time one year ago.
Inventory Change
There were 178 4-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 217.9% compared with the previous 30 day period (March 15 - April 13) and up 612.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($21,936) (2.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $1,480 increase compared to the previous 30 day period (March 15 - April 13) and ($12,133) 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 (April 14 - May 13) stood at 112.9%, down from 137.5% over the previous 30 days (March 15 - April 13) and up from 36.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in London stood at 27 days when successfully sold over the last 30 days (April 14 - May 13), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Smart Choice Realty Solutions Inc.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1286697423