24 Empire St

East G, London, N5Y 1G7
FOR SALE
$499,999
24 Empire St, London
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
24 Empire St
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5 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
X11241907
MLSID
Contact Us
Property Description
Investors Alert. This well maintained 5 bedrooms house is located on a dead end street, only steps away from Fanshawe College and all sorts of shoppings. One extra room in the basement used as storage with potential to be an office or a bedroom. New deck boards replaced October 2024. House is leased at $2,800.00 + utilities per month for 3 years until July 31, 2025. **EXTRAS** Water Heater Owned
Listing History
List Date End Date Days Listed List Price Sold Price Status
2015-08-18 2015-11-16 90 $239,900 - Expired
2022-05-31 2022-07-21 52 $2,800 $2,800 Leased
2019-01-09 2019-01-12 5 $329,900 $326,900 Sold
2016-07-07 2016-07-28 21 $239,900 $234,000 Sold
2022-04-30 2022-07-21 82 $618,000 - Terminated
Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
35' x 123'
Fronting
East
Taxes
$2,768 (2024)
Basement
Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 14.99'
KitchenMain10.01' x 14.99'
BrMain8.99' x 10.01'
BrMain8.99' x 12.99'
BrMain10.01' x 12.99'
Br2nd8.99' x 10.01'
Br2nd8.99' x 10.01'
2nd BrLower8.01' x 16.01'
London Market Statistics
London Price Trend
24 Empire St is a 5-bedroom 2-bathroom home listed for sale at $499,999, which is $732,001 (59.4%) lower than the average sold price of $1,232,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in London increased by $332,675 (37.0%) compared to the previous 30 day period (December 22 - January 20) and up $838,846 (213.4%) from the same time one year ago.
Inventory Change
There were 23 5-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 64.3% compared with the previous 30 day period (December 22 - January 20) and up 666.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($75,920) (6.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $30,572 decrease compared to the previous 30 day period (December 22 - January 20) and ($8,083) 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 5-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 21.7%, down from 57.1% over the previous 30 days (December 22 - January 20) and down from 50,200.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in London stood at 51 days when successfully sold over the last 30 days (January 21 - February 19), compared to 100 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Select Realty
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