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Property Description
INVESTOR ALERT - THIS IS YOUR CALLING! DO NOT MISS YOUR CHANCE TO OWN THIS ALL BRICK DETACHED 2 1/2 STOREY HOME LOCATED IN THE HEART OF OLD NORTH LONDON. IDEAL LOCATION FOR STUDENTS, FAMILIES AND PROFESSIONALS, WITH CLOSE PROXIMITY TO UWO, KINGS COLLEGE, DOWNTOWN, MASONVILLE PLACE AND MORE. CURRENTLY BEING USED AS AIRBNB WITH AN APPROX YEARLY INCOME OF $50,000, TO DATE. THIS HOME OFFERS A TOTAL 6 BEDROOMS AND 3 BATHROOMS WITH A LARGE DRIVEWAY AND DETACHED SINGLE CAR GARAGE AVAILABLE. TONS OF UPGRADES DONE SUCH AS POT LIGHTS, KITCHEN AND FLOORING. FURNACE AND ELECTRICAL PANNEL HAS BEEN UPDATED. THE MAIN LEVEL FEATURES A LARGE LIVING ROOM AND DINING AREA WITH HEIGH CEILINGS AND RENOVATED BRIGHT KITCHEN. FOUR WELL SIZED BEDROOMS ABOVE GRADE WITH TWO BATHROOMS TO SHARE. THE BASEMENT IS FINISHED WITH TWO ROOMS, AN ADDITIONAL 3 PIECE BATHROOM AND LAUNDRY. HUGE SIZE BACKYARD AND LOT WITH A TWO TEIR DECK. CAN BE USED BE RENTED TO A GROUP OF UWO STUDENTS OR USE AS AIRBNB. PERFECT CHANCE TO ADD THIS INVESTMENT IN YOUR PORTFOLIO WITH DIVERSE OPPORTUNITY. COME SEE THIS HOME TODAY!
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Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
40' x 150'
Acreage
< .50
Fronting
North
Taxes
$5,628 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
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London Market Statistics
London Price Trend
300 Huron St is a 4-bedroom 3-bathroom home listed for sale at $949,900, which is $71,701 (8.2%) higher than the average sold price of $878,199 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in London declined by $1,432 (0.2%) compared to the previous 30 day period (September 21 - October 20) and down $1,801 (0.2%) from the same time one year ago.Inventory Change
There were 144 4-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 11.1% compared with the previous 30 day period (September 21 - October 20) and up 747.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($24,170) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,593 decrease compared to the previous 30 day period (September 21 - October 20) and ($9,900) 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 (October 21 - November 19) stood at 60.4%, up from 36.4% over the previous 30 days (September 21 - October 20) and up from 29.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 30 days when successfully sold over the last 30 days (October 21 - November 19), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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