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BEDROOMS4
BATHROOMS4
KITCHENS8
ROOMSX9419537
MLSIDContact Us
Property Description
Welcome to this fantastic 4-unit property, ideally located in a vibrant neighbourhood, just steps away from shopping, groceries, and a variety of restaurants. This recently renovated building features one tenanted bachelor unit, ensuring immediate cash flow, alongside one vacant bachelor unit and two vacant one-bedroom units, offering great potential for investors or homeowners looking to occupy and rent. Dont miss out on this incredible opportunity to own a well-maintained, versatile property in a prime location! Whether youre looking to expand your investment portfolio or find your next home, this listing has it all. Schedule a viewing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2007-06-07 | 2008-03-30 | 305 | $169,900 | - | Expired |
| 2010-06-12 | 2010-09-03 | 83 | $399,900 | $390,000 | Sold |
| 2019-05-08 | 2019-05-31 | 24 | $349,000 | $335,000 | Sold |
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Property Details
Street
Community
City
Property Type
Fourplex, Bungalow
Lot Size
46' x 128'
Fronting
East
Taxes
$3,333 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Mutual
Garage Type
None
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London Market Statistics
London Price Trend
368 Wharncliffe Rd S is a 2-bedroom 4-bathroom home listed for sale at $599,000, which is $57,322 (10.6%) higher than the average sold price of $541,678 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom home in London increased by $10,864 (2.0%) compared to the previous 30 day period (October 12 - November 10) and down $19,322 (3.4%) from the same time one year ago.Inventory Change
There were 56 2-bedroom homes listed in London over the last 30 days (November 11 - December 10), which is down 8.2% compared with the previous 30 day period (October 12 - November 10) and up 1,020.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($11,735) (2.2%) below asking price over the last 30 days (November 11 - December 10), which represents a $5,498 decrease compared to the previous 30 day period (October 12 - November 10) and ($38,900) 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 2-bedroom homes in London over the last 30 days (November 11 - December 10) stood at 91.1%, down from 101.6% over the previous 30 days (October 12 - November 10) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in London stood at 34 days when successfully sold over the last 30 days (November 11 - December 10), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc.
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