435 Charlotte St
London, N5W 4A5
FOR SALE
$449,000
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4
BEDROOMS2
BATHROOMS2
KITCHENS9
ROOMSX8273618
MLSIDContact Us
Property Description
Calling all investors! Roughed-in duplex in need of renovations to complete bathrooms and kitchens for both units. Once renovated, each unit will feature two bedrooms, one kitchen, and one bathroom. Property sits on a deep rectangular lot (147ft) that provides the potential for future re-zoning into a triplex, fourplex, or more. Invest in this fixer-up with tons of potential and help bring two more dwellings to market. Steps from the Dundas street bus line and a short walk to Powerhouse, The Factory, London Brewing Co-op, Boyle Community Centre and Park, and the Western Fairgrounds. Property sold as-is/where-is without any warranties from the seller. Buyer must verify and satisfy themselves regarding all information.
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Property Details
Street
City
Property Type
Duplex, Bungalow
Lot Size
46' x 147'
Fronting
West
Taxes
$2,206 (2023)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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London Market Statistics
London Price Trend
435 Charlotte St is a 4-bedroom 2-bathroom home listed for sale at $449,000, which is $432,518 (49.1%) lower than the average sold price of $881,518 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 4 bedroom home in London declined by $1,380 (0.2%) compared to the previous 30 day period (March 9 - April 7) and up $39,561 (4.7%) from the same time one year ago.Inventory Change
There were 168 4-bedroom homes listed in London over the last 30 days (April 8 - May 7), which is up 189.7% compared with the previous 30 day period (March 9 - April 7) and up 784.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($21,933) (2.5%) below asking price over the last 30 days (April 8 - May 7), which represents a $901 increase compared to the previous 30 day period (March 9 - April 7) and $5,042 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 8 - May 7) stood at 117.3%, down from 125.9% over the previous 30 days (March 9 - April 7) and up from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 26 days when successfully sold over the last 30 days (April 8 - May 7), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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Attention Investors!!This home offers so much! This lovely property is renovated detached duplex with 3 complete units. There is a basement one bedroom unit, rear one bedroom unit and a front two bedroom unit. The basement is finished with a one bedroom one bathroom unit. The rear unit is a one bedroom one bathroom unit. The front unit is a lovely two bedroom one bathroom unit with a kitchen. Two x 100 Amp electrical panels. Front and basement units are currently rented. As you step down into this special retreat space you will escape it all and enjoy nature at it's finest right in the City of London. Just steps away from schools, parks and shops.
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