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BEDROOMS2
BATHROOMS2
KITCHENS11
ROOMSX11974535
MLSIDContact Us
Property Description
VACANT POSSESSION NOW AVAILABLE FOR APRIL 1ST!! Bring in your tenants at market rent! Charming licensed up/down duplex in the heart of Old East Village! Steps to coffee shops, Western Fair Market, craft breweries, Boyle community centre, playground, transit links, and more. Solid brick home features a vacant bright one-bedroom on the main floor and a two-bedroom upper unit to be vacated by March 31, 2025. This home is a rare opportunity for an owner-occupied home with a mortgage helper, for a savvy investor, to create an intergenerational living situation, or even to convert back to a single-family home. The large main floor bathroom has plenty of space for a tub or in-suite laundry. Parking in the back for two vehicles. With ample storage, shared laundry and sprinkler system in the basement, good sound separation, and a large covered front porch, there is significant value in the property. Recent updates include a new central air in June 2024 and a new metal roof in 2018. Eavestroughs equipped with mesh leaf guards reduce home maintenance. UPCOMING OPPORTUNITY FOR VACANT POSSESSION MEANS THIS ONE WON'T LAST LONG. BOOK YOUR SHOWING TODAY!! (39894349)
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-11-07 | 2025-02-15 | 100 | $424,900 | - | Terminated |
2024-08-21 | 2024-11-09 | 80 | $444,900 | - | Terminated |
2001-08-28 | 2001-12-30 | 124 | $89,900 | - | Expired |
2006-04-20 | 2006-07-28 | 101 | $125,000 | - | Expired |
2004-10-13 | 2004-12-15 | 66 | $128,500 | - | Expired |
2006-02-03 | 2006-04-06 | 62 | $147,500 | - | Terminated |
Property Features
Arts Centre, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
27' x 100'
Acreage
< .50
Fronting
East
Taxes
$2,847 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Mutual
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Main | 8.92' x 11.94' | 3 Pc Bath |
Kitchen | Main | 10.70' x 8.17' | |
Prim Bdrm | Main | 11.25' x 8.17' | |
Other | Main | 9.68' x 12.96' | |
Living | Main | 15.88' x 9.38' | |
Bathroom | 2nd | 5.81' x 7.97' | 4 Pc Bath |
Kitchen | 2nd | 10.01' x 9.06' | |
Prim Bdrm | 2nd | 10.70' x 11.75' | |
2nd Br | 2nd | 12.80' x 8.50' | |
Living | 2nd | 10.99' x 15.45' | |
Dining | Main | 10.53' x 9.38' |
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London Market Statistics
London Price Trend
436 Dorinda St is a 3-bedroom 2-bathroom home listed for sale at $435,000, which is $190,211 (30.4%) lower than the average sold price of $625,211 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,001 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $370,637 (145.6%) from the same time one year ago.Inventory Change
There were 193 3-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 27.8% compared with the previous 30 day period (December 22 - January 20) and up 915.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,503) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,518 increase compared to the previous 30 day period (December 22 - January 20) and ($3,099) 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 3-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 64.2%, down from 101.3% over the previous 30 days (December 22 - January 20) and down from 210,715.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Streetcity Realty Inc.
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This fully leased, licensed duplex is a fantastic investment opportunity, generating steady rental income with a 2-bedroom main floor unit and an upper bachelor unit. Whether you're an investor or looking to offset your mortgage with rental income, this property delivers.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. It presents potential opportunities such as expanding the main units living space, providing additional tenant storage, or housing a coin-operated laundrycreating an extra income stream.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Dont miss this chance to own a turnkey investment with room to grow!
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