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BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX8309092
MLSIDContact Us
Property Description
Attention Investors and first-time home buyers! A rare LEGAL TRIPLEX in lovely Lambeth is available at a great price. This building offers a 2-bedroom unit, a 1-bedroom and a bachelor unit. Tenants each pay for their own hydro. Landlord pays heat and water. This house offers AC zoning allowing for mixed commercial and residential uses. Plenty of parking is available and minutes away from the 402, shopping and restaurants.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-07-12 | 2019-10-02 | 82 | $389,900 | - | Expired |
| 2009-07-14 | 2009-09-14 | 66 | $199,900 | $178,000 | Sold |
| 2022-11-11 | 2022-11-25 | 14 | $1,000 | - | Terminated |
| 2023-08-16 | 2023-12-03 | 109 | $589,000 | - | Terminated |
| 2023-01-11 | 2023-04-01 | 85 | $649,000 | - | Expired |
Extras
SELLER WILLING TO ENTERTAIN VTB!! Upper 1 bedroom unit VACANT. bachelor unit rented for 1,200+hydro. Front 2 bedroom rented for 1055.79+hydro (month to month). Both septic's updated
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Property Details
Street
Community
City
Property Type
Triplex, 1 1/2 Storey
Lot Size
73' x 161'
Lot Irregularities
160.56 Ft X 35.09X81.85X87.28X72.68
Fronting
West
Taxes
$3,390 (2023)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Radiant
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Available
Garage Type
None
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London Market Statistics
London Price Trend
4459 Colonel Talbot Rd is a 3-bedroom 3-bathroom home listed for sale at $599,000, which is $41,835 (6.5%) lower than the average sold price of $640,835 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in London declined by $20,481 (3.1%) compared to the previous 30 day period (March 15 - April 13) and up $14,483 (2.3%) from the same time one year ago.Inventory Change
There were 227 3-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 194.8% compared with the previous 30 day period (March 15 - April 13) and up 530.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,819) (1.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $2,753 decrease compared to the previous 30 day period (March 15 - April 13) and ($15,232) 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 3-bedroom homes in London over the last 30 days (April 14 - May 13) stood at 222.0%, down from 254.5% over the previous 30 days (March 15 - April 13) and up from 94.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 19 days when successfully sold over the last 30 days (April 14 - May 13), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc.
Similar Listings
Welcome to 488 Dorinda, situated on a quiet street in Old East Village, surrounded by trendy cafes, stores, and the Factory. This is a licensed, well-maintained, legal Tri-plex with garage and large lot! This fully tenanted property makes a great turn-key investment opportunity! Close to shopping, public transit, and many amenities. This property features three separate units, each with its own meter. There's a bachelor unit, a 1-bedroom upper unit, and a 2-bedroom main floor unit. Offers are welcome anytime! So act fast so you don't miss your opportunity to make this legal Tri-plex yours today!
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