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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12 + 4
ROOMSX9271131
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Property Description
Location, Location, Location! This legal triplex, situated on the south side of London's South Collegiate Institute in the sought-after Old South neighbourhood, offers a prime investment opportunity. The property includes a two-car garage and ample parking space. It features two fully rented two-bedroom apartments and a one-bedroom lower-level apartment. With two separate hydro meters, this property is well-equipped for efficient management.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2012-06-04 | 2012-08-30 | 90 | $975 | - | Expired |
| 2011-03-24 | 2011-05-10 | 48 | $975 | $975 | Leased |
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 103'
Fronting
North
Taxes
$5,183 (2023)
Basement
Apartment, Full
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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London Market Statistics
London Price Trend
455 Baker St is a 4-bedroom 3-bathroom home listed for sale at $824,900, which is $106,156 (11.4%) lower than the average sold price of $931,056 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 4 bedroom home in London increased by $61,498 (7.1%) compared to the previous 30 day period (July 21 - August 19) and up $91,056 (10.8%) from the same time one year ago.Inventory Change
There were 156 4-bedroom homes listed in London over the last 30 days (August 20 - September 18), which is up 38.1% compared with the previous 30 day period (July 21 - August 19) and up 609.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($38,057) (4.1%) below asking price over the last 30 days (August 20 - September 18), which represents a $12,934 decrease compared to the previous 30 day period (July 21 - August 19) and ($28,888) 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 (August 20 - September 18) stood at 43.6%, down from 63.7% over the previous 30 days (July 21 - August 19) and up from 31.8% 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 38 days when successfully sold over the last 30 days (August 20 - September 18), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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