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BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX9007226
MLSIDContact Us
Property Description
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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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-24 | 2024-07-03 | 70 | $529,900 | - | Terminated |
Property Features
Arts Centre, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
45' x 146'
Acreage
< .50
Fronting
East
Taxes
$2,981 (2023)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
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London Market Statistics
London Price Trend
488 Dorinda St is a 3-bedroom 3-bathroom home listed for sale at $529,900, which is $85,855 (13.9%) lower than the average sold price of $615,755 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in London declined by $32,752 (5.1%) compared to the previous 30 day period (July 21 - August 19) and down $1,030 (0.2%) from the same time one year ago.Inventory Change
There were 269 3-bedroom homes listed in London over the last 30 days (August 20 - September 18), which is up 47.0% compared with the previous 30 day period (July 21 - August 19) and up 525.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($9,870) (1.6%) below asking price over the last 30 days (August 20 - September 18), which represents a $468 increase compared to the previous 30 day period (July 21 - August 19) and ($12,278) 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 (August 20 - September 18) stood at 68.0%, down from 106.0% over the previous 30 days (July 21 - August 19) and up from 32.6% 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 28 days when successfully sold over the last 30 days (August 20 - September 18), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Centre City Realty Inc.
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