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Property Description
Excellent opportunity in Old South! This R2-2 zoned Duplex features a spacious 3 bedroom main floor unit. The basement is currently set up as a bachelor apartment with its own kitchen and bathroom. This property could easily be used as a family home or remain as two units. Both units can be accessed from the large breezeway between the living space and the garage. This home features two large garages. The first garage is approximately 16 ft x 22 ft and can accommodate a car hoist. The rear garage is approximately 19 ft x 39 ft with access from behind the property off a lane way and through the front garage. Located in the heart of London just a few minutes walk to Victoria Hospital, beautiful parks, shopping, restaurants, daycares and schools.This home is currently vacant and ready for viewing.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-01 | 2024-10-05 | 65 | $549,900 | - | Expired |
2014-04-04 | 2014-07-04 | 93 | $228,300 | - | Expired |
2011-02-22 | 2011-04-29 | 65 | $259,000 | - | Expired |
2010-10-25 | 2010-12-31 | 67 | $265,000 | - | Expired |
2008-04-13 | 2008-05-02 | 18 | $229,900 | $224,000 | Sold |
2012-08-14 | 2012-10-15 | 62 | $268,888 | - | Terminated |
Property Features
Fenced Yard, Hospital, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
70' x 90'
Acreage
< .50
Fronting
North
Taxes
$4,254 (2023)
Basement
Apartment, Finished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Ground | 11.45' x 17.22' | |
Dining | Ground | 8.53' x 10.73' | |
Living | Ground | 14.30' x 12.11' | |
Prim Bdrm | Ground | 11.06' x 12.01' | |
Br | Ground | 11.68' x 9.42' | |
Br | Ground | 10.83' x 10.50' | |
Kitchen | Bsmt | 8.43' x 14.99' | |
Common Rm | Bsmt | 22.51' x 11.58' | |
Other | Bsmt | 6.17' x 5.84' | |
Utility | Bsmt | 14.04' x 16.11' |
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London Market Statistics
London Price Trend
538 Chester St is a 3-bedroom 2-bathroom home listed for sale at $549,900, which is $86,468 (13.6%) lower than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 (October 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% 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 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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