552 Adelaide St N

East G, London, N6B 3J5
FOR SALE
$645,000
552 Adelaide St N, London
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
552 Adelaide St N
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3 + 1
BEDROOMS
2
BATHROOMS
2
KITCHENS
7
ROOMS
X8482592
MLSID
Contact Us
Property Description
This lovely well maintained yellow brick home is a legal duplex centrally located on the edge of OEV and Woodfield. There has rarely been a vacancy. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Lots of parking in rear. Separately metered and tenants pay utilities. Recent upgrades (all done in 2023) include flooring throughout, painted, new exterior stairs and deck, kitchens have been refreshed (cabinets and faucets). Basement stairs have been capped and stabilized in 2023. Property is being sold fully furnished excluding tenants belongings. Combined rents $3800/month leased until Aug 2025 (upper), and March 2025 (main).
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-30 2024-08-14 16 $1,750 - Suspended
Property Details
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
31' x 120'
Acreage
< .50
Fronting
East
Taxes
$2,674 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
None
Room Summary
RoomLevelSizeFeatures
OtherBsmt11.58' x 16.08'
LaundryBsmt11.52' x 17.09'
BrMain12.01' x 12.93'
LivingMain11.84' x 14.76'
KitchenMain12.66' x 10.17'
BrMain8.83' x 11.32'
BathroomMain7.35' x 4.92'4 Pc Bath
Kitchen2nd11.68' x 10.93'
Bathroom2nd8.76' x 4.17'4 Pc Bath
Dining2nd15.26' x 6.33'
Family2nd11.58' x 11.91'
Br2nd9.84' x 11.58'
London Market Statistics
London Price Trend
552 Adelaide St N is a 3-bedroom 2-bathroom home listed for sale at $645,000, which is $26,538 (4.3%) higher than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% 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 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Initia Real Estate (Ontario) Ltd
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