➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
3
BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX9354827
MLSIDContact Us
Property Description
Attention Investors! This beautiful brick Triplex would be a great addition to any investment portfolio, anyone looking for help with the mortgage while your child lives in one unit and attends post-secondary school, or for those looking to get into the market. You hardly notice that you are in Downtown London on this quiet street with mature trees. Located in the heart of London and just over 10 minutes to both UWO and Fanshawe College; this property has loads of potential. Featuring three 1 Bedroom Units with each unit located on a separate floor for added privacy. The upstairs unit is currently VACANT, carpet free and features a good-sized living room, eat-in kitchen and 3-piece bathroom. The main floor and basement each have a 1-bedroom unit and have great potential to earn some sweat equity and add to the value of the property. Outside you will find a large, fully-fenced backyard and spacious deck for everyone to enjoy on those warm summer days. There is a long driveway with ample parking and potential to add more parking in the big backyard. Some recent updates include New Windows in the Upper Unit (2024) as well as a New Front Door (2024). Opportunities with both good income potential and prime location do not come up often. This is a must see!
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-16 | 2024-09-16 | 123 | $575,000 | - | Expired |
| 2024-01-14 | 2024-05-15 | 121 | $575,000 | - | Expired |
| 2023-07-12 | 2023-10-12 | 92 | $549,999 | - | Expired |
| 2023-10-13 | 2024-01-14 | 92 | $575,000 | - | Expired |
Call
Property Details
Street
Community
City
Property Type
Triplex, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
33' x 109'
Fronting
South
Taxes
$3,683 (2023)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
Call
London Market Statistics
London Price Trend
570 Rosedale St is a 3-bedroom 3-bathroom home listed for sale at $575,000, which is $43,462 (7.0%) lower 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 3-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 Oak And Key Real Estate Brokerage, Inc.
Similar Listings
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.
Call
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!
Call
Attention investors and first-time buyers! Discover the potential of this Old East Village Property. This property is currently vacant for you to set your own rents!! AC2 zoning allowing for a multitude of uses. Great Downtown Property. Extensive renovations have been completed and it's ready for a new owner. 2023 expenses: Insurance - $2756.88, Hydro/water - $4986.15, Gas - $1890.79 *3 x Stoves, 3 x Fridges, washer, dryer*
Call
Explore this great investment opportunity to acquire a legal Triplex in the charming Old East Village! The main floor boasts a spacious 2-bedroom unit, while the upper level features a cozy 1-bedroom unit. Additionally, the property offers shared laundry facilities in the basement and the other 1 bedroom unit. Ample parking space. Noteworthy is the expansive insulated shop/double garage (25 x 30) with 9-foot doors and 10-foot ceilings. Conveniently situated near bus routes, Downtown, numerous dining establishments and bars, excellent schools, and major highways. Don't miss out on this prime investment opportunity!
Call
Call