607 PRINCESS Ave

East F, London, N6B 2C1
FOR SALE
$384,999
607 PRINCESS Ave, London
607 PRINCESS Ave
607 PRINCESS Ave
607 PRINCESS Ave
607 PRINCESS Ave
607 PRINCESS Ave
607 PRINCESS Ave
607 PRINCESS Ave
607 PRINCESS Ave
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
X9047358
MLSID
Contact Us
Property Description
Excellent residential/commercial opportunity (live in or investment) close to downtown for under $400,000! Flexible floor plan with up to 4 bedrooms (one or main), 3 pieces bath upstairs & main floor laundry facilities. 2 front boulevard spaces leased from City of London & lots of additional street parking on Princess. (2 spots in front of house. Also viable as residential/commercial. AC-2 zoning permits multiple uses-please check with City of London. Previously used on a long term basis as a law & a phychologists office. Note that property is currently taxed at the commercial mill rate; application has been made to the City to tax at residential mill rate.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-14 2024-07-20 67 $399,999 - Terminated
2023-07-24 2023-09-25 62 $399,900 - Expired
2023-05-22 2023-07-23 61 $399,900 - Expired
2016-09-12 2016-12-12 91 $199,900 - Expired
2023-09-27 2023-11-30 64 $399,900 - Expired
2023-03-20 2023-05-18 59 $410,000 - Terminated
2016-12-13 2017-02-28 77 $184,900 - Terminated
Extras
Dryer, Refrigerator, Stove, Washer
Property Details
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
25' x 73'
Acreage
< .50
Fronting
South
Taxes
$5,068 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Other
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain6.00' x 17.75'
LivingMain12.40' x 15.49'Fireplace
DiningMain12.40' x 14.24'
KitchenMain11.32' x 12.40'
BrMain9.51' x 18.93'
Br2nd6.59' x 9.68'
Br2nd8.83' x 12.60'
Br2nd8.43' x 14.40'
London Market Statistics
London Price Trend
607 PRINCESS Ave is a 4-bedroom 2-bathroom home listed for sale at $384,999, which is $543,911 (58.6%) lower than the average sold price of $928,910 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $43,750 (4.9%) compared to the previous 30 day period (July 20 - August 18) and up $96,910 (11.6%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 559.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($40,513) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,612 decrease compared to the previous 30 day period (July 20 - August 18) and ($30,444) 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 19 - September 17) stood at 47.6%, down from 58.6% over the previous 30 days (July 20 - August 18) and up from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 38 days when successfully sold over the last 30 days (August 19 - September 17), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Iqi Global Real Estate
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