669 LORNE Ave

East G, London, N5W 3K4
FOR SALE
$499,000
669 LORNE Ave, London
669 LORNE Ave
669 LORNE Ave
669 LORNE Ave
669 LORNE Ave
669 LORNE Ave
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5
BEDROOMS
3
BATHROOMS
3
KITCHENS
12
ROOMS
X12010526
MLSID
Contact Us
Property Description
POWER OF SALE, Great Investment Opportunity 2 1/2 Story Red Brick Victorian Income Earner Potential. Lots Of Period Charm In This Single Family Dwelling With 3 Units Property With Separate Entrances. Main Floor 2 Bed, 1 Bedroom Studio & 1-Bed Basement. Easy Walk To Downtown And Bus Routes. Close To Schools, Parks, And The Best Walking Score In Town.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-18 2025-01-17 91 $548,000 - Terminated
2024-08-20 2024-10-17 58 $553,000 - Terminated
2024-07-26 2024-08-20 25 $553,000 - Terminated
2024-04-29 2024-07-24 86 $558,000 - Terminated
2024-04-02 2024-04-30 28 $599,000 - Terminated
2024-03-06 2024-04-03 28 $649,900 - Terminated
2024-03-06 2024-04-03 28 $649,900 - Terminated
2023-12-05 2024-02-24 81 $658,888 - Expired
2016-08-22 2016-09-17 26 $279,900 $265,000 Sold
2022-02-23 2022-02-23 0 $649,900 $765,000 Sold
Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
32' x 75'
Fronting
South
Taxes
$3,362 (2024)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 11.09'
DiningMain14.01' x 10.66'
KitchenMain13.42' x 9.58'
Kitchen2nd7.12' x 14.99'
Br2nd9.42' x 12.40'
Br2nd10.66' x 8.01'
Br2nd11.42' x 8.33'
Br2nd12.40' x 8.01'
Loft3rd16.01' x 22.01'
LivingBsmt10.24' x 16.24'
KitchenBsmt7.41' x 9.32'
BrBsmt10.24' x 10.40'
London Market Statistics
London Price Trend
669 LORNE Ave is a 5-bedroom 3-bathroom home listed for sale at $499,000, which is $733,000 (59.5%) lower than the average sold price of $1,232,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in London increased by $332,675 (37.0%) compared to the previous 30 day period (December 22 - January 20) and up $838,846 (213.4%) from the same time one year ago.
Inventory Change
There were 23 5-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 64.3% compared with the previous 30 day period (December 22 - January 20) and up 666.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($75,920) (6.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $30,572 decrease compared to the previous 30 day period (December 22 - January 20) and ($8,083) 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 5-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 21.7%, down from 57.1% over the previous 30 days (December 22 - January 20) and down from 50,200.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in London stood at 51 days when successfully sold over the last 30 days (January 21 - February 19), compared to 100 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc.
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