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BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSX9416498
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Property Description
POWER OF SALE , Great investment opportunity 2 1/2 Story Red Brick Victorian Income Earner. 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, Generates $$$$/Mth. Easy Walk To Downtown And Bus Routes. Close To Schools, Parks, And The Best Walking Score In Town.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
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 |
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
32' x 75'
Fronting
South
Taxes
$3,262 (2023)
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.99' x 11.09' | |
Dining | Main | 14.01' x 10.66' | |
Kitchen | Main | 13.42' x 9.58' | |
Kitchen | 2nd | 7.12' x 14.99' | |
Br | 2nd | 9.42' x 12.40' | |
Br | 2nd | 10.66' x 8.01' | |
Br | 2nd | 11.42' x 8.33' | |
Br | 2nd | 12.40' x 8.01' | |
Loft | 3rd | 16.01' x 22.01' | |
Living | Bsmt | 10.24' x 16.24' | |
Kitchen | Bsmt | 7.41' x 9.32' | |
Br | Bsmt | 10.24' x 10.40' |
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London Market Statistics
London Price Trend
669 LORNE Ave is a 5-bedroom 3-bathroom home listed for sale at $548,000, which is $209,714 (27.7%) lower than the average sold price of $757,714 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 5 bedroom home in London declined by $182,411 (19.4%) compared to the previous 30 day period (September 1 - September 30) and up $239,214 (46.1%) from the same time one year ago.Inventory Change
There were 18 5-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 14.3% compared with the previous 30 day period (September 1 - September 30) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($33,085) (4.4%) below asking price over the last 30 days (October 1 - October 30), which represents a $4,502 increase compared to the previous 30 day period (September 1 - September 30) and ($6,495) 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 (October 1 - October 30) stood at 38.9%, up from 38.1% over the previous 30 days (September 1 - September 30) and up from 33.3% 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 33 days when successfully sold over the last 30 days (October 1 - October 30), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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