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BEDROOMS3
BATHROOMS3
KITCHENS14
ROOMSX9387608
MLSIDContact Us
Property Description
Amazing Opportunity with this fully legal triplex at 7 Marmora. The large 2 bedroom unit is vacant with space to add a third bedroom for additional rental income. Meanwhile, the other two well-maintained 1-bedroom units are currently occupied by reliable A+ tenants. Nestled on a quiet street, this property boasts a generous 165-foot deep lot with ample parking and a good-sized backyard to enjoy. ESA and Final Building Permit completed after recent updates. Conveniently located near parks, downtown, shops, and Victoria Hospital, this triplex is perfectly situated to enjoy all the amenities the area has to offer. Whether you choose to move in and have the other 2 units be the perfect mortgage helper or rent out the vacant unit for great cash flow, this property is a fantastic investment. Act fast and book your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2012-03-02 | 2012-06-30 | 121 | $139,500 | - | Expired |
| 2011-10-31 | 2012-02-29 | 123 | $139,500 | - | Expired |
| 2011-02-25 | 2011-05-03 | 69 | $164,900 | - | Expired |
Property Features
Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
35' x 165'
Acreage
< .50
Fronting
West
Taxes
$2,265 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.28' x 13.98' | |
| Dining | Main | 12.60' x 11.35' | |
| Kitchen | Main | 12.20' x 8.10' | |
| 2nd Br | 2nd | 9.28' x 11.15' | |
| Prim Bdrm | 2nd | 12.47' x 13.45' | W/I Closet |
| Living | Bsmt | 10.37' x 11.98' | |
| Kitchen | Bsmt | 7.28' x 11.98' | |
| Prim Bdrm | Bsmt | 12.93' x 10.30' | |
| Living | Main | 11.22' x 11.52' | |
| Kitchen | Main | 11.65' x 20.80' | |
| Br | Main | 7.19' x 11.52' |
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London Market Statistics
London Price Trend
7 Marmora St is a 4-bedroom 3-bathroom home listed for sale at $579,900, which is $303,074 (34.3%) lower than the average sold price of $882,974 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in London increased by $4,873 (0.6%) compared to the previous 30 day period (September 22 - October 21) and down $178,526 (16.8%) from the same time one year ago.Inventory Change
There were 143 4-bedroom homes listed in London over the last 30 days (October 22 - November 20), which is down 1.4% compared with the previous 30 day period (September 22 - October 21) and up 741.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($25,818) (2.9%) below asking price over the last 30 days (October 22 - November 20), which represents a $4,415 decrease compared to the previous 30 day period (September 22 - October 21) and ($14,450) 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 (October 22 - November 20) stood at 63.6%, up from 42.8% over the previous 30 days (September 22 - October 21) and up from 23.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 31 days when successfully sold over the last 30 days (October 22 - November 20), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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