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Property Description
ATTENTION FIRST TIME HOME BUYERS & INVESTORS. Charming 4-Bedroom Bungalow with Commercial Zoning in Prime Location. This spacious 4-bedroom bungalow offers a unique blend of residential comfort and commercial opportunity .Located in a highly sought-after area, this property boasts a single well-maintained washroom, making it an ideal fit for both families and businesses alike. Commercial Zoning Approved Perfect for business ventures or investment. Situated in a thriving neighborhood with easy access to amenities and transportation. Currently rented $2800, providing immediate income with great potential for more. Freshly painted kitchen, ready for your personal touch. Includes two parking spots, Dont miss out on this excellent investment.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-25 | 2024-12-13 | 49 | $410,000 | - | Terminated |
| 2024-08-21 | 2024-10-23 | 63 | $399,000 | - | Terminated |
| 2023-10-18 | 2024-01-04 | 83 | $480,000 | - | Expired |
| 2022-09-08 | 2022-11-21 | 74 | $449,000 | - | Terminated |
| 2023-10-13 | 2024-01-04 | 83 | $480,000 | - | Expired |
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
34' x 160'
Acreage
< .50
Fronting
West
Taxes
$4,135 (2024)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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London Market Statistics
London Price Trend
713 ADELAIDE St N is a 4-bedroom 1-bathroom home listed for sale at $440,000, which is $458,664 (51.0%) lower than the average sold price of $898,664 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 4 bedroom home in London increased by $19,181 (2.2%) compared to the previous 30 day period (October 18 - November 16) and up $88,664 (10.9%) from the same time one year ago.Inventory Change
There were 128 4-bedroom homes listed in London over the last 30 days (November 17 - December 16), which is down 14.1% compared with the previous 30 day period (October 18 - November 16) and up 753.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($23,654) (2.6%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,887 increase compared to the previous 30 day period (October 18 - November 16) and ($21,166) 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 (November 17 - December 16) stood at 48.4%, down from 57.0% over the previous 30 days (October 18 - November 16) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in London stood at 58 days when successfully sold over the last 30 days (November 17 - December 16), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Save Max Real Estate Inc.
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