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Property Description
Attention Investors and First Time Home Buyers! Welcome to this spacious 4-bedroom bungalow with AC4 Commercial Zoning, offering a unique opportunity for both residential living and business use. Ideally located in a well-connected neighborhood, this property provides easy access to public transit, shopping, dining, and major institutions such as Western University and Fanshawe College. This well-maintained home features a freshly painted interior, new kitchen cabinets and countertops, and a functional layout that suits commercial and residential needs. The walk-out basement leads to a large backyard, perfect for outdoor gatherings or future development potential. Additional highlights include two designated parking spaces and a strong rental history, with the property previously leased for $2,800/month. With its prime location, flexible zoning, and recent updates, this property is an excellent choice for homeowners, investors, or entrepreneurs. Don't miss out on this rare opportunity-schedule your showing today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-13 | 2025-02-07 | 56 | $440,000 | - | Terminated |
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
Fenced Yard, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
34' x 160'
Fronting
West
Taxes
$4,452 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.09' x 18.77' | Window |
Dining | Main | 9.68' x 8.83' | Window |
Kitchen | Main | 13.68' x 12.01' | Renovated |
Foyer | Main | 4.99' x 10.50' | |
Br | Main | 13.42' x 10.63' | |
Br | Main | 9.91' x 8.50' | |
Br | Main | 1,007.22' x 11.32' | |
Br | Main | 9.68' x 10.01' |
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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 $449,000, which is $527,034 (54.0%) lower than the average sold price of $976,034 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in London increased by $81,067 (9.1%) compared to the previous 30 day period (December 22 - January 20) and up $593,150 (154.9%) from the same time one year ago.Inventory Change
There were 157 4-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 38.9% compared with the previous 30 day period (December 22 - January 20) and up 946.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,736) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,133 increase compared to the previous 30 day period (December 22 - January 20) and ($5,311) 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 (January 21 - February 19) stood at 35.0%, down from 71.7% over the previous 30 days (December 22 - January 20) and down from 105,113.3% 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 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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