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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. currently property is occupied by tenant and they are flexible in moving out.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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 (2023)
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 $410,000, which is $538,012 (56.8%) lower than the average sold price of $948,012 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 4 bedroom home in London increased by $114,891 (13.8%) compared to the previous 30 day period (October 3 - November 1) and down $23,188 (2.4%) from the same time one year ago.Inventory Change
There were 152 4-bedroom homes listed in London over the last 30 days (November 2 - December 1), which is down 1.9% compared with the previous 30 day period (October 3 - November 1) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($26,410) (2.8%) below asking price over the last 30 days (November 2 - December 1), which represents a $7,163 decrease compared to the previous 30 day period (October 3 - November 1) and ($30,560) more 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 2 - December 1) stood at 49.3%, up from 46.5% over the previous 30 days (October 3 - November 1) and up from 26.3% 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 42 days when successfully sold over the last 30 days (November 2 - December 1), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Save Max Real Estate Inc.
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