74 Barker St

East C, London, N5Y 1X7
FOR SALE
$499,900
74 Barker St, London
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2 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 5
ROOMS
X11939472
MLSID
Contact Us
Property Description
Fantastic Turnkey Investment Opportunity! This well-maintained 2+2 bedroom, 2 bathroom home is situated on a spacious, mature lot. The inviting living and dining area features original hardwood throughout, extending into the main floor bedrooms, and a large bay window that floods the space with natural light. The updated kitchen boasts stainless steel appliances, including a gas stove, a generous pantry, and a beautiful diamond-patterned tile layout perfect for the home chef. Enjoy the spacious backyard with a concrete patio area just off the kitchen, perfect for outdoor entertaining. With parking for 3 cars and two sheds for extra storage, this home offers plenty of convenience and space. The finished basement provides additional living and storage space, including a large utility room with laundry. A separate entrance to the basement adds potential for a granny suite or separate rental unit. Currently leased at $2435/month plus utilities, providing immediate cashflow. Minimum 60 days notice for vacant possession. Located just minutes from Western University, Fanshawe College, downtown, and shopping, this home offers unbeatable accessibility. Updates include main floor windows and steel doors, new flooring in the basement living room, and a brand-new furnace (2024). Don't miss this prime investment in a highly sought-after area! **EXTRAS** FRIDGE, STOVE, DISHWAHER, WASHER & DRYER
Listing History
List Date End Date Days Listed List Price Sold Price Status
2002-04-03 2002-05-31 63 $107,000 - Expired
2020-07-03 2020-07-10 10 $309,900 $412,500 Sold
Property Features
Public Transit, School
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 132'
Acreage
< .50
Fronting
North
Taxes
$2,600 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.84' x 15.12'Hardwood Floor
KitchenMain9.06' x 19.26'Combined W/Dining
Prim BdrmMain10.86' x 10.30'
2nd BrMain9.09' x 11.29'
BathroomMain6.40' x 6.63'4 Pc Bath
3rd BrBsmt8.66' x 10.01'
4th BrBsmt8.92' x 11.58'
LivingBsmt11.42' x 26.02'
BathroomBsmt6.04' x 7.45'3 Pc Bath
LaundryBsmt9.38' x 14.04'
UtilityBsmt4.95' x 9.25'
London Market Statistics
London Price Trend
74 Barker St is a 2-bedroom 2-bathroom home listed for sale at $499,900, which is $104,836 (17.3%) lower than the average sold price of $604,736 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in London increased by $44,081 (7.9%) compared to the previous 30 day period (December 22 - January 20) and up $368,777 (156.3%) from the same time one year ago.
Inventory Change
There were 53 2-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 23.3% compared with the previous 30 day period (December 22 - January 20) and up 657.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($4,420) (0.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,862 increase compared to the previous 30 day period (December 22 - January 20) and ($3,301) 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 2-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 66.0%, down from 104.7% over the previous 30 days (December 22 - January 20) and down from 159,342.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 37 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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