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BEDROOMS1
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KITCHENS6
ROOMSX10441567
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Property Description
Located at 748 Quebec St., this well-positioned bungalow offers convenient access to major bus routes and is mere minutes from Fanshawe College and Downtown. The property's highlights include two bedrooms, one bathroom, a spacious main floor, covered front porch, rear yard, and a detached garage featuring electrical service capacity and a wood stove. A dream come true for mechanics! To access, turn onto Salisbury, then left at the shared lane-way; the property is situated at the end on the left. Room measurements are approximate and should be confirmed by the purchaser.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2017-05-01 | 2017-06-17 | 59 | $195,900 | $182,500 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
33' x 152'
Lot Irregularities
33.23 X 152.25
Fronting
East
Taxes
$2,769 (2024)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.32' x 23.20' | |
| Br | Main | 10.56' x 11.75' | |
| Br | Main | 15.16' x 11.48' | |
| Kitchen | Main | 7.97' x 12.24' | |
| Bathroom | Main | 9.32' x 7.97' | 4 Pc Bath |
| Workshop | Main | 16.31' x 24.31' |
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London Market Statistics
London Price Trend
748 QUEBEC St is a 2-bedroom 1-bathroom home listed for sale at $249,900, which is $283,067 (53.1%) lower than the average sold price of $532,967 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom home in London declined by $6,627 (1.2%) compared to the previous 30 day period (September 24 - October 23) and up $121,967 (29.7%) from the same time one year ago.Inventory Change
There were 60 2-bedroom homes listed in London over the last 30 days (October 24 - November 22), which is down 24.1% compared with the previous 30 day period (September 24 - October 23) and up 500.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($8,581) (1.6%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,465 decrease compared to the previous 30 day period (September 24 - October 23) and ($25,450) 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 2-bedroom homes in London over the last 30 days (October 24 - November 22) stood at 106.7%, up from 74.7% over the previous 30 days (September 24 - October 23) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in London stood at 27 days when successfully sold over the last 30 days (October 24 - November 22), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Team Glasser Real Estate Brokerage Inc.
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****POWER OF SALE**** This 3-bedroom, 2-bathroom property is a blank canvas, fully gutted down to the studs and awaiting your finishing touches. With a generous lot size and flexible zoning that permits both residential and various commercial uses (details on zoning available upon request), this is an incredible opportunity for developers, renovators, or investors. Ideal for those seeking forced appreciation and long-term cash flow, this project also offers huge upside for first-time homebuyers looking to customize their home and build equity. Don't miss out on this versatile investment with major potential! ~ Buyers to complete their own due diligence for zoning and permissions.
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