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Property Description
Welcome home to 77 Blackfriars Street. This well-maintained 4+1 bedrooms in the sought-after Blackfriars district with a separate entrance to the Basement.Investment opportunity with this fully rented property.Located on BLACKFRIARS ST within walking distance to Western University,Downtown and Bus Transit routes.Great income potential and/or owner occupancy. Upper tenants pay $2700 per month and lower tenant pays $815 per month.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
41' x 88'
Fronting
North
Taxes
$4,208 (2023)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 18.14' x 11.38' | |
| Kitchen | Ground | 7.58' x 11.38' |
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London Market Statistics
London Price Trend
77 Blackfriars St is a 4-bedroom 3-bathroom home listed for sale at $673,800, which is $223,150 (24.9%) lower than the average sold price of $896,950 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in London increased by $69,509 (8.4%) compared to the previous 30 day period (March 2 - March 31) and up $38,612 (4.5%) from the same time one year ago.Inventory Change
There were 113 4-bedroom homes listed in London over the last 30 days (April 1 - April 30), which is up 213.9% compared with the previous 30 day period (March 2 - March 31) and up 494.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($22,794) (2.5%) below asking price over the last 30 days (April 1 - April 30), which represents a $5,997 increase compared to the previous 30 day period (March 2 - March 31) and ($723) 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 (April 1 - April 30) stood at 241.6%, up from 75.0% over the previous 30 days (March 2 - March 31) and up from 68.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 27 days when successfully sold over the last 30 days (April 1 - April 30), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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