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Property Description
Legal duplex in central location vacant possession with flexible closing. This home is situated on a large corner lot. It is fully fenced and has two separate driveways and a detached 20 X 25 garage. Keep as a duplex as an income property, rent out one portion or maintain as a large family home. The main floor features two good sized bedrooms with the original hardwood floors, a large family room with stained glass window, a four piece bathroom with laundry, and an additional area that was set up as a den and office area but could easily be converted to an additional bedroom. The basement is full (unfished) with high ceilings and will satisfy all of your storage needs. A separate entrance from the right side of the house lease to the upper apartment. It features an eat in kitchen, a 4 piece bathroom with laundry, a spacious family room and one large bedroom with built ins and a separate room for storage. The roof was replaced in 2023. The first driveway will hold 3 cars and has a drivethru to the back yard. The second driveway hold one vehicle, with additional room in the 20 X 25 garage.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-11 | 2022-09-15 | 66 | $535,000 | - | Expired |
| 2022-09-20 | 2022-11-10 | 51 | $469,900 | $435,000 | Sold |
Property Features
Park, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
53' x 120'
Fronting
South
Taxes
$2,879 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 7.84' x 8.27' | 4 Pc Bath |
| Br | Main | 8.53' x 9.42' | |
| Br | Main | 12.17' x 12.73' | |
| Office | Main | 9.06' x 11.55' | |
| Kitchen | Main | 11.15' x 14.76' | |
| Living | Main | 11.75' x 17.62' | |
| Den | Main | 7.81' x 11.68' | |
| Bathroom | 2nd | 7.25' x 8.04' | 4 Pc Bath |
| Family | 2nd | 12.70' x 17.16' | |
| Kitchen | 2nd | 11.19' x 13.55' | |
| Prim Bdrm | 2nd | 11.81' x 15.16' | |
| Other | 2nd | 5.35' x 9.06' |
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London Market Statistics
London Price Trend
793 Nelson St is a 4-bedroom 2-bathroom home listed for sale at $479,900, which is $449,010 (48.3%) lower than the average sold price of $928,910 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $43,750 (4.9%) compared to the previous 30 day period (July 20 - August 18) and up $96,910 (11.6%) from the same time one year ago.Inventory Change
There were 145 4-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 559.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($40,513) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,612 decrease compared to the previous 30 day period (July 20 - August 18) and ($30,444) 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 (August 19 - September 17) stood at 47.6%, down from 58.6% over the previous 30 days (July 20 - August 18) and up from 36.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 38 days when successfully sold over the last 30 days (August 19 - September 17), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc.
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