8 Bruce St

South F, London, N6C 1G4
FOR SALE
$699,000
8 Bruce St, London
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4 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
12 + 2
ROOMS
X11998732
MLSID
Contact Us
Property Description
This property is located in a great location, just a short drive to Downtown London, Springbank park and Wortley Village. It is also on a direct Bus route to Western University and close to shopping and fine restaurants. This rental property has excellent income, with the main floor tenants paying $2500, upper unit paying $1500 and the lower level paying $1200. Many recent updates on all 3 levels. All 3 units have their own laundry. There is parking in the front. The backyard is fenced and the upper floor tenant has a deck and a loft with a bedroom/den.
Property Features
Public Transit, School, School Bus Route
Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
30' x 108'
Fronting
North
Taxes
$3,948 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Front Yard
Garage Type
Other
Room Summary
RoomLevelSizeFeatures
LivingGround10.83' x 12.80'
KitchenGround9.51' x 14.11'
BrGround9.51' x 10.50'
2nd BrGround11.15' x 11.15'
Family2nd10.50' x 17.39'
Kitchen2nd10.50' x 10.50'
Prim Bdrm2nd8.53' x 18.04'
2nd Br2nd11.81' x 14.44'
Den2nd10.50' x 16.08'
KitchenBsmt9.51' x 12.47'
KitchenBsmt9.51' x 10.17'
BrBsmt9.51' x 17.06'
London Market Statistics
London Price Trend
8 Bruce St is a 4-bedroom 3-bathroom home listed for sale at $699,000, which is $277,034 (28.4%) lower than the average sold price of $976,034 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in London increased by $81,067 (9.1%) compared to the previous 30 day period (December 22 - January 20) and up $593,150 (154.9%) from the same time one year ago.
Inventory Change
There were 157 4-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 38.9% compared with the previous 30 day period (December 22 - January 20) and up 946.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,736) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,133 increase compared to the previous 30 day period (December 22 - January 20) and ($5,311) 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 (January 21 - February 19) stood at 35.0%, down from 71.7% over the previous 30 days (December 22 - January 20) and down from 105,113.3% 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 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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