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Property Description
Welcome to 893 Queens Avenue - A fantastic duplex offering versatility, income potential, and a prime location near some of London's most exciting attractions. The main level unit features a spacious two level layout with a total of two bedrooms, including an upper-level primary bedroom complete and full bath, and a second bedroom conveniently located on the main floor. A 2-piece bathroom on the main level provides functionality with the potential to be upgraded to a 4-piece for added convenience. This unit boasts main floor laundry, freshly painted interior, and a well-appointed kitchen thats perfect for everyday living. With two separate entrances and a basement providing ample storage, the main floor unit is vacant and move-in ready. The upper-level unit is a cozy 1-bedroom apartment, currently tenant-occupied, providing immediate rental income. It's ideal for tenants seeking a simple, low-maintenance living space. Situated on a deep lot, this property offers plenty of parking and space requirements for an additional dwelling unit (ADU), presenting an excellent opportunity to expand with a third or even fourth unit or potential second building at the rear of the lot. Located steps from the Western Fair District, this home is close to the artisan market, raceway track, casino, sports complex, and the vibrant 100 Kellogg area, which includes The Factory, Powerhouse Brewery, and other unique attractions. Whether you're an investor or looking for a multi-functional property, 893 Queens Avenue is a rare investment opportunity in a highly desirable location. Book your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-04-12 | 2022-04-19 | 7 | $550,000 | $680,000 | Sold |
| 2013-07-23 | 2013-08-24 | 32 | $209,000 | - | Terminated |
Property Features
Arts Centre, Fenced Yard, Other, Place Of Worship, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
35' x 204'
Acreage
< .50
Fronting
North
Taxes
$4,074 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Ground | 89.99' x 131.99' | Closet |
| Den | Ground | 123.00' x 158.01' | Irregular Rm, Window, O/Looks Frontyard |
| Foyer | Ground | 48.00' x 74.02' | Closet |
| Living | Ground | 114.01' x 177.99' | |
| Kitchen | Ground | 183.01' x 137.99' | Staircase |
| Other | Ground | 27.00' x 47.01' | Combined W/Kitchen |
| Bathroom | Ground | 102.00' x 91.99' | 2 Pc Bath, Combined W/Laundry, Closet |
| 2nd Br | 2nd | 100.98' x 235.01' | , O/Looks Backyard |
| Bathroom | 2nd | 79.99' x 56.99' | 3 Pc Bath |
| Other | 2nd | 35.99' x 96.00' | L-Shaped Room, Staircase |
| Other | 2nd | 39.01' x 37.99' | L-Shaped Room, Staircase |
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London Market Statistics
London Price Trend
893 Queens Ave is a 3-bedroom 3-bathroom home listed for sale at $749,000, which is $122,140 (19.5%) higher than the average sold price of $626,860 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in London declined by $6,372 (1.0%) compared to the previous 30 day period (September 24 - October 23) and up $11,460 (1.9%) from the same time one year ago.Inventory Change
There were 219 3-bedroom homes listed in London over the last 30 days (October 24 - November 22), which is down 22.9% compared with the previous 30 day period (September 24 - October 23) and up 682.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($12,658) (2.0%) below asking price over the last 30 days (October 24 - November 22), which represents a $163 increase compared to the previous 30 day period (September 24 - October 23) and ($12,625) 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 3-bedroom homes in London over the last 30 days (October 24 - November 22) stood at 85.4%, up from 76.1% over the previous 30 days (September 24 - October 23) and up from 71.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 24 - November 22), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with The Realty Firm Inc.
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