Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, East F, N6B 2W4
$747,000
Listed by EXP REALTY.
This hidden gem punctuates the neighbourhood in Historic Downtown Woodfield; a turnkey renovated triplex / three unit 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to six cars. Lord Roberts Public School and London Central Secondary School are within walking distance making this a great income property or the perfect multigenerational family home featuring three spacious bedrooms, two bathrooms, a full kitchen, kitchenette and laundry in the back. The home also features a legal two bedroom upper apartment w/ separate entrance and dedicated laneway and a one bed and one bath private front unit making it the perfect mortgage-helper or investment opportunity. Currently the main level rear three bedroom unit with two full baths and in suite laundry is rented with a recent lease for $1999/month; while the upper two bedroom unit and front one bedroom unit are currently vacant. The owners are projecting for the main level front one bedroom unit to rent for $1599/month and the upper two bedroom unit to rent out for $1399/month. The configuration would allow the main level two units to be opened up into a single oversized shared space. This property was operated as a succesful short term rental previously and would be well suited for an owner to occupy the upperor front unit and short term rent the main unit. It also presents the oppurtunity for an in demand midterm or long term rental with the flexibility to place profesionals, families or students. As Woodfield continues to develop and become a more and more souight after neighbourhood, secure your piece of history for the inevitable appreciation of the future.
Unit #1 has 8 rooms -3 bedrooms, 2 baths (3 piece and 4 piece) & unfinished basement; Unit #2 has 3 rooms - 1 bedroom, 1 bath (3 pc); Unit #3 has 6 rooms - 2 bedrooms, 1 bath (3 pc); PropTx only allows 12 rooms to be reflected; has 17 rooms
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 11 times before. To view this property's sale price history please sign in or register: