514-516 Philip Street For Sale

London, East K, N6B 1A2

$449,900

Description

Listed by ROYAL LEPAGE TRILAND REALTY.

This home is located on a quiet dead end street close to downtown, and many amenities. Divided into 2 units, Unit 514 is the smaller unit, and it features 1 bedroom, 1 bathroom, and is currently rented month to month for $1,150 inclusive. The larger unit, Unit 516, features 3 bedrooms, 1.5 bathrooms, and is a 2 floor unit currently rented month to month for $1,500 inclusive. Both units have separate access to shared laundry in the basement. Both units underwent renovations fairly recently. Other updates include: furnace, roof, windows and concrete front step, exterior siding, and fence in the backyard. The shared driveway leads to parking in the back. A great opportunity for someone looking to get into the property market, or add to their portfolio.

Location

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  • Address: 514-516 Philip Street
  • Neighborhood: East K
  • City: London
  • State: Ontario
  • Postal Code: N6B 1A2

Property Details

  • Property ID: X8447122
  • Property Price: $449,900
  • Style: Detached, 1 1/2 Storey
  • Rooms: 9
  • Bedrooms: 4
  • Bath: 3
  • Parking Spaces: 2
  • A/C: Central Air
  • Basement: Part Bsmt, Unfinished
  • Den: Y
  • Exterior: Wood
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,790.45 (2023)
  • Acreage: < .50 Acres
  • Lot: 110.00x40.00 (Feet)

Room details and dimensions

Statistics for similar Detached homes in East K

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.

Average days on market for similar Detached homes in East K

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.

Number of transactions for similar Detached homes in East K

Property History

This property has been sold 9 times before. To view this property's sale price history please sign in or register:


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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 370 - 0992

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