London, East M, N5Z 1H6
$569,500
Listed by KING REALTY INC..
Exceptional Investment Opportunity in Old East London. This meticulously maintained property, situated in the vibrant heart of Old East London, presents a compelling investment for both first-time homebuyers and seasoned investors seeking strong returns. Features include a fenced yard, ample parking, and convenient on-site laundry facilities. Each unit is fully equipped generating immediate income from both the main floor and basement. Recent upgrades encompass fresh paint, roof replacement, a high-efficiency furnace, and air conditioning. Its convenient location, within walking distance of Silverwood's Arena, St. Julien Park, schools, shopping, and public transportation, ensures strong rental potential, estimated at approximately $3800 per month. This represents a significant opportunity in a thriving neighborhood.
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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 8 times before. To view this property's sale price history please sign in or register: