Semi-Detached House for sale at 635 Grand View Avenue, London, South K, N6K 3G1 - MLS: X12048100

635 Grand View Avenue For Sale

London, South K, N6K 3G1

$899,900

Description

Listed by KELLER WILLIAMS LIFESTYLES.

Wonderful opportunity for investors, multi-generational families and those looking for a mortgage helper in Byron, one of London's most coveted neighborhoods. The cap rate for the property is well above 7%. The main unit would rent between $3,000-$3,500/month based on recent comparables. Two one bedroom units in the basement are currently generating $2,480/month total in rent. Upstairs unit is a 4 bedroom, 3 bathroom home with generous sized rooms, breathtaking cathedral ceilings, built in appliances, a gourmet over-sized chefs fridge, brick fireplace, skylights, custom counter-tops, a gorgeous deck and more. The massive 2 car garage, ample storage throughout the home as well as extra space downstairs in the mechanical room add even more storage for the main unit. This amazing property is merely steps away from Boler Mountain, with the ski lift visible as you come around the bend to pull into home. Close-by parks like Scenic View and Grand View provide all sorts of activities for the outdoor and nature lover in you. With great neighborhood appeal to renters and very few options, this property rents easily and the basement residential units are currently rented below market value. Check out the pictures, take a 3D virtual tour and book your showing today.

3x Fridge, Stove, 2x Built-in Stovetop, Built-in Oven, 2x Washer, 2x Dryer, 3x Rangehood, Built-in Microwave, Light Fixtures, Window Coverings

Location

View Map

Address: 635 Grand View Avenue
Neighborhood: South K
City: London
State: Ontario
Postal Code: N6K 3G1

Property Video

Property Details

Property ID: X12048100
Property Price: $899,900
Style: Triplex, 2-Storey
Sq/Ft: 2500-3000
Rooms: 10+4
Bedrooms: 4+2
Bath: 5
Garages Spaces: 2
Garage: Attached
Parking Spaces: 5
Year Built: 31-50
A/C: Central Air
Basement: Apartment, Sep Entrance
Central Vac.: Y
Den: Y
Exterior: Vinyl Siding, Brick
Heating: Forced Air
Fireplace: Y
Taxes: $5,420.00 (2024)
Acreage: < .50 Acres
Lot: 118x52 (Feet)

Room details and dimensions

Living

Size: 12.29
Width: 3.51
Length: 3.5

Dining

Size: 8.61
Width: 3.0
Length: 2.87

Kitchen

Size: 29.93
Width: 7.23
Length: 4.14

Family

Size: 21.20
Width: 5.12
Length: 4.14

Laundry

Size: 9.68
Width: 5.5
Length: 1.76

Primary

Size: 33.58
Width: 6.36
Length: 5.28

2nd Br

Size: 11.49
Width: 3.34
Length: 3.44

3rd Br

Size: 11.42
Width: 3.33
Length: 3.43

4th Br

Size: 8.79
Width: 2.93
Length: 3.0

Bathroom

Size: 12.56
Width: 3.04
Length: 4.13

Bathroom

Size: 14.52
Width: 3.81
Length: 3.81

Statistics for similar Triplex homes in South 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 Triplex homes in South 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 Triplex homes in South K

Property History

This property has been sold 6 times before. To view this property's sale price history please sign in or register:

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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