London, South W, N6E 1L7
$999,000
Listed by GOLD EMPIRE REALTY INC..
This property offers an outstanding investment opportunity for developers, especially given its prime location next to new housing developments. The spacious lot is perfect for a new housing project, with nearby developments indicating likely increases in property values. The existing house, though needing updates, has a solid foundation and can be renovated or redeveloped to meet modern standards. The expansive covered patio and large backyard provide ample opportunities for enhancement, making the property even more attractive. Additionally, the garage includes a sizable workshop area, offering versatile space for various uses. This property combines great investment value with extensive development potential, making it ideal for creating a thriving residential community.
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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: