London, N6B 2R5
$549,000
Listed by STREETCITY REALTY INC..
First time on the market in over 50 years! This cute red brick raised ranch sits on a huge lot, 48 X 144 ft with R3-2(6) zoning, one block from Victoria Park, a great location and plenty of development opportunities. Sellers are selling as is as have never lived there. It's always been leased so definitely needs some updating, but huge potential. This could be a great family home, one block to Victoria Park, or duplex or triplex potential. Roof replaced approximately 7 years ago, and newer furnace. Currently vacant, so immediate possession is possible. Parking is off the laneway to the left of the house. Two bay windows on the main floor with a beautiful stone surround fireplace ( fireplace as is). Please allow 12 hour irrevocable on all offers, as one of the sellers lives in BC.
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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.
