Strathroy-Caradoc, NW, N7G 3B3
$574,900
Listed by SUTTON GROUP - SELECT REALTY.
159 Victoria St, Strathroy, ON, offers a prime opportunity with its versatile living arrangements and desirable features. The upper portion of the home features three bedrooms and one bathroom, while the lower level includes an additional bedroom and bathroom, along with separate access points, making it ideal for dual occupancy. Each level is equipped with its own laundry facilities for added convenience. This property is well-suited for multi-generational living, thanks to the separate access to both the upper and lower parts of the home. Additional highlights include over 1500 square feet on both levels, a one-car garage, and a fenced-in backyard, perfect for families or pet owners. Nestled in a great neighborhood, this home offers a blend of comfort and practicality, making it a standout choice for savvy investors. With a combined rental income of $3,350 from its two rental units and one unit being sufficient to offset the mortgage, it presents an ideal investment opportunity.
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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.