358 Briarhill Ave

London, N5Y 1N9
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358 Briarhill Ave, London
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4 + 3
BEDROOMS
3
BATHROOMS
3
KITCHENS
4 + 4
ROOMS
X3956082
MLSID
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Property Description
Flexible Possession.Investment Opportunity.Legal Duplex ,Fantastic Rental Or Owner Occupied With Income . Two Fully Self Contained Apartments:Main Floor Unit Has 2 Bedrooms,Currently Rent 1050.0 Per Month (All Inclusive).Upper Has Two Bedrooms With Balcony Rented For 1000.0 Per Month (All Inclusive).Great Tenants.Hardwood Floors &Central Air.Finished Lower Level Has 3 More Rooms And 3 Pic Bath. Separate Entrance To Lower Level.Huge Lot Big Potentail
Listing History
List Date End Date Days Listed List Price Sold Price Status
2011-08-25 2011-09-30 36 $900 $900 Leased
2016-09-01 2016-11-08 68 $295,000 - Terminated
2016-06-09 2016-08-02 54 $345,000 - Terminated
Extras
Steps To Bus Stop With Route To Fanshawe College And Uwo.Updates Include :Furnace 2006,Roof Re-Shingled 2012,Air Conditioner 2008,Electrial Panel Upgrade 2007. All Stoves , Fridges,Washer And Dryer.
Property Details
City
Property Type
Duplex, 2-Storey
Lot Size
60' x 249'
Fronting
East
Taxes
$3,338 (2016)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Other
London Market Statistics
London Price Trend
358 Briarhill Ave is a 4-bedroom 3-bathroom home listed for sale at $359,000, which is $493,728 (57.9%) lower than the average sold price of $852,728 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 4 bedroom home in London declined by $46,449 (5.2%) compared to the previous 30 day period (February 22 - March 22) and up $78,828 (10.2%) from the same time one year ago.
Inventory Change
There were 81 4-bedroom homes listed in London over the last 30 days (March 23 - April 21), which is up 118.9% compared with the previous 30 day period (February 22 - March 22) and up 237.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,030) (2.3%) below asking price over the last 30 days (March 23 - April 21), which represents a $4,551 increase compared to the previous 30 day period (February 22 - March 22) and ($910) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in London over the last 30 days (March 23 - April 21) stood at 101.2%, down from 310.8% over the previous 30 days (February 22 - March 22) and up from 41.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 34 days when successfully sold over the last 30 days (March 23 - April 21), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Master`S Choice Realty Inc., Brokerage
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