79 Mcnay St

London, N5Y 1K8
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79 Mcnay St, London
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
11
ROOMS
X4098881
MLSID
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Property Description
L-O-C-A-T-I-O-N..At Its B.E.S.T Investors And Handyman's Dream ,$2075 Rental Income, Live Here And Hv Your Mortgage Paid By Rent. Frhold Duplex In The Most Dmnd Location Of London.Main Flr (2Br+ 1Wr Unit Pays $ 1200 ). And Upperfloor (2 Br + 1 Wr Unit Pays $ 875 ). Both Have Own Ent. & Lndry. Both Tenants Willing To Stay. Close To Fanshawe College , Western University And All Amenties. Showing Between 10 Am - 7 Pm. 24 Hrs Notice Req. As Per Mpec -1824 Sq Ft
Listing History
List Date End Date Days Listed List Price Sold Price Status
2016-09-09 2016-12-05 88 $199,000 - Expired
2016-03-10 2016-08-31 174 $204,900 - Expired
2015-12-18 2016-02-29 73 $209,900 - Expired
2015-09-22 2015-11-30 70 $219,900 - Expired
2019-03-29 2019-05-03 38 $329,000 $310,000 Sold
2014-05-21 2014-06-06 16 $139,888 $124,000 Sold
2018-09-16 2019-01-16 122 $289,000 - Expired
Extras
All Elf's, 2 Fridges, 2 Stoves, 2Washer, 2Dryer,
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Street
City
Property Type
Duplex, 2-Storey
Lot Size
45' x 126'
Lot Irregularities
**Full Co-Operation**
Fronting
West
Taxes
$2,248 (2017)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
London Market Statistics
London Price Trend
79 Mcnay St is a 2-bedroom 2-bathroom home listed for sale at $299,000, which is $284,467 (48.8%) lower than the average sold price of $583,467 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in London declined by $12,355 (2.1%) compared to the previous 30 day period (February 24 - March 24) and down $51,533 (8.1%) from the same time one year ago.
Inventory Change
There were 34 2-bedroom homes listed in London over the last 30 days (March 25 - April 23), which is up 580.0% compared with the previous 30 day period (February 24 - March 24) and up 1,033.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($3,737) (0.6%) below asking price over the last 30 days (March 25 - April 23), which represents a $18,602 increase compared to the previous 30 day period (February 24 - March 24) and ($14,900) more 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 2-bedroom homes in London over the last 30 days (March 25 - April 23) stood at 538.2%, down from 1,200.0% over the previous 30 days (February 24 - March 24) and up from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 23 days when successfully sold over the last 30 days (March 25 - April 23), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Real Estate Inc., Brokerage
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