A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 1171 Oxford St, London East Ontario N5Y 3L7
3 hours on Market

1171 Oxford St, London East, Ontario N5Y 3L7

Detached
4 + 2
3
~700-1100 sqft
$574,999
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Detached
4 + 2
3
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$672/sqft

Est. Mortgage$2,469/mo

Tax Amount (2024)$4,109/yr

Days On Market3 hours


Description

Discover a prime investment opportunity with this detached bungalow on a high-exposure corner lot just minutes from Fanshawe College. This property features three self-contained units, including a main floor with four bedrooms, a kitchen, and a 3-piece bathroom, plus a basement unit with two bedrooms, a kitchen, and a 3-piece bathroom, offering a total rent potential of $5,000/month. Surrounded by commercial plazas and benefiting from unique zoning that allows certain business uses, this property is perfect for investors, entrepreneurs, or multi-generational families looking to generate income now and explore commercial development in the future. With strong tenant demand, proximity to major amenities, and endless potential, this is an exceptional opportunity you wontwanttomiss.


Property Details

StyleBungalow
ViewCity
Age of property51-99
SqFt~700-1100 SqFt
Lot Size4,650 SqFt(116.25 x 40)
Parking Spaces3
MLS ®NumberX12151461
Community NameCarling
Data SourceTRREB
Listing byHOUSEEO REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Features

Lot size: 4,650 SqFt

Parking

Garage spaces 1

Garage type Carport

Other parking spaces 2

Total parking spaces 3


Property listed by HOUSEEO REALTY, Brokerage
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Market Data - Carling

Geo Zone Map ThumbnailCarling

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

15 days

2023

13 days

2022

8 days

New Listings

Past 30 days

31 listings

Compared to

2024

29 listings

2023

22 listings

2022

25 listings

Units sold

Past 30 days

10 units

Compared to

2024

19 units

2023

18 units

2022

14 units

Median Sold Price

Past 30 days

$519,850

Compared to

2024

$528,000

2023

$567,250

2022

$621,250


Population and Demographics

Overview

Total population 18701
Average household income $82,796

Age (%)

20 to 34
31%
0 to 19
21%
35 to 49
19%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Others
6%
Nepali
3%
Malayalam
3%
Spanish
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget