Home with brick exterior material, street for 361 Ashland Ave, London East Ontario N5W 4E9
Re-listed 3 days ago

361 Ashland Ave, London East, Ontario N5W 4E9

Detached
5 + 1
3
~1100-1500 sqft
$•••,•••
$459,000
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Up to
$2,295Cashback
Detached
5 + 1
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market3 days

Total days on market
51 days

Estimated valueNot available

Price/Sqft$362/sqft

Monthly cost

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CMA Subject Property

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+14

Properties sold*

$476K

Median sold price*

*Based on last 30 days

Description

Great opportunity for first time home buyers and investors in a highly sought-after location just minutes from Downtown, Fanshawe College, Western University, and steps from a bus stop for easy commuting. Upper Floor offers 3 bedrooms with individual room locks and a full washroom. Main floor comes with another full washroom and a kitchen equipped with two refrigerators, dishwasher, microwave, and an oven. The main floor also has a living room and a dining room which can also be readily used as two additional rooms, depending on rental needs. The house has a private 1-bedroom basement with separate entrance, living room, kitchen, and full washroom. Additional features include a laundry room accessible from both upstairs and basement, smart CCTV security, a new air conditioner installed in July 2024, and parking for up to 3 vehicles. With a potential rental income of around $5,000 /month, this property offers strong cash flow and flexibility perfect for investors or homeowners seeking a mortgage helper. Dont miss this income-generating gem in a central and convenient location!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size2,411 SqFt(73 x 33.04)
Parking Spaces3
MLS ®NumberX12254517
Community NameEast London
Data SourceTRREB
Listing byCENTURY 21 HERITAGE GROUP LTD.

Features

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

Bsmt Floor

Kitchen

4.5 x 2.5

Living

3.9 x 3.0

Br

3.2 x 2.1


Features

Lot size: 2,411 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Market Data - East London

Geo Zone Map ThumbnailEast London

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

16 days

2023

11 days

2022

12 days

New Listings

Past 30 days

27 listings

Compared to

2024

31 listings

2023

30 listings

2022

24 listings

Units sold

Past 30 days

13 units

Compared to

2024

14 units

2023

12 units

2022

10 units

Median Sold Price

Past 30 days

$474,500

Compared to

2024

$475,950

2023

$510,750

2022

$497,500


Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

0 to 19
16%
20 to 34
31%
35 to 49
19%
50 to 64
22%
65 and plus
13%

Household composition (%)

Single person
45%
Single family
45%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
Spanish
3%
Portuguese
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget