Frontside or backside of a home, the front or back of building for 764 King St, London Ontario N5W 2X4
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Re-listed 184 days ago

764 King St, London, Ontario N5W 2X4

Detached
3
2
- sqft
$499,900
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Detached
3
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,147/mo

Tax Amount (2023)$2,002/yr

Days On Market184 days

Total Days On Market397 days


Description

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces3
MLS ®NumberX10412015
Community NameEast London
Data SourceTRREB
Listing byINITIA REAL ESTATE (ONTARIO) LTD

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Part Fin

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Nov 4, 2024
ListedActive
$499,900
184 days on market
history photo preview17
Listing by trreb®
Property listed by INITIA REAL ESTATE (ONTARIO) LTD, Brokerage
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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

23 days

Compared to

2024

22 days

2023

21 days

2022

9 days

New Listings

Past 30 days

23 listings

Compared to

2024

24 listings

2023

20 listings

2022

29 listings

Units sold

Past 30 days

14 units

Compared to

2024

19 units

2023

17 units

2022

19 units

Median Sold Price

Past 30 days

$450,500

Compared to

2024

$510,000

2023

$499,900

2022

$525,000


Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

20 to 34
31%
50 to 64
22%
35 to 49
19%
0 to 19
16%
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%

Schools and amenities

Estimated Budget