For Sale

159 St James Street, London, Ontario N6A1W6

$1,198,000

159 St James Street, London, Ontario N6A1W6 is For Sale and has a listing price of 1,198,000. The property is located in the North London neighbourhood. It's been on the website for 38 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 7
    Bedrooms
  • 6
    Bathrooms
  • Attached Garage
    Parking
  • 9
    Parking Spaces
  • MLS ID: X10432559
  • Office Name CENTURY 21 FIRST CANADIAN CORP
Property Description

Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways – plenty of parking for tenants. This property is running a %7.0 CAP rate in a phenomenal student area with the opportunity to increase the other 4 units rental income for an even higher CAP rate. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don’t miss out on this excellent chance to own a solid income-generating property in a sought-after area! **** EXTRAS **** Please see Sales Brochure URL for more photos and floor plans with all room measurements. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 7
  • MLS ID: X10432559
  • Bathrooms: 6
  • Price: $1,198,000
  • Transaction Types: For Sale
  • Ref ID: 27669088
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
11/20/2024 X10432559 $1,198,000 For Sale - -
10/01/2024 X9376402 $1,049,900 Terminated 03/31/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Kitchen - Second 2.69 m x 2.56 m
Eating area - Second 3.57 m x 4.22 m
Bedroom - Second 3.86 m x 2.54 m
Laundry room - Third 1.96 m x 3.21 m
Bedroom - Third 3.61 m x 3.74 m
Bedroom - Third 3.61 m x 2.8 m
Bedroom - Third 4.93 m x 4.54 m
Kitchen - Basement 4.5 m x 3.95 m
Living room - Main 3.94 m x 5.34 m
Kitchen - Main 3.86 m x 6.92 m
Bedroom - Main 4.39 m x 4.8 m
Family room - Main 4.93 m x 8.88 m
Neighborhood Stats
North London
  • $913,665 Average List Price
    based on 1 year
  • 11 New Listings
    based on 30 days
  • 73 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.97 % Up
  • Sold (12mo) 63
  • Rented (12mo) 9

  • 1 Month Change -2.6%
  • 3 Month Change -16.5%
  • 6 Month Change -30.5%
Walkscore
  • 88 Walk Score
    Very Walkable
  • 66 Transit Score
    Good Transit
  • 90 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    74.71%
  • Commercial
    4.21%
  • Condo
    20.69%
  • Land for Sale
    0.38%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 9
  • Property Features Cul-de-sac
  • Fireplace False
  • Parking Attached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 20/11/2024 00:00:00
  • Zoning R-c1
  • Agent Name: ANDREW STINSON
  • Last Updated: 25/11/2024 14:50:29
Open House Dates
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