A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 360 Stratton Dr, London East Ontario N5W 4Z7
20 hours on Market

360 Stratton Dr, London East, Ontario N5W 4Z7

Townhouse
8
4
~2500-3000 sqft
$759,999
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Townhouse
8
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market20 hours

Estimated valueNot available

Price/Sqft$278/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$445K

Median sold price*

*Based on last 30 days

Description

This solid brick 4 plex needs updates, renos and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The buyers can view one unit , and have a condition in the offer to purchase subject to inspection of other units. The subject property is built as a one-storey fourplex( quad style). A $50,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds and a four-piece bath along with full, partially finished basement levels. The basement levels include laundry, mechanical and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original along with the original hardwood flooring and cosmetically dated and average or below average overall condition. The roof shingles were newer improvements along with various windows, along with two of the four furnaces. The property has 3 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750 and $750, combining to $1940 monthly and $23,280 annually with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~2500-3000 SqFt
Lot Size9,375 SqFt(125 x 75)
Parking Spaces5
MLS ®NumberX12319670
Community NameArgyle
Data SourceTRREB
Listing byRE/MAX CENTRE CITY REALTY INC.

Features

Heating: Forced Air
Basement: Full, Part Bsmt

Main Floor

Living

4.67 x 3.53

Kitchen

4.14 x 3.48

Primary

3.7 x 3.48

Rec

5.0 x 3.35


Features

Lot size: 9,375 SqFt

Parking

Garage spaces 1

Garage type Other

Other parking spaces 4

Total parking spaces 5


Market Data - Argyle

Geo Zone Map ThumbnailArgyle

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

48 days

Compared to

2024

50 days

2023

10 days

2022

25 days

New Listings

Past 30 days

6 listings

Compared to

2024

7 listings

2023

2 listings

2022

4 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$589,000

Compared to

2024

$445,000

2023

$450,000

2022

$400,000


Population and Demographics

Overview

Total population 24680
Average household income $92,644

Age (%)

0 to 19
22%
20 to 34
24%
35 to 49
18%
50 to 64
21%
65 and plus
15%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
6%
Portuguese
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget