Patio, street for 197 Clarence St, London East Ontario N6B 2J8
17 mins on Market

197 Clarence St, London East, Ontario N6B 2J8

Townhouse
5
2
~1500-2000 sqft
$499,999
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$2,500Cashback
Townhouse
5
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market17 mins

Estimated valueNot available

Price/Sqft$291/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$1.5M

Median sold price*

*Based on last 30 days

Description

LEGAL & LICENSED Front/Back 5 Bedroom DUPLEX in the growing SOHO neighbourhood just minutes from Wortley Village and Downtown London. Ideal for first time homebuyers looking for mortgage help or investors looking to grow their portfolio. Front unit currently leased for $1,490 plus hydro. The rear 2 bedroom unit is renovated and VACANT ready for a new owner or pick your own tenants! An investment that makes sense with today's interest rates! Run the numbers and make an offer before this TURNKEY property is gone! Don't judge a book by its cover, this property is much larger then it looks! The front unit offers 3 spacious bedrooms, an updated bathroom with in-suite laundry and generous living spaces. The back unit was updated with LVP flooring throughout and offers 2 spacious bedrooms, an updated bathroom and in-suite laundry. There are 3 parking spots on the driveway and one in the garage currently rented by the front unit.


Property Details

StyleBungalow
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size4,251 SqFt(109 x 39)
Parking Spaces4
MLS ®NumberX12352487
Community NameCentral London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Basement: Crawl Space, Part Bsmt

Features

Lot size: 4,251 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 3

Total parking spaces 4


Market Data - Central London

Geo Zone Map ThumbnailCentral London

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

36 days

Compared to

2024

28 days

2023

0 day

2022

0 day

New Listings

Past 30 days

9 listings

Compared to

2024

6 listings

2023

1 listing

2022

1 listing

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$600,000

Compared to

2024

$1,450,000


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

0 to 19
10%
20 to 34
38%
35 to 49
17%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget