42 days on Market

361 Ashland Ave, London East, Ontario N5W 4E9

Detached
5 + 1
3
~1100-1500 sqft
$•••,•••
$479,000
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Detached
5 + 1
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market42 days

Estimated valueNot available

Price/Sqft$377/sqft

Monthly cost

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CMA Subject Property

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+13

Properties sold*

$471K

Median sold price*

*Based on last 30 days

Description

Great opportunity for first time home buyers and investors in a highly sought-afterlocationjust minutes from Downtown, Fanshawe College, Western University, and steps from a busstop for easy commuting.Upper Floor offers 3 bedrooms with individual room locks and a full washroom. Main floor comeswith 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 alsobe readily used as two additional rooms, depending on rental needs.The house has a private 1-bedroom basement with separate entrance, living room, kitchen, andfull washroom.Additional features include a laundry room accessable from both upstairs and basement, smartCCTV 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 flowand flexibilityperfect for investors or homeowners seeking a mortgage helper. Dont miss thisincome-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 ®NumberX12152260
Community NameEast London
Data SourceTRREB
Listing byCENTURY 21 HERITAGE GROUP LTD.

Features

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

2nd Floor

Primary

3.9 x 3.0

2nd Br

3.8 x 2.6

3rd Br

2.8 x 3.1


Features

Lot size: 2,411 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Market Data - East London

Geo Zone Map ThumbnailEast London

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

15 days

Compared to

2024

15 days

2023

12 days

2022

9 days

New Listings

Past 30 days

23 listings

Compared to

2024

15 listings

2023

22 listings

2022

20 listings

Units sold

Past 30 days

8 units

Compared to

2024

13 units

2023

14 units

2022

10 units

Median Sold Price

Past 30 days

$494,000

Compared to

2024

$471,000

2023

$493,500

2022

$512,450


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