Unknown for 845 Queens Ave, London East Ontario N5W 3H7
43 days on Market

845 Queens Ave, London East, Ontario N5W 3H7

Detached
2 + 1
2
~1100-1500 sqft
$•••,•••
$499,900
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$2,500Cashback
Detached
2 + 1
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market43 days

Estimated valueNot available

Price/Sqft$394/sqft

Monthly cost

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CMA Subject Property

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+13

Properties sold*

$488K

Median sold price*

*Based on last 30 days

Description

Income Opportunity in OEV! This versatile property features two separate living spaces a renovated 1-bedroom + den rear unit (vacant) and a 2-bedroom front unit with solid tenants in place. Each unit includes a full bathroom, and the rear unit boasts a cozy gas fireplace in the living area. Shared laundry with dual secured access offers convenience and privacy. The deep backyard has excellent potential for an ADU (Accessory Dwelling Unit) with shared driveway parking. Ideal for investors or first-time buyers looking to offset their mortgage with rental income. Located close to downtown, shops, restaurants, and transit


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size6,729 SqFt(203.92 x 33)
Parking Spaces3
MLS ®NumberX12314558
Community NameEast London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full

Main Floor

Living

3.96 x 3.58

Dining

4.64 x 3.04

Kitchen

3.7 x 3.42

Laundry

2.74 x 2.18


Features

Lot size: 6,729 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

22 days

Compared to

2024

27 days

2023

23 days

2022

17 days

New Listings

Past 30 days

23 listings

Compared to

2024

18 listings

2023

20 listings

2022

25 listings

Units sold

Past 30 days

7 units

Compared to

2024

13 units

2023

10 units

2022

10 units

Median Sold Price

Past 30 days

$470,000

Compared to

2024

$488,000

2023

$507,500

2022

$475,250


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