2 days on Market

867 Queens Ave, London, Ontario N5W 3H7

Townhouse
-
3
~1513 sqft
$599,919
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Townhouse
-
3
~1513 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$396/sqft

Est. Mortgage$2,576/mo

Tax Amount (2024)$3,278/yr

Days On Market2 days


Description

Welcome to this well maintained up-and-down duplex, perfectly situated in the vibrant and historic neighbourhood of Old East Village. This character-filled property offers a fantastic blend of vintage charm and modern convenience, making it a standout investment or a lovely place to call home. The spacious main floor unit features 1 generously sized bedroom and 1 full bathroom. The thoughtful layout provides ample living space for young professionals or tenants seeking comfort and functionality. Upstairs, the second-floor unit offers two cozy bedrooms and one full bathroom, making it an ideal rental suite, in-law accommodation, or a perfect option for downsizers looking for a manageable, low-maintenance living space. The extra 1 bedroom, 1 bathroom basement unit provides additional income potential. Whether you're a seasoned investor or a first-time buyer, this duplex presents a prime opportunity to generate consistent rental income in one of London’s most sought-after neighborhoods. The property's separate entrances provide flexibility in rental arrangements, the separate laundry facilities for each unit provide privacy and convenience, and the location ensures strong tenant demand. Situated just 2.6 km from Western University and 5.7 km from Fanshawe College, this home is ideally located for student rentals, professionals, or families. Old East Village is renowned for its eclectic charm, walkability, and vibrant community—featuring local cafes, artisan shops, markets, and cultural hotspots just steps away. Don’t miss your chance to own a versatile, income-generating property in one of London’s most dynamic and desirable areas.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~1513 SqFt
Lot Size2,592 SqFt(81 x 32)
Parking Spaces3
MLS ®Number40717373
Community NameEast London
Data SourceITSO
Listing byPay It Forward Realty

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Partially Finished

Features

Lot size: 2,592 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by Pay It Forward Realty, Brokerage
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Market Data - East London

Geo Zone Map ThumbnailEast London

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

149 days

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

7 listings

Compared to

2024

1 listing

2023

1 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$960,000

Compared to


Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

20 to 34
31%
50 to 64
22%
35 to 49
19%
0 to 19
16%
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%

Schools and amenities

Estimated Budget