Home with brick exterior material, street for 312 Fairview Ave, London South Ontario N6C 4T8
Re-listed 7 days ago

312 Fairview Ave, London South, Ontario N6C 4T8

Detached
3 + 2
2
~700-1100 sqft
$•••,•••
$519,000
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$2,595Cashback
Detached
3 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market7 days

Total days on market
21 days

Estimated valueNot available

Price/Sqft$606/sqft

Monthly cost

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CMA Subject Property

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+13

Properties sold*

$563K

Median sold price*

*Based on last 30 days

Description

This property is ready for making dreams. This property's number one asset is its incredible proximity to Victoria Hospital, literally just a 5-minute walk away. Imagine, no more commuting, no more parking fees and no more London construction jams on the way to work! But, the true value is the land. This bungalow sits on the largest lot on the entire street, offering a massive, private backyard. This home is being sold for nearly the price of the land, so it's almost like getting the house for free. The potential here is enormous. Because of the home's position on the lot, the backyard is a blank canvas well suited for a possible addition. This property is practically designed for a "house hack" arrangement, an in-law suite, or a space for your stay at home twenty something "child", where you can both enjoy some private space. And, the fantastic location benefits don't stop there! If you have young children in primary school, you will be pleasantly surprised to discover that Princess Elizabeth Public School, known for its solid Fraser institute rating, is just 800 metres away-an easy walk for the kids.The existing bungalow is a solid, older home that is ready for your updates and vision. It's the perfect foundation to renovate, add value, and build instant equity. This home comes equipped with 2 electrical panels, 2 electric meters and 2 gas meters. Don't miss this rare combination of a prime location, a massive lot, and clear development potential.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size12,200 SqFt(183.25 x 66.58)
Parking Spaces5
MLS ®NumberX12515342
Community NameSouth London
Data SourceTRREB
Listing bySTREETCITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Features

Lot size: 12,200 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
7 days on market
history photo preview26
Listing by trreb®

Market Data - South London

Geo Zone Map ThumbnailSouth 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

29 days

Compared to

2024

32 days

2023

17 days

2022

17 days

New Listings

Past 30 days

30 listings

Compared to

2024

22 listings

2023

20 listings

2022

13 listings

Units sold

Past 30 days

9 units

Compared to

2024

13 units

2023

10 units

2022

7 units

Median Sold Price

Past 30 days

$615,000

Compared to

2024

$562,500

2023

$477,500

2022

$497,000


Population and Demographics

Overview

Total population 14566
Average household income $107,372

Age (%)

0 to 19
16%
20 to 34
26%
35 to 49
20%
50 to 64
21%
65 and plus
18%

Household composition (%)

Single person
50%
Single family
44%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
91%
Others
3%
Spanish
2%
French
1%
Arabic
1%

House tenancy (%)

Renters
60%
Owners
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget