Home with vinyl exterior material, street for 40 Springbank Dr, London South Ontario N6J 1E3
50 days on Market

40 Springbank Dr, London South, Ontario N6J 1E3

Townhouse
6
3
~2000-2500 sqft
$825,000
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Townhouse
6
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market50 days

Estimated valueNot available

Price/Sqft$371/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$416K

Median sold price*

*Based on last 30 days

Description

Welcome to this desirable Triplex in beautiful Old South offering a rare mix of charm, modern updates and great tenants! 3 Units: 1 3 Bedroom located on the main floor (vacant but listed for $2000) , 1 2 Bedroom ($1150) and 1 1 Bedroom ($700) both sharing upstairs. Landlord covers Heat Hydro and Water. New Washer and Dryer located in the basement. Close to Wortley Village, parks, shops and transit. Shared backyard with mature trees. Furnace and AC updated in 2020. Parking for 5 cars. Roof is approx 22 yrs with 50 yr Shingles. Whether looking to expand your investment portfolio or looking to live in a vibrant, walkable neighbourhood, this home is ready for you! 24 hr notice is required for showings. **Photos are Main Floor Vacant Unit which is available for Lease at $2000/month


Property Details

Style2-Storey
ViewCity
Age of property100+
SqFt~2000-2500 SqFt
Lot Size13,068 SqFt(198 x 66)
Parking Spaces5
MLS ®NumberX12217350
Community NameSouthcrest
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Features

Lot size: 13,068 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Market Data - Southcrest

Geo Zone Map ThumbnailSouthcrest

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2024

40 days

2023

17 days

New Listings

Past 30 days

1 listing

Compared to

2024

2 listings

2023

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

2 units

Median Sold Price

Past 30 days

$400,000

Compared to

2024

$416,400

2023

$505,000


Population and Demographics

Overview

Total population 15483
Average household income $92,337

Age (%)

0 to 19
17%
20 to 34
22%
35 to 49
18%
50 to 64
20%
65 and plus
23%

Household composition (%)

Single family
49%
Single person
46%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
85%
Spanish
5%
Others
4%
Arabic
2%
French
1%

House tenancy (%)

Renters
59%
Owners
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget