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$ 420,000

348 Spruce Street, London, ON, N5W 4N7

Listing ID# 108277
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$ 420,000

  • 348 Spruce Street
    Argyle, London, ON N5W 4N7
  • Listing ID 108277
  • Building Type: Multi-Family
  • Building Style: 2 Storey
  • Stories: 0.00
  • Space: 0
  • Status: For Sale/Active
  • Days on Market: 11
  • Tax Year: 2017
  • Age of Building (yrs): 58
  • Parking Spaces: 5
  • Drive: Mutual/Shared
  • Garage: 0.0
  • Heating: Forced Air-Gas,Natural Gas
  • Laundry: 1
  • Rooms: 0
  • Exterior: Brick
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Property Description

Attention Investors: $50,000+ in upgrades spent over the past two months. Solid brick triplex near all amenities, including Fanshawe College! Approximately $25,000 in net income per year. This triplex consists of one large 3 bedroom unit renting for $950/mo, another large 3 bedroom unit to be rented for $1050/mo, and a spacious 2 bedroom basement unit renting for $800/mo. Shared coin-operated laundry and close to public transit. Updates Include: furnace, flooring, windows, trim, front doors, front and side porches...the list goes on. This building is an excellent income opportunity for investment portfolio.



Listing courtesy of OLIVER & ASSOCIATES TEAM GLASSER REAL ESTATE BROKERAGE INC.


Demographics

Argyle Property Overview
72%Own 28%Rent
  • Detached 6,057
  • Low-Rise 2,023
  • Semi-Det. 865
  • Duplex 338
$ 236 k

Average Home Price in Argyle

44 years

Average home age in Argyle

Household Size
7,765One-family 2,965Non-family 131Multi-family
Household size (# people)
  • 12,740
  • 23,477
  • 32,066
  • 4-52,322
  • 6+255
Household Income in Argyle
88.3%Employed 8.4%Unemployed 3.3%Self-Employed
  • Blue Collar 6,863
  • White Collar 6,555
$ 71 k

Average income

37 years

Average age

Education
  • Certificate, diploma, degree 19,573
  • High School 8,515
  • No Certificate 7,945
  • College 5,828
  • Apprenticeship 2,946
Marital Status in Argyle
46%Married 34%Single 20%Other
Age groups
  • 0-1926%
  • 20-2915%
  • 30-4929%
  • 50+30%

Points of interest and Comparables - Argyle

top

$201,879*

average price

-6.17%

market trend

* - average price based on 61 comparable properties in the neighbourhood
# date listed bed/bath
1 11/18/2017 $2,200,000
2 11/18/2017 $2,100,000
3 11/17/2017 $3,950,000
4 10/24/2017 $04
5 10/24/2017 $12
6 2/2/2018 $13
7 2/9/2018 $229,900 3/2
8 7/9/2017 $99,000
9 $499,000
10 11/29/2017 $289,900 3/2
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89 Ridout Street, London, ON
House
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London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$430,000
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Listing courtesy of ROYAL LEPAGE TRILAND PREMIER BROKERAGE
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House
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House
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House
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  • 8
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89 Ridout Street, London, ON
House
89 Ridout Street
London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$432,000
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  • 2 ba
  • 1380 sq ft
  • 6 schools
Add to favourites
89 Ridout Street, London, ON
House
89 Ridout Street
London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$453,000
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  • 2 ba
  • 1452 sq ft
  • 6 schools
Add to favourites
89 Ridout Street, London, ON
House
89 Ridout Street
London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$414,000
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  • 2 ba
  • 1330 sq ft
  • 6 schools
Add to favourites
89 Ridout Street, London, ON
House
89 Ridout Street
London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$364,000
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  • 2 ba
  • 1173 sq ft
  • 6 schools
Add to favourites
89 Ridout Street, London, ON
House
89 Ridout Street
London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$430,000
  • 2 bd
  • 2 ba
  • 1380 sq ft
  • 6 schools
Add to favourites
166 Wellington Road, London, ON
Multi-Family
166 Wellington Road
London
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
$399,900
  • 6 bd
  • 3 ba
  • 19
  • 2435 sq ft
  • 7 schools
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550 Gordon Avenue, London, ON
House
550 Gordon Avenue
London
Listing courtesy of SUTTON GROUP PREFERRED REALTY INC.(1), BROKERAGE, INDEPENDENTLY OWNED AND O
$449,900
  • 3 bd
  • 3 ba
  • 17
  • 3000 sq ft
  • 6 schools
Add to favourites
505 Talbot Street, London, ON
House
505 Talbot Street
London
Listing courtesy of OLIVER & ASSOCIATES REAL ESTATE BROKERAGE INC.
$455,900
  • 2 bd
  • 2 ba
  • 9
  • 7 schools
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250 Sydenham Street, London, ON
House
250 Sydenham Street
London
Listing courtesy of RE/MAX ADVANTAGE REALTY LTD.
$389,900
  • 2 bd
  • 2 ba
  • 9
  • 7 schools
Add to favourites
93 Rollingwood Circle, London, ON
House
93 Rollingwood Circle
London
Listing courtesy of STREETCITY REALTY INC.
$479,000
  • 3 bd
  • 2 ba
  • 11
  • 1767 sq ft
  • 6 schools
Add to favourites
172 King Edward Avenue, London, ON
Multi-Family
172 King Edward Avenue
London
Listing courtesy of RE/MAX CENTRE CITY REALTY INC.
$439,900
  • 7 schools
Add to favourites
400 Ambleside Drive, London, ON
House
400 Ambleside Drive
London
Listing courtesy of RE/MAX CENTRE CITY REALTY INC.
$429,900
  • 3 bd
  • 3 ba
  • 10
  • 1946 sq ft
  • 6 schools
Add to favourites
3560 Singleton Avenue, London, ON
House
3560 Singleton Avenue
London
Listing courtesy of STREETCITY REALTY INC.
$449,900
  • 4 bd
  • 7
  • 1850 sq ft
  • 6 schools
106 Godfrey Drive, London, ON
Multi-Family
106 Godfrey Drive
London
Listing courtesy of PEAK PROFESSIONALS REALTY INC.
$379,900
  • 5 bd
  • 2 ba
  • 14
  • 7 schools
Add to favourites
2746 Bateman Trail, London, ON
New
House
2746 Bateman Trail
London
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
$449,900
  • 3 bd
  • 4 ba
  • 11
  • 2503 sq ft
  • 6 schools
Add to favourites
182 Bruce Street, London, ON
New
House
182 Bruce Street
London
Listing courtesy of LONDON LIVING REAL ESTATE LTD., BROKERAGE
$359,900
  • 3 bd
  • 2 ba
  • 11
  • 2021 sq ft
  • 6 schools
Add to favourites
6 Laurel Street, London, ON
New
House
6 Laurel Street
London
Listing courtesy of ROYAL LEPAGE TRILAND REALTY
$399,900
  • 3 bd
  • 4 ba
  • 13
  • 7 schools
Add to favourites
12 Mcdonald Avenue, London, ON
House
12 Mcdonald Avenue
London
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
$419,900
  • 5 bd
  • 3 ba
  • 14
  • 2150 sq ft
  • 7 schools
Add to favourites
2915 Paulkane Chase, London, ON
House
2915 Paulkane Chase
London
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
$469,900
  • 4 bd
  • 3 ba
  • 14
  • 2200 sq ft
  • 6 schools
Add to favourites
968 Waterloo Street, London, ON
House
968 Waterloo Street
London
Listing courtesy of ROYAL LEPAGE TRILAND REALTY
$429,900
  • 2 bd
  • 2 ba
  • 8
  • 1860 sq ft
  • 7 schools
Add to favourites
89 Ridout Street, London, ON
House
89 Ridout Street
London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$422,000
  • 2 bd
  • 2 ba
  • 1380 sq ft
  • 6 schools
Add to favourites
37 Scarlett Avenue, London, ON
House
37 Scarlett Avenue
London
Listing courtesy of SUTTON GROUP PREFERRED REALTY INC.(1), BROKERAGE, INDEPENDENTLY OWNED AND O
$464,900
  • 4 bd
  • 3 ba
  • 14
  • 3491 sq ft
  • 6 schools
Add to favourites
89 Ridout Street, London, ON
House
89 Ridout Street
London
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$409,000
  • 2 bd
  • 2 ba
  • 1330 sq ft
  • 6 schools
Add to favourites
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