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$ 118,000

553 South Street, London, ON, N5B 1C5

Listing ID# 106797
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$ 118,000

  • 553 South Street
    Central London, London, ON N5B 1C5
  • Listing ID 106797
  • Building Type: Land
  • Land Size: 0.5000 acres
  • Status: For Sale/Active
  • Days on Market: 30
  • Tax Year: 2017
  • Rooms: 0

Property Description

Homebuilders, investors, and do-ers. Vacant land in the heart of up and coming Soho. Prior home on property was taken down (March 2017) which means you get the development fee for a single family home waived (approx 30K). Duplex zoning on this wide property. Build a new duplex to rent or a home to live. Drive by and take a look! Will not last!



Listing courtesy of STREETCITY REALTY INC.


Demographics

Central London Property Overview
74%Rent 26%Own
  • Detached 1,833
  • Duplex 761
  • Semi-Det. 399
  • Low-Rise 119
$ 292 k

Average Home Price in Central London

50 years

Average home age in Central London

Household Size
7,745Non-family 3,508One-family 26Multi-family
Household size (# people)
  • 17,106
  • 22,980
  • 3780
  • 4-5376
  • 6+38
Household Income in Central London
83.4%Employed 11.3%Unemployed 5.3%Self-Employed
  • White Collar 6,722
  • Blue Collar 3,310
$ 55 k

Average income

39 years

Average age

Education
  • Certificate, diploma, degree 17,421
  • High School 5,101
  • College 4,185
  • No Certificate 3,002
  • Apprenticeship 1,291
Marital Status in Central London
60%Single 20%Married 20%Other
Age groups
  • 0-1912%
  • 20-2929%
  • 30-4931%
  • 50+28%

Points of interest and Comparables - Central London

top

$218,798*

average price

-3.33%

market trend

* - average price based on 106 comparable properties in the neighbourhood
# date listed bed/bath
1 10/24/2017 $529,000
2 11/4/2017 $237,900 2/2
3 11/4/2017 $265,900 3/2
4 10/24/2017 $979,000
5 2/9/2018 $189,900 2/1
6 2/9/2018 $179,900
7 2/9/2018 $159,900
8 1/5/2018 $250,000
9 2/17/2018 $2,500
10 2/17/2018 $599,000