$499,999
London East
Times shown are local to the property.
924 Princess Avenue, London East (East G), Ontario, N5W3M6
This 3-bedroom, 2-bathroom home in London East is for sale offering roughly 1,750 sq ft of space. It has been on the market 50 days, fresher than the London East average of 70 days.
Two separate detached homes on one lot! Discover the perfect blend of character, flexibility, and income potential at 924 Princess Avenue. Live and work from home in the separate rear building, use as multigenerational living or convert to a garage. Steps from 100 Kellogg Lane, local breweries, the Western Fairgrounds, and the Artisan Market, this updated property offers unmatched versatility for multi-generational living, investors, or anyone seeking an Airbnb or mortgage-helper opportunity. The main residence features three spacious bedrooms and two full bathrooms, with three separate main-level entrances-ideal for a variety of living configurations. Formerly used as a duplex (currently a single-family), the layout offers a seamless opportunity to convert back to two units if desired. At the rear of the property, a two level detached garage structure has been re-imagined as a bright, loft-style apartment complete with a full kitchen, bathroom, and in-suite laundry. The upper loft level offers open-concept living with room to add additional bedrooms, perfect for guests, tenants, or short-term stays. Updated and well cared for over the years, this property is move-in ready and full of potential. Whether you choose to live in one home and rent the other, accommodate extended family, or expand your investment portfolio, 924 Princess Avenue delivers exceptional flexibility in a rapidly developing area close to Bus Rapid Transit, shopping, dining, and London's vibrant entertainment district.Note: Main House - 1,670 sq. ft.above grade. Garage Loft - 895 sq.ft. above grade. (System limited to show one structure. Details listed are for main house.) (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 70 days across the listings currently for sale in this city
This 3-bed single family in London East (East G) has been listed for 50 days, which is 20 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,999, about 7.8× the local median household income of $64,500.
Carrying it typically needs a household income of about $97,667 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5W)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.