764 King St

London | East L | N5W 2X4
  • 3
  • 2
  • 0

$499,900

Est. Mtg $1,695 /mo
  • Days on market

    190

  • Status

    New

Listing Broker INITIA REAL ESTATE (ONTARIO) LTD
Since listed: 1 views

Home details

MLS #:

X8214708

Property type:
Detached
Style:
2-Storey
Taxes:
$2,002
Possession:
Immediate
Lot Front:
33.0   Feet
Lot Depth:
164.0   Feet
Basement:
Full | Part Fin
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


764 King St, , London, Ontario is a Detached property in London and in the East L community in the N5W 2X4 postal code


Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2020-03 2024-02 $339,900 $290,000 Sld X7777568
2022-01 2023-08 $1,200,000 $1,175,000 Sld X6557697
2023-05 2024-02 $499,900 $499,900 Exp X7973538
2024-04 2024-04 $499,900 $499,900 New X8214708

Comparables

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sold Date Address List Price sold Price DOM
2024-06 127 Mamelon St, $529,900 $512,500 15
2024-05 106 Rectory St, $339,999 $320,000 8
2024-05 106 Rectory St, $339,999 $320,000 8
2023-11 52 Cameron St, $429,900 $420,000 56
2023-11 132 Adelaide St N, $399,900 $390,000 10
2022-04 19 Kitchener Ave, $499,900 $660,000 6
2022-03 8 Hyatt Ave, $449,900 $583,500 3
2022-03 96 Chesley Ave, $439,000 $577,000 10
2022-03 517 Hamilton Rd, $499,000 $500,000 14
2022-03 879 Trafalgar St, $449,900 $630,000 1
2021-11 912 Dame St, $325,000 $435,000 8
2021-07 80 Chesley Ave, $499,900 $490,000 24
2021-07 981 Hackett St, $389,900 $386,000 33
2021-05 107 Egerton St, $349,900 $333,333 11
2021-02 39 Vauxhall St, $389,900 $460,000 4

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

London :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 764 King St

Based on available 3rd party data

$1996

Approximate costs per month

Mortgage
$1695 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$166 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Fenced Yard
  • Public Transit
Listing Broker INITIA REAL ESTATE (ONTARIO) LTD
Data Source: TRREB

Payment calculator

$1861 monthly. In association with: TD Bank
%
  • Principal and Interest
    1695 /mo
  • Property Taxes
    $166 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

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