774 Lorne Ave

London | East G | N5W 3K8
  • 3
  • 2
  • 0

$500,000

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

    10

  • Status

    New

Listing Broker ONE PERCENT REALTY LTD.
Since listed: 1 views

Home details

MLS #:

X9377153

Property type:
Detached
Style:
1 1/2 Storey
Taxes:
$1,776
Possession:
30 days
Lot Front:
27.09   Feet
Lot Depth:
133.72   Feet
Basement:
Full | Unfinished
Driveway Pkg:
2
Heat:
Gas | Radiant

Description


774 Lorne Ave, , London, Ontario is a Detached property in London and in the East G community in the N5W 3K8 postal code


This beautifully renovated up-down duplex, located in the vibrant Old East Village neighborhood, seamlessly combines classic charm with modern upgrades, making it an ideal investment or multigenerational living space. The detached brick house features separate entrances for each unit, ensuring privacy and convenience. Its freshly painted brick exterior and revitalized garage create an inviting curb appeal, enhanced by improved landscaping and a deep lot that provides ample outdoor space for gardening or recreation. An old lamppost adds a nostalgic touch to the backyard, evoking the neighborhoods historic character. Since 2017, the roof has been replaced, and in 2020, both kitchens and the main bathroom were stylishly redone, complete with new appliances, pot lights, and updated plumbing and electrical systems. Notably, the bedroom on the main level boasts a triple-pane window, providing exceptional insulation and noise reduction for added comfort. In 2021, heating improvements included the installation of panel radiators, most windows were replaced, and smart home features, such as a thermostat and bathroom fan, were added for enhanced convenience. By 2022, outdoor spaces were transformed with a new deck and front steps, alongside essential plumbing upgrades for reliability. Recent improvements in 2023 included a new gas hot water tank (owned) and a built-in closet for the main floor bedroom, while 2024 brought updates to both breaker panels, a complete repainting of the interior and exterior, landscaping enhancements, and a new front porch light. This duplex not only offers stylish, comfortable living with separate spaces and utility meters but also reflects the dynamic character of its sought-after neighborhood. Conveniently located just minutes from downtown, offering easy access to amenities, shopping, dining, and entertainment..

Extras

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History

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List Date End Date List Price End Price Status MLS #
1997-06 2024-02 $89,900 $89,900 Exp X7936902
2007-07 2024-01 $119,900 $100,000 Sld X7513252
2012-11 2024-02 $179,900 $174,900 Exp X7881587
2013-02 2024-02 $174,900 $174,900 Exp X7882922
2019-08 2019-09 $295,900 $277,000 Sld X4537271
2024-10 2024-10 $500,000 $500,000 New X9377153
2024-01 $35,900 $35,900 X7598345
2024-01 $105,000 $105,000 X7601615
2024-01 $84,900 $84,900 X7601899

Comparables

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sold Date Address List Price sold Price DOM
2024-09 927 Lorne Ave, $549,900 $545,000 21
2024-08 1209 Albany St, $399,000 $435,000 4
2024-07 849 Lorne Ave, $449,900 $501,000 6
2024-06 45 Connaught Ave, $439,900 $405,000 21
2024-05 854 Lorne Ave, $549,900 $538,000 21
2024-05 372 Mornington Ave, $379,900 $385,000 30
2024-03 413 Burbrook Pl, $249,900 $308,000 11
2024-02 442 Salisbury St, $529,999 $540,000 24
2024-02 375 Mornington Ave, $474,900 $488,000 19
2023-12 397 Salisbury St, $474,900 $465,000 35
2023-11 989 Lorne Ave, $599,900 $589,000 10
2023-11 811 Lorne Ave, $579,900 $555,000 14
2023-11 901 Elias St, $599,900 $555,000 26
2022-06 895 Dufferin Ave, $649,000 $650,000 36
2022-03 435 Dorinda St, $499,900 $550,000 6

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 774 Lorne Ave

Based on available 3rd party data

$1978

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
$148 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ONE PERCENT REALTY LTD.
Data Source: TRREB

Payment calculator

$1843 monthly. In association with: TD Bank
%
  • Principal and Interest
    1695 /mo
  • Property Taxes
    $148 /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

Gunpreet Kochar, Realtor

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