318 Ashland Avenue, London

318 Ashland Avenue, London, ON N5W4E6 Photo 1

45 Photos

318 Ashland Avenue, London, ON N5W4E6 Photo 2
318 Ashland Avenue, London, ON N5W4E6 Photo 3
318 Ashland Avenue, London, ON N5W4E6 Photo 4
318 Ashland Avenue, London, ON N5W4E6 Photo 5
318 Ashland Avenue, London, ON N5W4E6 Photo 6
318 Ashland Avenue, London, ON N5W4E6 Photo 7
Estimated
Mortgage
4.44%
interest rate
  • Bedrooms: 5
  • Bathrooms: 2
  • Living area: 1127 sqft
  • MLS®: 40540076
  • Type: Residential
  • Added: 9 days ago

Property Details

Welcome to this up-and-down duplex nestled in the heart of a vibrant, revitalized neighborhood, presenting a lucrative opportunity for savvy investors. Its location boasts close proximity to downtown, Fanshawe College, and the redeveloped Kellogg's plant featuring attractions like The Factory indoor adventure park, markets, and the Powerhouse Brewing Company. Easy access to the 401 by car and ample public transit further enhance its appeal. The main floor unit offers a spacious primary bedroom, two additional bedrooms, a kitchen, and an open-concept dining and living area, all accentuated by lofty ceilings. Residents can enjoy the fully fenced backyard, accessed conveniently through either a patio door in one of the bedrooms or the off the door that leads into the basement, complete with a generous-sized deck and detached garage. The lower level seamlessly combines living and dining areas adjacent to the kitchen, with an extra nook offering versatility for a home office or additional storage. Two bedrooms and a four-piece bathroom complete this level, accessible via two separate entrances. A shared laundry area adds to the convenience and appeal of the property. Investors seeking to capitalize on the thriving neighborhood will appreciate the potential rental income with vacant possession. Don't miss out on this promising property investment opportunity. With its strategic location, adaptable layout, and modern amenities, this duplex would make a great addition to your portfolio. (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 1
  • Basement: Finished, Full
  • Appliances: Freezer
  • Directions: North of Dundas
  • Living Area: 1127
  • Lot Features: Sump Pump
  • Photos Count: 45
  • Water Source: Municipal water
  • Parking Total: 5
  • Bedrooms Total: 5
  • Structure Type: Duplex
  • Common Interest: Freehold
  • Parking Features: Detached Garage
  • Subdivision Name: East M
  • Tax Annual Amount: 3097.67
  • Exterior Features: Brick
  • Zoning Description: R2-2
  • Number Of Units Total: 2
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Nearby Places

Name Type Address Distance
Thames Valley District School Board It was created on January 1, 1998, by the amalgama... 0.4 km
London North Centre London North Centre (French: London-Centre-Nord; f... 1.0 km
Western Fair Organizers had hoped to use the Crystal Palace Bar... 1.1 km
Western Fair Establishment 316 Rectory Street 1.4 km
Aeolian Hall (London, Ontario) and Rectory St, just to the east of Adelaide St... 1.5 km
Aeolian Hall Establishment 795 Dundas St 1.5 km
Lester B. Pearson School for the Arts An application process must be completed by mid De... 1.9 km
Dragon Court Restaurant Meal takeaway 931 Oxford St E 1.9 km
Thames Secondary School Offering a wide variety of tech courses, Thames ed... 2.0 km
John Paul II Catholic Secondary School It is located at 1300 Oxford Street East, at the n... 2.0 km
Flame of Hope (diabetes) The Flame will only be extinguished when a cure fo... 2.0 km
Banting House in London, Ontario, Canada, it is the house where ... 2.0 km
Similar Houses Stat in London
We have found 6 Houses that closely match the specifications of the property located at 318 Ashland Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 585,000 and 739,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N5W4E6 postal code area of London Ontario Canada.
318 Ashland Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 318 Ashland Avenue. The current price of the property is $534,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $427,920. This would result in a monthly mortgage payment of $2,501 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 25
University / Below bachelor level 10
College 90
University degree at bachelor level or above 25

Neighbourhood Marital Status Stat

Married 155
Widowed 20
Divorced 35
Separated 25
Never married 165
Living common law 65
Married or living common law 215
Not married and not living common law 250

Neighbourhood Construction Date

1961 to 1980 60
1981 to 1990 10
1960 or before 215
Comparison of 318 Ashland Avenue, London, ON with Nearby Houses
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Ingersoll Real Estate 53 $862.086
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Kitchener Homes for Sale 494 $931.319
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Oakville Homes for Sale 642 $2.047.343
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