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$1.47M · 8 bed Fourplex · South D, London South | MyPropertyScout

$1,469,000

246 Greenwood Avenue

170 DOM

84170d

Map

DOM 170

↓ $110KMotivated Seller

$1,469,000

↓ $110KMotivated Seller

DOM170days

246 Greenwood Avenue

London South · Ontario N6J 3G4

MLS® X12703186 · South D · N6J 3G4

84Partial2500-3000 ft²FourplexNoneFull, Partially Finished170d$534/ft²Lot 53.7 x 249.9 ft$6,303 tax/yrBuilt 195175 yrs oldFull, Partially Finished

170 days on market

About this home

Purpose-built four-plex that has been comprehensively renovated with major capital systems addressed, including updated electrical and plumbing throughout, new windows, modern kitchens and bathrooms, full basement waterproofing in all four units, rebuilt walkways, and new paving-stone patios. Each unit currently offers two main-floor bedrooms and a full basement that has already been professionally roughed in for two additional bedrooms, a bathroom, and a family room. Basement completion is esti…

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Property details

MLS#: X12703186
Status: Buy Now
Property class: Residential Freehold
Beds: 8
Baths: 4 full, 0 half
Rooms: 16
Kitchens: 4
Size: 2500-3000Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Full, Partially Finished
Style: 1 Storey/Apt
Type: Fourplex
Year built: 1951

PIN: 083940572
Roll / ARN: 393607019008401
Plan: 376

Occupancy: Partial
Washrooms: 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: No

Roof: Asphalt Shingle
Foundation: Poured Concrete

Garage: None
Garage spaces: 0
Parking: 8 total
Lot: 53.7 × 249.85
Heating: Heat Pump
Heating fuel: Electric
Cooling: Wall Unit(s)
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: East
Cross street: Springbank Drive
Stories: —
Utilities: —
Laundry: —
Interior: Rough-In Bath, Separate Hydro Meter, Water Heater, In-Law Capability
Parking features: —

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Room dimensions are not available for this listing.

Seller signals

Price movement & seller pressure

↓ $110KPrice reduction

MLS shows the seller reduced the asking price by $110,000 (from $1,579,000 to $1,469,000).

Motivated SellerWhy this label

170 days on market — Listing has been active for 170 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: PRIME REAL ESTATE BROKERAGE

Source: TRREB/PROPTX · MLS® X12703186

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$1.47M

246 Greenwood Avenue · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,469,000✓ $6,303 tax✓ Electric✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$10,523/mo

incl. closing costs (yr 1)

Annual total

$126,273

year 1

Mortgage only

$5,573/mo

principal + interest

Beyond mortgage

$2,337/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$293,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$525/mo

Utilities

Hydro / electricity$358/mo

≈ $0.13/ft² × ~2,750 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$14,690/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$25,855

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)53% $66,875/yr

Property taxes25% $32,158/yr

Utilities5% $5,850/yr

Insurance & security1% $1,600/yr

Maintenance12% $14,690/yr

Closing costs4% $5,100/yr

Mortgage is 53% of your true cost of ownership. The other 47% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$66,875	$5,573/mo
Government & taxes
Property tax	$6,303	$525/mo
Land transfer tax(closing)	$25,855	$2,155/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,290	$358/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$14,690	$1,224/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$126,273	$10,523/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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246 Greenwood Avenue

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs