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BEDROOMS3
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KITCHENS17
ROOMSX9363324
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Property Description
**Welcome to 1 Woodland Place, a beautifully renovated duplex nestled in the heart of the charming Wortley Village. This versatile property offers a fantastic opportunity for investors or homeowners seeking additional income. The **upper unit** boasts a cozy 1-bedroom layout, perfect for young professionals or a single occupant looking for a comfortable and modern living space. Meanwhile, the **main unit** offers ample space with 2 spacious bedrooms on the main floor and two additional bedrooms in the fully finished basement, making it ideal for families or those in need of extra room. Renovated with care, both units feature modern finishes, updated kitchens, and inviting living spaces that blend style and function. Outside, enjoy the mature trees and the vibrant community that makes Wortley Village one of the most sought-after neighborhoods in London. This property is a prime opportunity in a location rich with local shops, cafes, and parks, just minutes from downtown. Whether you're looking to invest or live in one of London's most desirable areas, 1 Woodland Place is the perfect choice! Don't miss out schedule your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-12-16 | 2022-01-01 | 16 | $799,900 | $875,000 | Sold |
| 2021-12-16 | 2022-01-01 | 16 | $799,900 | $875,000 | Sold |
| 2021-07-09 | 2021-09-11 | 64 | $649,900 | $550,000 | Sold |
Property Features
Cul De Sac, Hospital, Public Transit, River/Stream
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Property Details
Street
Community
City
Property Type
Duplex, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
66' x 90'
Acreage
< .50
Fronting
West
Taxes
$6,229 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 6.27' x 7.48' | 4 Pc Bath |
| Br | Main | 11.02' x 11.19' | |
| 2nd Br | Main | 10.96' x 10.17' | |
| Dining | Main | 14.50' x 11.29' | |
| Kitchen | Main | 12.99' x 11.25' | |
| Living | Main | 17.55' x 11.48' | |
| Sunroom | Main | 6.99' x 10.96' | |
| 5th Br | Bsmt | 8.92' x 10.89' | |
| 3rd Br | Upper | 12.27' x 10.10' | |
| Kitchen | Upper | 16.67' x 6.10' | |
| Living | Upper | 20.41' x 15.03' | |
| 4th Br | Bsmt | 8.99' x 10.89' |
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London Market Statistics
London Price Trend
1 Woodland Pl is a 3-bedroom 3-bathroom home listed for sale at $949,900, which is $317,997 (50.3%) higher than the average sold price of $631,903 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in London increased by $2,586 (0.4%) compared to the previous 30 day period (September 22 - October 21) and up $16,503 (2.7%) from the same time one year ago.Inventory Change
There were 231 3-bedroom homes listed in London over the last 30 days (October 22 - November 20), which is down 15.1% compared with the previous 30 day period (September 22 - October 21) and up 670.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($12,467) (2.0%) below asking price over the last 30 days (October 22 - November 20), which represents a $139 decrease compared to the previous 30 day period (September 22 - October 21) and ($10,585) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in London over the last 30 days (October 22 - November 20) stood at 89.6%, up from 75.7% over the previous 30 days (September 22 - October 21) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 27 days when successfully sold over the last 30 days (October 22 - November 20), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
Similar Listings
Stunning property steps from St. Joes Hospital and minutes from University Hospital. Fully renovated VACANT duplex with many outside entertaining areas for both units with each having their own private driveway. Exterior updates include new windows and doors, new decking and fencing, new staircase to upper unit with privacy panels and seating area, new interlocking stone patio areas as well as new hard board on the kitchen and garage that has hydro as well as new garage door. The main floor features a spectacular kitchen with a center island that comfortably sits 8, quartz and granite tops, soft close cabinetry, large pantry, wine bar area, charging station built into cabinetry, vaulted ceiling, exposed brick and 2 outside accesses to a private deck and a private interlocking stone patio directly from the kitchen which is fabulous for entertaining. The covered wrap around front porch is a great space to sit while watching storms pass by. Not only does the main floor have 2beds, 2 baths (ensuite with double sinks, center cabinetry and a glass walk-in shower), it showcases original hardwood flooring with modern finishes such as pot lighting, ceiling fans, original glass pocket door, original marble around the master fireplace, original entry fixture and main floor laundry. The upper unit also has its own laundry, 2 bedrooms, eat-in kitchen and exposed brick in the large master. The main floor unit has been rented as an "Executive furnished short term rental" for $3,650 while upstairs market rents suggest $2,400-$2,600. This home is designated "Heritage" and is just a beauty to look at. Very private outside spaces with all the conveniences within walking distance. A few different options are available - add this home to your portfolio with a cap rate of around 6%, rent one of the units to help pay your mortgage should you wish to live here or convert it back to a single family home. This home does not disappoint!!
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