1011 Cherrygrove Dr

South K, London, N6K 5B2
FOR SALE
$3,999,999
1011 Cherrygrove Dr, London
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
1011 Cherrygrove Dr
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1011 Cherrygrove Dr
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2 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
13
ROOMS
X9053822
MLSID
Contact Us
Property Description
Your custom designed Executive estate awaits you. Nestled high on a 1.09 acre lot on one of London's most exclusive streets. Meticulously built, this spectacular 2 + 2 bedroom, 3.5 bath manse features over 6500 sq ft of tranquil luxury living space. Braam's Custom designer kitchen showcases an oversized island, Quartz countertops, Stainless steel appliances, and a pantry with plenty of storage. Windows abound offer wonderful vistas to the perennial gardens, outdoor fireplace, and patios. The main floor boasts 7' wide hallways, vaulted ceilings graced by warm timber beams, and decorative iron cables. Great room features a Marble Wood burning Fireplace with Adjoining Formal Dining room. The principal primary suite offers its own den before giving way to an Inviting bedroom and breathtaking Ensuite. You'll enjoy the heated porcelain floors, 2 vanities, a walk-in shower, and a Victoria and Albert soaker tub. Attached is your personal dressing room featuring built-ins. The West wing of the home hosts an additional Primary suite and its own 3-piece bath. Further down the hall leads to a possible 5th bedroom currently being used as a media room featuring a gas fireplace. The Main Floor Laundry room presents a dog wash station with access to the Oversized 3 car garage. An elevator offers additional access to the finished Lower Level. There you will enjoy a two-sided fireplace allowing separation of the living areas. There are two additional premium sized bedrooms and a 3-piece bath. An abundance of storage offering a pine lined storage room and additional storage space. The home is comforted by 2 heating and cooling systems, an air exchange system, and alarm system. Outside, your patio escape is enveloped by perennials, trellises, and flagstone paths. With 2 years and millions of dollars invested, this one of a kind estate welcomes you!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2014-05-03 2014-08-29 122 $364,000 - Expired
2013-12-23 2014-03-18 95 $364,000 - Expired
2011-12-01 2013-04-16 503 $364,000 - Expired
2013-05-27 2013-08-16 81 $364,000 - Expired
2013-02-05 2014-02-04 365 $1,500,000 - Expired
Property Features
Clear View, Fenced Yard, Library, Park, Rec Centre, Wooded/Treed
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
5000+
Lot Size
161' x 255'
Acreage
.50-1.99
Fronting
South
Taxes
$21,395 (2024)
Basement
Finished, Part Fin
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Elevator
Yes
Parking Spaces
9
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain17.65' x 22.47'Eat-In Kitchen
Great RmMain16.08' x 29.99'Fireplace
Media/EntMain16.01' x 12.01'Gas Fireplace
OfficeMain15.16' x 15.16'
LaundryMain11.84' x 9.09'
Prim BdrmMain14.99' x 15.85'Ensuite Bath
BrMain15.09' x 14.01'Ensuite Bath
BrLower14.01' x 20.01'
BrLower14.99' x 11.84'
FamilyLower22.34' x 18.50'Gas Fireplace
FamilyLower20.01' x 18.50'Gas Fireplace
London Market Statistics
London Price Trend
1011 Cherrygrove Dr is a 2-bedroom 4-bathroom home listed for sale at $3,999,999, which is $3,457,285 (637.0%) higher than the average sold price of $542,714 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 2 bedroom home in London increased by $200 (0.0%) compared to the previous 30 day period (September 23 - October 22) and up $131,714 (32.0%) from the same time one year ago.
Inventory Change
There were 64 2-bedroom homes listed in London over the last 30 days (October 23 - November 21), which is down 14.7% compared with the previous 30 day period (September 23 - October 22) and up 540.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($8,117) (1.5%) below asking price over the last 30 days (October 23 - November 21), which represents a $1,207 decrease compared to the previous 30 day period (September 23 - October 22) and ($25,450) more 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 2-bedroom homes in London over the last 30 days (October 23 - November 21) stood at 106.2%, up from 76.0% over the previous 30 days (September 23 - October 22) and up from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 23 - November 21), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Select Realty
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