1048 Mahogany Rd

North P, London, N6H 2W5
FOR SALE
$769,900
1048 Mahogany Rd, London
1048 Mahogany Rd
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
3
ROOMS
X9300614
MLSID
Contact Us
Property Description
Great location, in the heart of Oakridge area, easy walking distance to all amenities, shopping centers, grocery stores, Sifton bog walking trail, highly rated school in London. This is a rare opportunity for owning a fully renovated beautiful two story house, with all modern finishes from top to bottom. New flooring on all levels with modern natural tone Belmont oak finish, all new doors and trim on the main/second floor, with new kitchen/quartz countertop, backsplash and stainless steel appliances. Throughout the whole house, you will notice all new fixtures, hardware, pot lights and neutral paint. The upper level has three bedrooms, with walk-in closet in the master bedroom, and renovated bathroom. The lower level is nicely finished with three piece bathroom, laundry room and storage room. The house was fully renovated, with new roof shingles, new windows, new garage door (with new smart opener), concrete sidewalk and the list goes on. Book your showing today, to see for yourself what this house has to offer.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-08-23 2022-10-31 70 $779,900 - Expired
2022-07-19 2022-08-19 31 $829,900 - Expired
2022-09-08 2022-10-31 54 $2,800 $2,800 Leased
2022-01-19 2022-01-25 7 $489,900 $722,200 Sold
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
50' x 131'
Acreage
< .50
Fronting
North
Taxes
$3,874 (2023)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.84' x 11.91'
DiningMain11.48' x 12.40'
LivingMain11.48' x 21.98'
Prim Bdrm2nd10.50' x 13.78'
2nd Br2nd9.84' x 11.81'
3rd Br2nd9.35' x 9.51'
RecBsmt15.75' x 21.65'
Bathroom2nd5.91' x 13.12'
BathroomMain3.94' x 5.91'
BathroomBsmt5.91' x 6.89'
London Market Statistics
London Price Trend
1048 Mahogany Rd is a 3-bedroom 3-bathroom home listed for sale at $769,900, which is $151,438 (24.5%) higher than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% 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 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Blue Forest Realty Inc.
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