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BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSX11903765
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Property Description
This charming home, just minutes from Old East Village, Kelloggs Lane, and the Western Fair District, offers a unique layout with great versatility. It features a 1-bedroom, 1-bathroom space in the back and a completely separate 1-bedroom, 1-bathroom area in the front, making it ideal for multi-generational living, in-law capability, or a home with income potential. The home has seen significant updates, including a kitchen renovation in 2017 with refreshed countertops, cabinets, flooring, and modern pot lights. Additionally, both 3-piece bathrooms were updated in 2017. Conveniently, both laundry rooms are situated on the main floor, and the unfinished basement provides ample storage space. Major updates include a furnace and A/C installed in 2018 and new shingles in 2021. Outside, the detached shed provides space for storage, a workshop, or even a home gym. With its flexible layout and prime location, this property is move-in ready and full of possibilities!
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Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
41' x 133'
Acreage
< .50
Fronting
North
Taxes
$2,295 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
Carport
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.27' x 8.83' | |
| Laundry | Main | 5.05' x 10.63' | |
| Foyer | Main | 10.47' x 6.59' | |
| Br | Main | 10.47' x 12.83' | |
| Bathroom | Main | 4.00' x 6.27' | 3 Pc Bath |
| Br | Main | 9.12' x 10.83' | |
| Bathroom | Main | 8.10' x 5.84' | 3 Pc Bath |
| Living | Main | 9.91' x 12.07' | |
| Kitchen | Main | 9.91' x 8.27' | |
| Sunroom | Main | 15.09' x 9.58' | Combined W/Laundry |
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London Market Statistics
London Price Trend
1050 Margaret St is a 2-bedroom 2-bathroom home listed for sale at $399,000, which is $103,075 (20.5%) lower than the average sold price of $502,075 in the last 30 days (December 8 - January 6). During the last 30 days the average sold price for a 2 bedroom home in London declined by $53,067 (9.6%) compared to the previous 30 day period (November 8 - December 7) and down $22,925 (4.4%) from the same time one year ago.Inventory Change
There were 23 2-bedroom homes listed in London over the last 30 days (December 8 - January 6), which is down 57.4% compared with the previous 30 day period (November 8 - December 7) and up 1,050.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($11,835) (2.4%) below asking price over the last 30 days (December 8 - January 6), which represents a $1,714 increase compared to the previous 30 day period (November 8 - December 7) and ($24,900) 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 (December 8 - January 6) stood at 160.9%, up from 92.6% over the previous 30 days (November 8 - December 7) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 36 days when successfully sold over the last 30 days (December 8 - January 6), compared to 96 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Centre City Realty Inc.
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