106 Fairmont Ave

East O, London, N5W 1L9
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106 Fairmont Ave, London
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 4
ROOMS
X8278788
MLSID
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Property Description
Welcome home to 106 Fairmont Ave! This beautiful home, on a gorgeous tree lined street, has been extensively renovated throughout the years and is waiting for its new owner. The bright and spacious open concept main floor was updated in late 2019 with all new engineered hardwood floors, solid wood interior doors, a beautiful custom kitchen, and a 3-piece bathroom with walk-in shower. The lower level has ample space for cozy nights in with a newly updated 4-piece bathroom with soaker tub and heated floors and tons of space for the family to spread out and enjoy! Stepping into the fully fenced backyard you will find an oversized one car detached garage and the perfect spot for summer time entertaining! With a large covered deck, wired for a hot tub, outdoor kitchen, built in projector screen, a firepit, as well as a treehouse with zipline to keep the kids busy! Close to shopping and amenities, with quick access to the 401, and minutes to Fanshawe College, this home has something everyone!
Property Features
Place Of Worship, Public Transit, School, School Bus Route
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 150'
Fronting
East
Taxes
$2,878 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain10.01' x 21.82'Stone Fireplace
DiningMain5.41' x 10.01'
KitchenMain8.07' x 14.93'
Prim BdrmMain10.33' x 12.07'
2nd BrMain10.07' x 11.15'
3rd BrMain9.42' x 9.91'B/I Desk
FamilyLower12.99' x 22.01'
OtherLower8.23' x 10.83'
4th BrLower10.17' x 15.49'
LaundryLower12.01' x 12.40'
London Market Statistics
London Price Trend
106 Fairmont Ave is a 3-bedroom 2-bathroom home listed for sale at $649,900, which is $9,065 (1.4%) higher than the average sold price of $640,835 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in London declined by $20,481 (3.1%) compared to the previous 30 day period (March 15 - April 13) and up $14,483 (2.3%) from the same time one year ago.
Inventory Change
There were 227 3-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 194.8% compared with the previous 30 day period (March 15 - April 13) and up 530.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,819) (1.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $2,753 decrease compared to the previous 30 day period (March 15 - April 13) and ($15,232) 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 3-bedroom homes in London over the last 30 days (April 14 - May 13) stood at 222.0%, down from 254.5% over the previous 30 days (March 15 - April 13) and up from 94.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 19 days when successfully sold over the last 30 days (April 14 - May 13), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Thrive Realty Group Inc.
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