107 River Run Terr

East J, London, N5W 5Y9
FOR SALE
$617,000
107 River Run Terr, London
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
107 River Run Terr
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107 River Run Terr
107 River Run Terr
107 River Run Terr
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107 River Run Terr
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 4
ROOMS
X9302745
MLSID
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Property Description
**Welcome to 107 River Run Terrace!** Nestled in a prime location close to London Airport and local shopping, this charming home is just 5 minutes from downtown and Highway 401, 25 minutes from downtown St. Thomas, and an hour from Toronto Airport, making travel convenient and quick. For recreation enthusiasts, East Park Golf Gardens, city walking and biking paths, and the Meadow Lily Trail are easily accessible. This property features a delightful backyard and ample parking. Natural light floods the living room/dining room combo through a large picture window, creating an inviting space perfect for entertaining young families. The expansive family room in the basement boasts a cozy gas fireplace and a second bathroom, while the lower-level laundry offers a convenient laundry chute from the main floor. A walk-up basement back door leads to a large, fenced-in backyard, ideal for evening BBQs, gardening, and enjoying the outdoors. Notable updates include roof shingles and a skylight (2017), a furnace (2008), a rental hot water heater (2021), and main bathroom accessibility (2013). Don't miss out on this cozy gem! Book your showing TODAY!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-11 2024-09-03 84 $619,000 - Terminated
2024-05-13 2024-06-12 30 $619,000 - Terminated
2024-05-11 2024-06-10 30 $619,000 - Terminated
Property Features
Fenced Yard, Park, Public Transit, School
Property Details
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
45' x 106'
Lot Irregularities
irregular
Fronting
West
Taxes
$3,125 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain16.57' x 12.40'Broadloom, Bay Window
DiningMain9.32' x 10.99'Broadloom, Open Concept
Prim BdrmMain10.99' x 12.40'Broadloom, Closet, Window
2nd BrMain11.42' x 7.58'Broadloom, Closet, Window
BathroomMain4.99' x 8.99'
RecBsmt12.40' x 21.00'Broadloom, Fireplace, Ceiling Fan
3rd BrBsmt10.99' x 15.42'Broadloom
LaundryBsmt8.99' x 14.01'
BathroomBsmt5.58' x 7.25'
London Market Statistics
London Price Trend
107 River Run Terr is a 2-bedroom 2-bathroom home listed for sale at $617,000, which is $50,042 (8.8%) higher than the average sold price of $566,958 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in London increased by $31,129 (5.8%) compared to the previous 30 day period (July 20 - August 18) and down $29,542 (5.0%) from the same time one year ago.
Inventory Change
There were 66 2-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 22.2% compared with the previous 30 day period (July 20 - August 18) and up 842.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($10,405) (1.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,451 decrease compared to the previous 30 day period (July 20 - August 18) and ($14,450) 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 (August 19 - September 17) stood at 83.3%, up from 81.5% over the previous 30 days (July 20 - August 18) and down from 114.3% 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 (August 19 - September 17), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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