1096 Margaret St

East M, London, N5W 2K2
FOR SALE
$434,900
1096 Margaret St, London
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
1096 Margaret St
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X11933027
MLSID
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Property Description
Welcome to 1096 Margaret Street, located on a peaceful dead-end street. The entire home has been updated with new wiring, and a 200-amp electrical system. The sunroom, complete with double sliding doors, is a bright and airy oasis that leads to the spacious backyard; a true haven with ample space for gardening, outdoor activities, or simply basking in the sunshine. The large workshop at the back of the property is a handy bonus, perfect for DIY projects or extra storage. The driveway is spacious enough to accommodate up to four cars, and the included car shelter provides additional protection from the elements. To give you even more peace of mind, a pre-home inspection has already been completed, providing valuable insights into the property's condition. Additional features include a separate side entrance leading to an unfinished lower level, waiting for your personal touch. Recent updates include new windows (10 years old), a newer roof (12 years old), and a efficient furnace (9 years old). You'll also appreciate the convenience of a central vacuum system and additional blown-in insulation (15 years old) for enhanced energy efficiency. This charming home is conveniently close to local amenities, including the Western Fair, the Factory, Powerhouse Brewing Company, Gateway Casino, and the bustling Farmers' Market.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-22 2025-01-12 82 $494,900 - Terminated
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
42' x 132'
Acreage
< .50
Lot Irregularities
40.50ft x 132.69ft x 41.77ft x 132.92ft
Fronting
North
Taxes
$1,620 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain12.93' x 10.79'
FamilyMain8.53' x 12.76'
FoyerMain11.81' x 6.86'
KitchenMain1,292.65' x 8.89'
LivingMain11.98' x 12.63'
Bathroom2nd7.61' x 6.14'4 Pc Bath
2nd Br2nd9.02' x 12.50'
3rd Br2nd3.28' x 10.47'
Prim Bdrm2nd9.51' x 12.93'
BathroomBsmt3.28' x 2.76'
LaundryBsmt9.74' x 8.99'
UtilityBsmt5.41' x 10.89'
London Market Statistics
London Price Trend
1096 Margaret St is a 3-bedroom 1-bathroom home listed for sale at $434,900, which is $180,267 (29.3%) lower than the average sold price of $615,167 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,070 (2.2%) compared to the previous 30 day period (November 19 - December 18) and down $24,833 (3.9%) from the same time one year ago.
Inventory Change
There were 138 3-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 19.3% compared with the previous 30 day period (November 19 - December 18) and up 1,154.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($29,447) (4.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,999 decrease compared to the previous 30 day period (November 19 - December 18) and ($14,000) 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 (December 19 - January 17) stood at 117.4%, up from 101.8% over the previous 30 days (November 19 - December 18) and down from 190.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in London stood at 38 days when successfully sold over the last 30 days (December 19 - January 17), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Blue Forest Realty Inc.
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