111 GERALD Cres

South J, London, N5Z 5A4
FOR SALE
$659,000
111 GERALD Cres, London
111 GERALD Cres
111 GERALD Cres
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 2
ROOMS
X9297962
MLSID
Contact Us
Property Description
Welcome to 111 Gerald Crescent, a charming 2-story home just 6 minutes from the 401 in the serene Pond Mills area. This gem offers proximity to shopping, schools, and the scenic Thames River walking trails. The main floor boasts a bright kitchen with Cambria quartz countertops and stainless steel appliances, a dining room, a powder room, and a spacious living room with patio doors leading to a deck, perfect for outdoor enjoyment. Upstairs, you'll find a large master bedroom with a walk-in closet, a luxurious 3-piece ensuite with heated floors, and two additional bedrooms alongside a stunning 4-piece bathroom. The basement is an entertainment delight, featuring a fully equipped theater room with tiered seating, a projector, and a sound system. This exceptional home combines comfort, style, and a prime location don't miss your chance to make it yours!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-30 2024-08-29 30 $669,000 - Terminated
Extras
NONE
Property Features
Hospital
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
37' x 92'
Acreage
< .50
Fronting
North
Taxes
$3,351 (2024)
Basement
Finished, Full
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
KitchenMain11.15' x 9.65'
DiningMain11.15' x 10.50'
LivingMain14.83' x 18.83'
Prim Bdrm2nd12.89' x 11.98'Ensuite Bath, W/I Closet
Br2nd10.50' x 18.47'
Br2nd12.50' x 17.65'
Media/EntLower16.83' x 23.65'
Powder RmMain1.21' x 6.50'
Bathroom2nd8.99' x 9.32'
Bathroom2nd8.99' x 8.01'Heated Floor
London Market Statistics
London Price Trend
111 GERALD Cres is a 3-bedroom 3-bathroom home listed for sale at $659,000, which is $40,538 (6.6%) 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 Gold Empire Realty Inc.
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