1156 Lancaster St

London, N5V 2L5
FOR SALE
$639,000
1156 Lancaster St, London
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
1156 Lancaster St
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3 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 4
ROOMS
X9232476
MLSID
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Property Description
Welcome to a tranquil, charming neighborhood in North East London. Perfectly location walking distance to Fanshawe College and Stronach Community Center. This 3 Level Side Split home has been meticulously maintained and upgraded over the years. Home exudes modern elegance design full of comfort and convenience. Large lot front and backyard with mature trees giving the home a relaxing atmosphere for gatherings or just chilling. This is a must see. Book a Showing today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2017-07-18 2017-09-30 74 $349,900 - Expired
2022-02-16 2022-02-23 7 $649,900 $777,000 Sold
2017-12-01 2017-12-21 32 $309,900 $304,000 Sold
2005-03-29 2005-04-10 12 $155,900 $153,000 Sold
Property Details
City
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
700-1100
Lot Size
60' x 125'
Acreage
< .50
Lot Irregularities
0.173
Fronting
East
Taxes
$3,523 (2023)
Basement
Finished
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain8.92' x 8.76'
FoyerMain7.15' x 12.83'
KitchenMain11.91' x 8.76'
LivingMain14.07' x 12.40'
BathroomUpper8.83' x 4.92'4 Pc Bath
Prim BdrmUpper9.25' x 13.58'
BrUpper9.25' x 10.07'
BrUpper8.83' x 10.07'
BathroomLower8.17' x 4.27'4 Pc Bath
BrLower9.09' x 8.83'
UtilityLower9.25' x 8.66'Combined W/Laundry
BrLower18.24' x 9.68'
London Market Statistics
London Price Trend
1156 Lancaster St is a 3-bedroom 2-bathroom home listed for sale at $639,000, which is $3,731 (0.6%) higher than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.
Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) 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 (October 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% 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 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Advantage Realty Ltd.
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