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Property Description
Welcome to 116 Kipling Ave, a beautifully updated carpet-free all brick bungalow nestled on a quiet, tree-lined street on a pie shaped lot in a sought-after neighbourhood. This stunning home offers a perfect blend of modern upgrades and cozy charm, making it an ideal choice for families, down-sizers or first time homebuyers. Inside you'll discover a bright, open-concept main floor featuring an updated kitchen with quartz countertops, and stainless steel appliances, gas stove (2021) , dishwasher (2024). The living room is bright and open with a large front window. The adjacent dining area boasts a dry bar with a beverage fridge and stone accent wall perfect for entertaining guests. The dining table and chairs are included as well as the breakfast bar chairs. The main floor updated bathroom has a wonderful deep oval soaker tub to enjoy that evening glass of wine with a good book! With two spacious bedrooms upstairs and a third bedroom downstairs, there is plenty of room for everyone. The separate side entrance to the lower level offers in-law suite potential or multi-generational living containing a rec room equipped with a home theatre projector and screen, making it the ultimate spot for family movie nights...the lower level also features a bedroom and an updated bathroom, a super-large laundry room, which can be converted into a kitchen, with a new washer (2024) as well as a bonus office, gym area. Outdoors, enjoy a fully fenced yard, large garden shed, a custom back awning on a concrete pad - great for watching the game or watching it rain, and a fire pit, all backing onto a beautiful green space called Nelson Park - a peaceful setting for relaxation and family gatherings. There's enough room for 4 cars in the driveway. Don't miss your chance to own this incredible move in ready home in a prime location. Book your showing today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-08-23 | 2021-08-30 | 7 | $489,900 | $561,337 | Sold |
2016-02-29 | 2016-03-14 | 14 | $209,900 | $207,500 | Sold |
2009-01-22 | 2009-02-05 | 15 | $149,900 | $145,000 | Sold |
2006-02-28 | 2006-03-04 | 6 | $149,900 | $149,000 | Sold |
Property Features
Library, Park, Place Of Worship, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
53' x 98'
Acreage
< .50
Fronting
West
Taxes
$3,492 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 11.29' x 16.17' | Quartz Counter, B/I Microwave, Open Concept |
Living | Main | 12.01' x 13.71' | Open Concept |
Dining | Main | 12.01' x 15.58' | Dry Bar, Open Concept |
Br | Main | 10.96' x 11.12' | |
2nd Br | Main | 8.50' x 9.91' | |
Bathroom | Main | 4.36' x 10.96' | 4 Pc Bath |
Media/Ent | Lower | 15.16' x 16.67' | |
3rd Br | Lower | 9.22' x 10.63' | |
Bathroom | Lower | 6.23' x 6.99' | 3 Pc Bath |
Laundry | Lower | 11.29' x 13.09' | |
Other | Lower | 11.12' x 15.26' | |
Other | Lower | 2.49' x 11.52' |
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London Market Statistics
London Price Trend
116 Kipling Ave is a 2-bedroom 2-bathroom home listed for sale at $596,400, which is $8,336 (1.4%) lower than the average sold price of $604,736 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in London increased by $44,081 (7.9%) compared to the previous 30 day period (December 22 - January 20) and up $368,777 (156.3%) from the same time one year ago.Inventory Change
There were 53 2-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 23.3% compared with the previous 30 day period (December 22 - January 20) and up 657.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($4,420) (0.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,862 increase compared to the previous 30 day period (December 22 - January 20) and ($3,301) 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 2-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 66.0%, down from 104.7% over the previous 30 days (December 22 - January 20) and down from 159,342.9% 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 37 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Housesigma Inc.
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