1163 Michael St
London, N5V 2H2
FOR SALE
$599,000
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 2
ROOMSX8022466
MLSIDContact Us
Property Description
Tenant is moving out May First 2024 .Brick Bungalow In High Desired Neighbourhood ,Excellent Starter Home For 1st Time Home Buyer Bright, Spacious Detached Family Home Open Living & Dining Layout.3+1 Bedrooms and 2 Bath Finished basement with separate side entrance .Fully fenced backyard.(Roof August 2022,Upgraded Appliances as per seller) (Hardwood Floor under the carpet on main Level)
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2012-03-14 | 2012-03-18 | 3 | $218,800 | $216,000 | Sold |
Extras
Egress window in the basement bedroom, Large lookout Windows in basement. Upgraded Electric Panel and Large size Concrete driveway.
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
52' x 130'
Acreage
< .50
Fronting
West
Taxes
$4,068 (2024)
Basement
Finished, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.75' x 16.01' | |
| Kitchen | Main | 8.33' x 12.76' | |
| Dining | Main | 6.99' x 11.75' | |
| Prim Bdrm | Main | 8.99' x 14.01' | |
| 2nd Br | Main | 8.99' x 10.66' | |
| 3rd Br | Main | 6.56' x 11.52' | |
| Great Rm | Bsmt | 20.73' x 25.98' | |
| Br | Bsmt | 8.01' x 9.84' | |
| Laundry | Bsmt | 13.48' x 14.40' |
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London Market Statistics
London Price Trend
1163 Michael St is a 3-bedroom 2-bathroom home listed for sale at $599,000, which is $53,160 (8.2%) lower than the average sold price of $652,160 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in London increased by $1,082 (0.2%) compared to the previous 30 day period (February 27 - March 27) and up $30,734 (4.9%) from the same time one year ago.Inventory Change
There were 131 3-bedroom homes listed in London over the last 30 days (March 28 - April 26), which is up 184.8% compared with the previous 30 day period (February 27 - March 27) and up 385.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($8,212) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $7,388 increase compared to the previous 30 day period (February 27 - March 27) and ($14,589) 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 3-bedroom homes in London over the last 30 days (March 28 - April 26) stood at 462.6%, down from 523.9% over the previous 30 days (February 27 - March 27) and up from 125.9% 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 17 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Services Inc.
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