1171 Sunningdale Rd E

London, N5X 4B1
FOR SALE
$1,199,999
1171 Sunningdale Rd E, London
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
1171 Sunningdale Rd E
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2 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 4
ROOMS
X8054520
MLSID
Contact Us
Property Description
ATTENTION DEVELOPERS AND INVESTORS! THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR!! Prime land development opportunity within the city limits and urban growth boundary. A well appointed 0.59 acre property (125 ft. x 205 ft.) situated on Sunningdale Rd. E. adjacent to the sought after Stoney Creek neighbourhood and an existing medium density development by the popular Rembrandt Homes. This prime infill opportunity encourages the development of underused land in an existing urban area to increase density & place new development near all popular London North conveniences. Numerous similar development projects have been completed within close proximity. R1-14 zoning allows for a variety of permitted uses. BONUS sprawling 2+2 bedroom, 1.5 bathroom ranch is currently situated on the property, perfect for potential rental income while awaiting rezoning and site plan approval. Updates include furnace, central air, roof, vinyl replacement windows and electrical panel.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-25 2024-01-08 167 $1,199,999 - Terminated
2023-06-28 2023-07-25 27 $1,450,000 - Terminated
Extras
Located close to all amenities including shopping, restaurants, great schools, playgrounds, Mother Teresa Catholic Secondary School, Stoney Creek Community Centre, YMCA
Property Features
Golf, Hospital, Park, Public Transit, Rec Centre, School
Property Details
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
125' x 206'
Acreage
.50-1.99
Fronting
South
Taxes
$5,056 (2023)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.52' x 18.01'
DiningMain9.42' x 9.51'
KitchenMain11.32' x 12.76'
Great RmMain20.18' x 23.26'
Prim BdrmMain10.17' x 20.41'
2nd BrMain9.42' x 10.99'
BathroomMain6.59' x 9.38'
Powder RmMain4.20' x 5.28'
3rd BrBsmt10.76' x 12.24'
4th BrBsmt11.15' x 12.17'
WorkshopBsmt19.65' x 20.73'
WorkshopBsmt13.42' x 20.01'
London Market Statistics
London Price Trend
1171 Sunningdale Rd E is a 2-bedroom 2-bathroom home listed for sale at $1,199,999, which is $609,519 (103.2%) higher than the average sold price of $590,480 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 2 bedroom home in London increased by $90,536 (18.1%) compared to the previous 30 day period (March 1 - March 30) and down $9,520 (1.6%) from the same time one year ago.
Inventory Change
There were 33 2-bedroom homes listed in London over the last 30 days (March 31 - April 29), which is up 312.5% compared with the previous 30 day period (March 1 - March 30) and up 1,000.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($3,051) (0.5%) below asking price over the last 30 days (March 31 - April 29), which represents a $2,926 increase compared to the previous 30 day period (March 1 - March 30) and ($11,450) 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 2-bedroom homes in London over the last 30 days (March 31 - April 29) stood at 642.4%, up from 112.5% over the previous 30 days (March 1 - March 30) and up from 133.3% 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 22 days when successfully sold over the last 30 days (March 31 - April 29), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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