12 Monterey Cres

South V, London, N6P 1C4
FOR SALE
$759,900
12 Monterey Cres, London
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
X9347495
MLSID
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Property Description
Welcome to 12 Monterey Crescent in charming Lambeth! This spacious four-level side split boasts a sun-filled living room with hardwood floors and a renovated open-concept kitchen featuring newer appliances and a stylish tiled backsplash. The upper level includes 3 bedrooms and a refreshed 4-piece bathroom, with the primary bedroom offering two closets. On the third level, you'll find a cozy rec room with a fireplace, a powder room, and a door leading to the partially fenced backyard and a double detached garage (23 X 23) ideal for hobbyists or car enthusiasts. The basement provides ample storage space and a laundry area. Enjoy an A+ location near beautiful parks, Green Hills Golf & Country Club, main street shopping, and convenient access to HWY 402 & 401. Don't miss this rare opportunity to join this desirable neighbourhood at a great price and build equity! This property is being sold "as is" with no representation or warranties.
Property Details
Community
City
Property Type
Detached, Sidesplit 4
Approximate Sq.Ft.
1500-2000
Lot Size
75' x 127'
Acreage
< .50
Lot Irregularities
50.31 ft x 127.38 ft x 75.21 ft x 127.40
Fronting
North
Taxes
$3,903 (2023)
Basement
Fin W/O
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
DiningMain12.14' x 8.20'
KitchenMain11.81' x 11.48'
LivingMain12.80' x 20.01'
2nd Br2nd10.17' x 8.86'
3rd Br2nd11.81' x 10.83'
Prim Bdrm2nd13.12' x 10.83'
RecLower25.92' x 20.01'
UtilityBsmt22.97' x 21.65'
London Market Statistics
London Price Trend
12 Monterey Cres is a 3-bedroom 2-bathroom home listed for sale at $759,900, which is $141,438 (22.9%) 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 2-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 Streetcity Realty Inc.
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