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Property Description
Welcome to 12 Wilson Avenue, London! This 6 bedroom home is perfect for investors or growing families. Located across the street from Labatt Memorial Park and the Thames River, this raised bungalow home with a finished basement is close to all the amenities that you could want. With a bus stop just around the corner from this beautiful home you can be at Western University or Fanshawe College in a matter of minutes as both the University and College are just a short distance away making this an excellent location for students. The main floor of this home consists of 3 good sized bedrooms, a living room, a kitchen with an eat-in dining area and a 4 piece bathroom. The finished basement has a spacious rec room, a 4 piece bath and 3 more good sized bedrooms. This home was completely renovated, with CITY APPROVED PERMITS, approximately 10-11 years ago and is still in great condition. Located in a fantastic area on a corner lot with lots of parking and 6 bedrooms and on a bus route makes this home perfectly set up for a student rental. Call today for your private viewing so you don't miss the opportunity to start your investment portfolio with this fantastic home or to add it to your current investment portfolio.
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Property Details
Street
Community
City
Property Type
Detached
Lot Size
46' x 87'
Fronting
East
Taxes
$3,964 (2024)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Main | 10.07' x 6.43' | 4 Pc Bath |
Br | Main | 10.79' x 8.30' | |
2nd Br | Main | 9.35' x 8.66' | |
3rd Br | Main | 10.96' x 9.09' | |
Living | Main | 10.37' x 11.81' | |
Kitchen | Main | 9.22' x 15.39' | |
Dining | Main | 10.93' x 9.61' | |
Bathroom | Bsmt | 9.71' x 5.22' | 4 Pc Ensuite |
Br | Bsmt | 8.33' x 14.24' | |
2nd Br | Bsmt | 9.91' x 13.39' | |
Prim Bdrm | Bsmt | 9.91' x 13.65' | |
Rec | Bsmt | 14.30' x 13.91' |
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London Market Statistics
London Price Trend
12 Wilson Ave is a 3-bedroom 2-bathroom home listed for sale at $569,900, which is $55,311 (8.8%) lower than the average sold price of $625,211 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,001 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $370,637 (145.6%) from the same time one year ago.Inventory Change
There were 193 3-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 27.8% compared with the previous 30 day period (December 22 - January 20) and up 915.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,503) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,518 increase compared to the previous 30 day period (December 22 - January 20) and ($3,099) 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 (January 21 - February 19) stood at 64.2%, down from 101.3% over the previous 30 days (December 22 - January 20) and down from 210,715.8% 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 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Momentum Realty, Brokerage
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