121 LAURENTIAN Dr N

East O, London, N5W 1P1
FOR SALE
$649,999
121 LAURENTIAN Dr N, London
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
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121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
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121 LAURENTIAN Dr N
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121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
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121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
121 LAURENTIAN Dr N
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3 + 3
BEDROOMS
2
BATHROOMS
2 + 1
KITCHENS
6 + 6
ROOMS
X10428058
MLSID
Contact Us
Property Description
Welcome to a meticulously renovated brick bungalow nestled in the desirable Fairmont community. This exceptional property boasts six spacious bedrooms, with three located on the main floor and three in the finished basement. Set on a serene street, the property backs onto a beautiful greenspace with inviting walking trails, creating a haven for nature lovers. The interior features brand new laminate flooring throughout, setting a sleek and modern tone. The washrooms have been tastefully updated with elegant standing showers, while the heart of the home boasts a completely new kitchen with quartz countertops and modern appliances. The entire house has been freshly painted, adding to its modern charm. A standout feature of this property is the finished basement, complete with three bedrooms, a second kitchen, and a separate entrance. This space offers significant potential for generating rental income or accommodating extended family members. Additionally, the property includes a spacious 2 car detached garage with gas heating and a panel box, providing an ideal workspace for car enthusiasts or hobbyists. The concrete double car wide driveway easily fits 6-7 vehicles. Currently vacant and easy to show, this property has the potential to generate a monthly rental income of $4,500. Vacant possession is available, making it an attractive option for first-time homebuyers or investors seeking rental income potential. With its stunning renovation, generous living space, and income potential, this property harmoniously combines modernity, comfort, and opportunity, standing as an exceptional offering in the highly sought-after Fairmont community.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-19 2024-09-06 49 $649,999 - Suspended
2024-06-13 2024-07-19 36 $599,999 - Suspended
2023-05-06 2023-05-16 11 $499,900 $470,000 Sold
Property Features
Fenced Yard, Hospital
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
6' x 110'
Acreage
< .50
Lot Irregularities
33.91x33.91x110.28x30.2x30.2x30.2x110.28
Fronting
South
Taxes
$2,044 (2023)
Basement
Full, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain13.48' x 14.50'
3rd BrMain10.40' x 11.06'
KitchenMain15.85' x 8.43'
Prim BdrmMain10.50' x 10.99'
2nd BrMain10.07' x 8.50'
BathroomMain10.07' x 8.50'
KitchenLower11.84' x 17.49'
4th BrLower8.92' x 11.25'
5th BrLower10.01' x 11.84'
BrLower10.01' x 11.25'
BathroomLower4.59' x 7.51'
LaundryLower5.35' x 6.17'
London Market Statistics
London Price Trend
121 LAURENTIAN Dr N is a 3-bedroom 2-bathroom home listed for sale at $649,999, which is $31,033 (5.0%) higher than the average sold price of $618,966 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in London declined by $16,195 (2.5%) compared to the previous 30 day period (October 3 - November 1) and down $9,319 (1.5%) from the same time one year ago.
Inventory Change
There were 224 3-bedroom homes listed in London over the last 30 days (November 2 - December 1), which is down 13.2% compared with the previous 30 day period (October 3 - November 1) and up 672.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($10,167) (1.6%) below asking price over the last 30 days (November 2 - December 1), which represents a $3,611 increase compared to the previous 30 day period (October 3 - November 1) and ($21,328) 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 (November 2 - December 1) stood at 83.0%, up from 77.5% over the previous 30 days (October 3 - November 1) and up from 48.3% 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 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd
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