123 Inkerman St

East L, London, N6Z 1X5
FOR SALE
$389,000
123 Inkerman St, London
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
123 Inkerman St
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
9 + 1
ROOMS
X9303595
MLSID
Contact Us
Property Description
Superb first time buyer opportunity describes this charming 2 bedroom (plus den) 1 bath yellow brick bungalow on a quiet East end street. Characteristic of this 100+ year home are the high ceilings and detailed original trim. The classic covered porch leads to your entry hall and spacious living and dining rooms, loaded with natural light. The over-sized kitchen with eating area offers great potential for future renovations. The back den leads to the fenced and landscaped rear yard. Lower level also offers future development potential. The home requires heavy cosmetic updates but provides an ideal opportunity for making your custom home and building equity.
Extras
Updates: Furnace 2006, AC 2012, Roof shingles 2006, Windows 2008, Sewer drain 2021
Property Features
Library, Public Transit, School
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
33' x 133'
Acreage
< .50
Fronting
West
Taxes
$1,988 (2023)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain10.04' x 8.37'
DenMain7.48' x 11.22'
DiningMain8.30' x 11.32'
FamilyMain15.06' x 11.32'
FoyerMain9.58' x 5.51'
KitchenMain6.99' x 11.32'
LivingMain11.06' x 14.30'
Prim BdrmMain10.66' x 8.46'
OtherBsmt14.80' x 20.11'
UtilityBsmt15.09' x 20.11'
London Market Statistics
London Price Trend
123 Inkerman St is a 2-bedroom 1-bathroom home listed for sale at $389,000, which is $177,958 (31.4%) lower than the average sold price of $566,958 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in London increased by $31,129 (5.8%) compared to the previous 30 day period (July 20 - August 18) and down $29,542 (5.0%) from the same time one year ago.
Inventory Change
There were 66 2-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 22.2% compared with the previous 30 day period (July 20 - August 18) and up 842.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($10,405) (1.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,451 decrease compared to the previous 30 day period (July 20 - August 18) and ($14,450) 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 (August 19 - September 17) stood at 83.3%, up from 81.5% over the previous 30 days (July 20 - August 18) and down from 114.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in London stood at 36 days when successfully sold over the last 30 days (August 19 - September 17), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Select Realty
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