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Property Description
Attention first-time home buyers and investors! This charming 3-bedroom, 1.5-bathroom ranch home sits on a massive 64x134 ft lot, offering endless potential, including the possibility of adding a basement apartment or garden suite (buyer to verify). The home features a serene 16x10 Florida room and a spacious backyard oasis, perfect for ultimate privacy. The upgraded kitchen boasts beautiful oak raised-panel cupboards. The main floor includes a spacious living room with a bay window and a cozy formal dining room with hardwood floors beneath the carpet. A separate entrance leads to the basement, where you'll find a generous family room, a large laundry room complete with appliances and ample storage space, as well as a workshop/hobby room with cupboards and a workbench. Office/Storage room can be potentially turned into a future bedroom. Located on a peaceful street, this property is close to schools, shopping centers, the library, Highway 401, and all essential amenities. Don't miss out on this fantastic opportunity!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-02-01 | 2024-06-26 | 146 | $599,900 | - | Terminated |
2014-02-04 | 2014-06-24 | 145 | $219,000 | - | Expired |
2021-09-21 | 2021-09-27 | 6 | $499,000 | $521,000 | Sold |
2023-10-18 | 2024-01-31 | 105 | $599,000 | - | Expired |
2012-08-31 | 2012-11-03 | 65 | $199,000 | $195,000 | Sold |
2008-06-11 | 2008-07-29 | 53 | $199,900 | $187,000 | Sold |
Property Features
Fenced Yard, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
64' x 134'
Fronting
North
Taxes
$2,901 (2023)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
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London Market Statistics
London Price Trend
1274 Hillcrest Ave is a 3-bedroom 2-bathroom home listed for sale at $599,000, which is $36,269 (5.7%) lower than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) 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 (October 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% 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 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Streetcity Realty Inc.
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