1282 Hillcrest Ave

London, N5Y 4N4
FOR SALE
$549,900
1282 Hillcrest Ave, London
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X8487688
MLSID
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Property Description
Don't miss!!! Great street!! High demand location! Bungalow situated on a spacious lot- 63.72' frontage, large fenced backyard with sheds. Presently 2 bedrooms on main level but could be converted back to 3. Unfinished basement with potential to add more living space. Newer furnace & central air. Exterior features a newer concrete patio & lots of parking in the double driveway. Interior requires cosmetic updates but a great opportunity to build equity in a High demand North London location. All measurements approximate. Interior photos & room dimensions to follow.
Property Features
Fenced Yard, Public Transit, School
Property Details
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
64' x 134'
Fronting
North
Taxes
$3,112 (2023)
Basement
Full, Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 14.50'
KitchenMain8.99' x 14.99'
Prim BdrmMain10.99' x 21.00'
BrMain8.01' x 10.01'
BathroomMain4.99' x 8.33'4 Pc Bath
OtherLower17.49' x 19.00'
UtilityLower14.99' x 22.83'
LaundryLower4.99' x 14.50'
London Market Statistics
London Price Trend
1282 Hillcrest Ave is a 2-bedroom 1-bathroom home listed for sale at $549,900, which is $17,058 (3.0%) 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 Re/Max Centre City Realty Inc.
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