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Property Description
Beautifully maintained duplex is desirable Byron. This 2-storey, 2 unit property boasts 2 generous one bedroom units. The well appointed main floor unit features convenient front and rear access and has an updated kitchen with stainless steel appliances, tiled backsplash and breakfast bar; laminate flooring; spacious bedroom with large closet; updated 4-piece bathroom; bright living room; and partially finished basement with recreation room, storage and laundry. The bright upper one bedroom unit boasts living room with hardwood flooring and numerous storage closets, 4-piece bathroom and large eat-in kitchen with sliding door access to their private deck. The large 400+ sq ft detached garage with electrical is perfect for parking or any hobbiest. The exterior is well maintained, has lovely curb appeal and features ample parking. Units are separately metered for Hydro. Walking distance to the quaint main strip of Byron featuring coffee shop, florist and restaurants with grocery store, Pharmacy, LCBO, Spring bank Park, LTC all nearby. This property is the perfect fit for any owner to occupy or start their investment portfolio, don't miss out!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-15 | 2024-04-27 | 12 | $699,900 | - | Terminated |
Property Features
Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
41' x 135'
Acreage
< .50
Lot Irregularities
41.11 ft x 135.39ft x 41.12ft x 135.39ft
Fronting
South
Taxes
$3,127 (2023)
Basement
Full, Part Fin
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Rec | Lower | 13.55' x 17.78' | |
| Laundry | Lower | 13.68' x 5.74' | |
| Other | Lower | 13.75' x 13.25' | |
| Br | Main | 12.24' x 14.63' | |
| Living | Main | 14.47' x 10.66' | |
| Kitchen | Main | 8.76' x 10.70' | |
| 2nd Br | Upper | 12.50' x 11.45' | |
| Living | Upper | 12.96' x 13.45' | |
| Kitchen | Upper | 9.38' x 8.79' |
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London Market Statistics
London Price Trend
1284 Springbank Ave is a 2-bedroom 2-bathroom home listed for sale at $659,900, which is $121,472 (22.6%) higher than the average sold price of $538,428 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom home in London declined by $4,041 (0.7%) compared to the previous 30 day period (September 22 - October 21) and up $127,428 (31.0%) from the same time one year ago.Inventory Change
There were 65 2-bedroom homes listed in London over the last 30 days (October 22 - November 20), which is down 11.0% compared with the previous 30 day period (September 22 - October 21) and up 622.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($7,864) (1.5%) below asking price over the last 30 days (October 22 - November 20), which represents a $1,454 decrease compared to the previous 30 day period (September 22 - October 21) and ($25,450) 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 (October 22 - November 20) stood at 103.1%, up from 76.7% over the previous 30 days (September 22 - October 21) and up from 44.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 25 days when successfully sold over the last 30 days (October 22 - November 20), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Premier Brokerage
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