1305 Springbank Ave

South B, London, N6K 1Z9
FOR SALE
$599,900
1305 Springbank Ave, London
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
1305 Springbank Ave
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X9310605
MLSID
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Property Description
A home is a story....from its beginnings to the people who filled its rooms, and the walls that recorded their lives. Here is the story of 1305 Springbank Ave....I am a turn-of the century 1039 square foot home, built in 1905, when minimalism became in vogue. My turn-of the-century revamp retains the glistening polished oak floors and nod to minimalism with classic lines and pale tones to complement eclectic tastes in furniture or works of art. The clean open kitchen features transom windows to the living area. I am somewhat proud of my environmentally sensitive gravel driveway that leads to a street-facing covered front porch, perfect for a morning coffee. Two upper-level bedrooms with the principal room overlooking the backyard (which I will get to in a moment). It seems a bit unusual for the time period I was built in for the basement to have such a decent ceiling height that now accommodates a third bedroom. There is a main floor powder room and upper-level full bath. Now, to that backyard...hmmm my lot is 234 feet deep with a mature and peaceful landscape, an interlocking brick patio with fire-pit including a board and batten garden shed. If that isn't enough, I am in walking distance to Springbank Park, schools, Restaurants, the library, the community centre and shopping! I am definitely a neighbourhood kind of home to nestle in.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-02-11 2020-02-14 7 $399,900 $392,450 Sold
2019-07-16 2019-07-23 8 $239,900 $270,000 Sold
Property Details
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
47' x 234'
Lot Irregularities
47.76X247.76X53.87X234.19
Fronting
North
Taxes
$2,690 (2023)
Basement
Finished, Full
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain9.06' x 11.22'
KitchenMain11.38' x 12.07'
Prim Bdrm2nd10.30' x 16.90'
Br2nd8.89' x 12.66'
RecLower8.40' x 21.98'
BrLower8.40' x 14.40'
London Market Statistics
London Price Trend
1305 Springbank Ave is a 3-bedroom 2-bathroom home listed for sale at $599,900, which is $18,562 (3.0%) lower than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% 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 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 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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