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Property Description
Welcome home to London's prestigious Westmount area, where elegance meets comfort in this exquisite residence! Offering almost 4600 sq ft, this home is a perfect blend of sophisticated design and functional family living. Step inside, be greeted by 10-foot ceilings and rich hardwood floors. The grand open staircase, adorned in dark tones, adjacent to the living room with gorgeous built-in lighted bookcases, accentuated by a stunning cathedral ceiling. Elegant crown moulding throughout the space enhances the home's refined ambiance. Through french doors, find your private office, a tranquil space perfect for working from home. Elegant dining room, where a double-sided stacked-stone fireplace adds warmth and charm, separating the dining room and family room. The bright family room, boasting a coffered ceiling, is the ideal spot for relaxation or entertaining. Prepare to be wowed by the kitchen, featuring an abundance of cabinetry, luxurious stone surfaces, and a spacious island. The large eating area flows effortlessly outdoors through patio doors that lead to your expansive multi-level deck an entertainer's paradise! Imagine summer barbecues and serene evenings under the stars, all while overlooking the picturesque Button Bush Wetlands. Retreat to the second floor, where 9-foot ceilings elevate the living experience. The primary suite, complete with a tasteful tray ceiling, dual walk-in closets, and a spa-like 5-piece ensuite offers a perfect escape. Three generously-sized bedrooms and a stylish 5-piece main bath ensure ample space for family and guests.The fully-finished lower level is a true bonus, featuring large above-grade windows that flood the space with natural light. A fifth bedroom ideal for guests, a 3-piece bath and a versatile room currently used as a gym.The professionally landscaped yard (2024), composite decking, electric retractable awing, backyard lighting, gas bbq hook-up, custom built shed, complete with a sprinkler system for easy maintenance.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2014-08-01 | 2014-12-31 | 152 | $739,900 | - | Expired |
| 2013-12-06 | 2014-05-30 | 176 | $778,100 | - | Expired |
| 2019-05-16 | 2019-05-30 | 15 | $999,900 | $995,000 | Sold |
| 2015-01-15 | 2015-03-25 | 69 | $729,900 | - | Terminated |
| 2017-09-12 | 2017-11-14 | 63 | $950,000 | - | Terminated |
Property Features
Clear View, Fenced Yard
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
73' x 125'
Fronting
East
Taxes
$9,958 (2024)
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.45' x 11.58' | Cathedral Ceiling, Hardwood Floor |
| Office | Main | 11.29' x 11.52' | French Doors, Hardwood Floor |
| Family | Main | 15.03' x 17.09' | Coffered Ceiling, Hardwood Floor, Fireplace |
| Dining | Main | 15.03' x 11.32' | Fireplace, Hardwood Floor |
| Kitchen | Main | 19.78' x 16.01' | Centre Island, Eat-In Kitchen |
| Laundry | Main | 7.09' x 12.63' | |
| Powder Rm | Main | 6.07' x 5.05' | 2 Pc Ensuite |
| Prim Bdrm | 2nd | 16.47' x 12.04' | W/I Closet, 5 Pc Ensuite |
| Bathroom | 2nd | 16.44' x 7.97' | 5 Pc Ensuite |
| 2nd Br | 2nd | 12.70' x 11.02' | |
| 3rd Br | 2nd | 14.07' x 11.12' | |
| 4th Br | 2nd | 12.70' x 10.70' |
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London Market Statistics
London Price Trend
1322 Cranbrook Rd is a 4-bedroom 4-bathroom home listed for sale at $1,399,000, which is $422,966 (43.3%) higher than the average sold price of $976,034 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in London increased by $81,067 (9.1%) compared to the previous 30 day period (December 22 - January 20) and up $593,150 (154.9%) from the same time one year ago.Inventory Change
There were 157 4-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 38.9% compared with the previous 30 day period (December 22 - January 20) and up 946.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,736) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,133 increase compared to the previous 30 day period (December 22 - January 20) and ($5,311) 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 4-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 35.0%, down from 71.7% over the previous 30 days (December 22 - January 20) and down from 105,113.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in London stood at 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
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