1383 Medway Park Dr E

North S, London, N6G 0Z6
FOR SALE
$1,499,000
1383 Medway Park Dr E, London
1383 Medway Park Dr E
1383 Medway Park Dr E
1383 Medway Park Dr E
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1383 Medway Park Dr E
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1383 Medway Park Dr E
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4 + 2
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
8 + 3
ROOMS
X9298755
MLSID
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Property Description
Discover modern luxury in one of North Londons most coveted neighbourhoods Creekview. This newer, contemporary-style home offers just under 4,400 sq. ft. of sophisticated living space (including W/O basement), featuring 4+2 bedrooms and 5 bathrooms. Designed for both comfort and style, the home includes hardwood throughout, a two-storey foyer, and an amazing opportunity for additional income: a large LEGAL walkout basement unit incl. 1 bedroom, 1 office/bedroom, kitchen, Rec. rm, a separate exterior entrance, fully equipped with appliances, and the potential to generate $1,800 to $2,000 per month in rental income. The primary bedroom is a private sanctuary, complete with a balcony that offers serene views of the 50ft ravined lot. The expansive backyard, with a full-width deck, is brimming with potential for your dream pool, spa, or custom landscaping. Perfectly situated, this home is close to all amenities, including top-rated schools, shopping, and a network of walking trails and bike paths. A large nearby park features playgrounds, tennis, pickleball, and basketball courts, making this the ideal location for families, couples, and anyone looking to enjoy an active, vibrant lifestyle. Don't miss the opportunity to own this exceptional property in Creekview.
Property Features
Golf, Park, Place Of Worship, Ravine, Skiing
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
50' x 105'
Acreage
< .50
Fronting
East
Taxes
$8,039 (2023)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain26.38' x 16.01'Hardwood Floor, Fireplace
DiningMain18.21' x 11.25'Hardwood Floor
KitchenMain11.25' x 16.01'Hardwood Floor, Pantry
StudyMain11.84' x 10.50'Hardwood Floor
Prim Bdrm2nd24.28' x 15.85'Hardwood Floor, 5 Pc Ensuite, W/I Closet
2nd Br2nd14.01' x 12.57'Hardwood Floor, 4 Pc Ensuite
3rd Br2nd16.27' x 10.53'Hardwood Floor, 3 Pc Ensuite
4th Br2nd13.91' x 11.19'Hardwood Floor, 3 Pc Ensuite, W/I Closet
5th BrLower10.07' x 14.01'Vinyl Floor
RecLower28.35' x 22.15'Vinyl Floor, Family Size Kitchen
ExerciseLower17.45' x 9.38'Vinyl Floor
London Market Statistics
London Price Trend
1383 Medway Park Dr E is a 4-bedroom 5-bathroom home listed for sale at $1,499,000, which is $620,801 (70.7%) higher than the average sold price of $878,199 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in London declined by $1,432 (0.2%) compared to the previous 30 day period (September 21 - October 20) and down $1,801 (0.2%) from the same time one year ago.
Inventory Change
There were 144 4-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 11.1% compared with the previous 30 day period (September 21 - October 20) and up 747.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($24,170) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,593 decrease compared to the previous 30 day period (September 21 - October 20) and ($9,900) 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 (October 21 - November 19) stood at 60.4%, up from 36.4% over the previous 30 days (September 21 - October 20) and up from 29.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in London stood at 30 days when successfully sold over the last 30 days (October 21 - November 19), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Streetcity Realty Inc.
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