141 FAIRMONT Ave

East O, London, N5W 1M1
FOR SALE
$549,900
141 FAIRMONT Ave, London
141 FAIRMONT Ave
141 FAIRMONT Ave
141 FAIRMONT Ave
141 FAIRMONT Ave
141 FAIRMONT Ave
141 FAIRMONT Ave
141 FAIRMONT Ave
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 5
ROOMS
X11988378
MLSID
Contact Us
Property Description
Updated 2+2 bedroom bungalow, a large single detached garage and 6 car double driveway is perfectly situated in the fairmont subdivision! Updated with 2 kitchens, 2 full baths and updated flooring throughout. Main floor features living dining combo, 2 beds, kitchen and 4pc bath. Separate side entrance leads to the finished bsmt with 2 bedrooms, living room, kitchen and 3pc bath. Large backyard with covered storage space behind the garage. Located close to schools, shopping, and close to the 401.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-02-10 2021-02-23 15 $399,900 $491,000 Sold
2022-04-08 2022-05-15 37 $639,900 - Terminated
Property Details
Community
City
Property Type
Detached, Bungalow
Acreage
< .50
Fronting
North
Taxes
$3,209 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
OtherMain14.34' x 20.34'
KitchenMain8.50' x 13.75'
Prim BdrmMain9.74' x 10.66'
BrMain8.33' x 9.74'
BathroomMain4.82' x 8.43'
FamilyBsmt10.93' x 20.24'
KitchenBsmt6.76' x 8.50'
BrBsmt9.68' x 10.93'
BrBsmt8.99' x 10.83'
BathroomBsmt6.17' x 6.27'
London Market Statistics
London Price Trend
141 FAIRMONT Ave is a 2-bedroom 2-bathroom home listed for sale at $549,900, which is $54,836 (9.1%) lower than the average sold price of $604,736 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in London increased by $44,081 (7.9%) compared to the previous 30 day period (December 22 - January 20) and up $368,777 (156.3%) from the same time one year ago.
Inventory Change
There were 53 2-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 23.3% compared with the previous 30 day period (December 22 - January 20) and up 657.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($4,420) (0.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,862 increase compared to the previous 30 day period (December 22 - January 20) and ($3,301) 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 2-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 66.0%, down from 104.7% over the previous 30 days (December 22 - January 20) and down from 159,342.9% 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 37 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Gold Realty Inc.
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