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Property Description
Stunning custom-built 4000 sqft home in the highly desirable River Bend area on Kains Wood Street, adjacent to the innovative West 5 community in London, Ontario. Built in 2016, this meticulously designed property offers 3000 sqft on the upper level and an additional 1000 sqft in the finished basement, featuring two separate, fully-equipped kitchens and top-of-the-line finishes. The upper level boasts a spacious layout with four generously sized bedrooms, each with access to a private or shared bathroom. There are a total of bathrooms on this level. Every room elegantly finishes with quality craftsmanship and high-end details, offering luxury and comfort. The lower level is a complete suite featuring a modern kitchen, two bedrooms, a full bathroom, and a convenient laundry area, making it perfect for in-laws or potential rental income. With a separate entrance, this basement is ideal for guests or extended family, providing privacy and convenience. Nestled in a family-friendly neighbourhood close to schools, parks, and walking trails, this home combines luxury with functionality. Whether you're looking for a multi-generational living space or a prime investment opportunity, this proper
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-03-07 | 2024-03-26 | 19 | $3,999 | - | Terminated |
Property Features
Golf, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
43' x 115'
Acreage
< .50
Lot Irregularities
115.21'x47.36'x115
Fronting
West
Taxes
$6,297 (2023)
Basement
Fin W/O
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 9.09' x 10.27' | |
Laundry | Main | 7.19' x 6.99' | |
Dining | Main | 10.07' x 13.09' | |
Kitchen | Main | 11.58' x 13.09' | |
Dining | Main | 15.49' x 11.58' | |
Living | Main | 15.42' x 14.70' | |
Prim Bdrm | 2nd | 15.42' x 15.09' | W/I Closet |
2nd Br | 2nd | 10.37' x 12.89' | Closet |
3rd Br | 2nd | 14.37' x 12.60' | Closet |
4th Br | 2nd | 13.39' x 16.90' | Closet |
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London Market Statistics
London Price Trend
1427 Kains Woods Terr is a 4-bedroom 5-bathroom home listed for sale at $1,199,000, which is $320,801 (36.5%) 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 Century 21 First Canadian Corp.
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