1514 Drew St

East D, London, N5V 0C2
FOR SALE
$794,900
1514 Drew St, London
1514 Drew St
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
X11912987
MLSID
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Property Description
Welcome to this stunning 2021-built detached home, offering contemporary design and thoughtful upgrades. Featuring a double garage and a double-door entry, this home accommodates up to six parked cars, making it as practical as it is stylish. The main floor boasts soaring 9' ceilings, large windows that flood the space with natural light, and built-in ceiling speakers for an enhanced audio experience. The upgraded kitchen is a chef's dream, complete with extended cabinetry, a large center island, quartz countertops, and a spacious pantry for all your storage needs. The fully fenced backyard includes a beautifully finished concrete patio pad, perfect for outdoor gatherings. This home also offers an unfinished basement, ready to be transformed into whatever the new owner envisions; whether it's a rental apartment, a personalized living space, or something entirely unique. Located in a new vibrant, family-friendly community with excellent schools and close proximity to major amenities, this property offers convenience and quality living. Don't miss the chance to make this incredible home your own!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-18 2025-01-07 20 $799,900 - Terminated
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
40' x 109'
Fronting
East
Taxes
$3,547 (2024)
Basement
Unfinished
Exterior
Shingle, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Prim Bdrm2nd14.47' x 17.49'5 Pc Ensuite
2nd Br2nd12.30' x 9.09'
3rd Br2nd12.24' x 9.09'
Laundry2nd5.87' x 8.50'
Bathroom2nd8.50' x 9.48'
Bathroom2nd5.54' x 8.50'
Powder RmMain4.89' x 4.23'
London Market Statistics
London Price Trend
1514 Drew St is a 3-bedroom 3-bathroom home listed for sale at $794,900, which is $155,158 (24.3%) higher than the average sold price of $639,742 in the last 30 days (December 11 - January 9). During the last 30 days the average sold price for a 3 bedroom home in London increased by $24,337 (4.0%) compared to the previous 30 day period (November 11 - December 10) and up $39,742 (6.6%) from the same time one year ago.
Inventory Change
There were 105 3-bedroom homes listed in London over the last 30 days (December 11 - January 9), which is down 51.4% compared with the previous 30 day period (November 11 - December 10) and up 1,066.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($16,541) (2.6%) below asking price over the last 30 days (December 11 - January 9), which represents a $7,074 decrease compared to the previous 30 day period (November 11 - December 10) and ($19,000) more 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 (December 11 - January 9) stood at 101.0%, up from 91.2% over the previous 30 days (November 11 - December 10) and down from 211.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 32 days when successfully sold over the last 30 days (December 11 - January 9), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max President Realty
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