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Property Description
Welcome to 1516 North Wenige Drive. This gorgeous property located in London Ontario in the sought after neighbourhood of Stoney Creek is one you do not want to miss. This home features a stunning attached two car garage that has been recently epoxied. Walking into the home you will notice the high ceilings and the large windows allowing for plenty of natural light. The main floor features a beautiful guest room, powder room, dining room and an open concept living space allowing you to prepare meals and entertain at the same time. The second floor features a well designed office space with 4 large bedrooms, including a primary bedroom with a stunning ensuite. Stepping out of the living room you have a backyard oasis which includes a large deck with a built in hot tub and lots of room for a gazebo. Just a few steps down you have a swing set for the kids, a custom built fire-pit and another large paved concrete area for entertainment. To the east of the property, mature trees have fully developed allowing you to enjoy your oasis in private. Moving to the the side of the property you have the entrance to a full second unit. This separate space has its own living room, kitchen, bedroom, recreational room and bathroom making it the perfect place for in-laws or as a mortgage helper.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2015-08-14 | 2015-11-18 | 97 | $439,900 | - | Expired |
| 2021-11-25 | 2021-12-02 | 7 | $849,900 | $1,075,000 | Sold |
| 2016-02-10 | 2016-05-03 | 83 | $449,000 | $449,000 | Sold |
| 2015-12-03 | 2016-02-11 | 70 | $449,000 | - | Terminated |
Extras
Hot Tub, Gazebo
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
65' x 114'
Fronting
East
Taxes
$6,064 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Garage Type
Attached
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London Market Statistics
London Price Trend
1516 North Wenige Dr is a 4-bedroom 4-bathroom home listed for sale at $1,224,900, which is $293,844 (31.6%) higher than the average sold price of $931,056 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 4 bedroom home in London increased by $61,498 (7.1%) compared to the previous 30 day period (July 21 - August 19) and up $91,056 (10.8%) from the same time one year ago.Inventory Change
There were 156 4-bedroom homes listed in London over the last 30 days (August 20 - September 18), which is up 38.1% compared with the previous 30 day period (July 21 - August 19) and up 609.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($38,057) (4.1%) below asking price over the last 30 days (August 20 - September 18), which represents a $12,934 decrease compared to the previous 30 day period (July 21 - August 19) and ($28,888) 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 (August 20 - September 18) stood at 43.6%, down from 63.7% over the previous 30 days (July 21 - August 19) and up from 31.8% 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 38 days when successfully sold over the last 30 days (August 20 - September 18), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc.
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