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Property Description
Discover your dream home in the prestigious Summerside neighborhood of London! This exquisite property, situated on a prime corner lot, offers a 2-car garage and ample open parking space. The huge, beautiful backyard, adorned with mature trees, is perfect for enjoying summer days. The home boasts a total living space of 2,660 sq. ft., including an 896 sq. ft. finished basement. The main floor features a spacious kitchen upgraded with quartz countertops, along with a dining area and living room, creating a warm and inviting atmosphere. Upstairs, youll find three generously sized bedrooms with hardwood floors. The finished basement includes two additional bedrooms, a new kitchen with quartz countertops, a full washroom, and a separate entry, making it ideal for multi-generational living or rental potential. The property is conveniently located just minutes from Highway 401 and adjacent to a new, upcoming subdivision. Top-rated schools, a library, playgrounds, and places of worship are all within walking distance. Grocery stores, bars, restaurants (2-3 km), and a hospital (less than 5 km) are close by, along with banks and shopping plazas. This home is not only a dream buy for families but also an excellent investment opportunity with positive cash flow potential. Don't miss your chance to own this rare and prime property in one of London's most desirable neighborhoods!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-12 | 2024-11-28 | 47 | $779,000 | - | Terminated |
2022-10-25 | 2022-12-31 | 68 | $774,900 | - | Expired |
2021-04-08 | 2021-04-13 | 5 | $639,900 | $765,550 | Sold |
2017-09-12 | 2017-09-22 | 10 | $374,900 | $380,000 | Sold |
2022-09-28 | 2022-10-24 | 26 | $799,900 | - | Terminated |
2022-07-09 | 2022-09-09 | 62 | $879,000 | - | Terminated |
2022-07-21 | 2022-09-17 | 58 | $879,000 | - | Terminated |
Extras
Basement Refrigerator, Stove
Property Features
Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
51' x 112'
Acreage
< .50
Fronting
North
Taxes
$4,208 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Main | 13.75' x 17.49' | Hardwood Floor |
Kitchen | Main | 9.51' x 13.48' | Tile Floor, Combined W/Dining, Quartz Counter |
Dining | Main | 8.86' x 14.30' | Tile Floor, Combined W/Kitchen |
Prim Bdrm | 2nd | 12.17' x 16.24' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
2nd Br | 2nd | 12.14' x 12.50' | Hardwood Floor, Mirrored Closet, Large Window |
3rd Br | 2nd | 10.60' x 12.24' | Hardwood Floor, Mirrored Closet |
4th Br | Bsmt | 9.55' x 13.88' | Laminate |
5th Br | Bsmt | 8.86' x 13.19' | Laminate |
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London Market Statistics
London Price Trend
1556 Green Gables Rd is a 3-bedroom 4-bathroom home listed for sale at $749,990, which is $123,949 (19.8%) higher than the average sold price of $626,041 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 3 bedroom home in London declined by $3,937 (0.6%) compared to the previous 30 day period (October 4 - November 2) and down $2,244 (0.4%) from the same time one year ago.Inventory Change
There were 207 3-bedroom homes listed in London over the last 30 days (November 3 - December 2), which is down 23.0% compared with the previous 30 day period (October 4 - November 2) and up 613.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($10,340) (1.7%) below asking price over the last 30 days (November 3 - December 2), which represents a $3,403 increase compared to the previous 30 day period (October 4 - November 2) and ($21,328) 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 (November 3 - December 2) stood at 93.7%, up from 71.0% over the previous 30 days (October 4 - November 2) and up from 48.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in London stood at 30 days when successfully sold over the last 30 days (November 3 - December 2), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Executive Real Estate Services Ltd.
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