174 Portsmouth Cres

East I, London, N5V 4C8
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174 Portsmouth Cres, London
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6 + 4
ROOMS
X8283938
MLSID
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Property Description
Welcome to your dream home! This stunning raised ranch boasts modern comfort and stylish living in every corner. Nestled in a serene neighbourhood with close access to the 401, this 3-bedroom, 1-bathroom gem is the epitome of contemporary elegance. As you step inside, you'll be greeted by an inviting open-concept main floor, perfect for entertaining guests or enjoying cozy family nights. The kitchen features newer appliances, ensuring that every meal preparation is a delight. Step outside to your ideal backyard oasis, complete with a luxurious hot tub, pergola, and gazebo- all included with the property. Need extra storage? No problem! A shed in the backyard provides ample space for all your tools and outdoor essentials. The home is equipped with new vinyl siding and exterior pot lights, adding a touch of modern sophistication. Plus, with a furnace, AC, and hot water tank all installed in 2017. Planning for the future? The basement offers a rough-in for a second washroom, allowing you to customize the space to suit your needs. Convenience is key with a side entrance walk-down accessible from the backyard, making outdoor entertaining a breeze. Additional features include a roof installed in 2019 and parking for 4 vehicles in the driveway. Don't miss out on the opportunity to make this stunning property your own. Schedule a viewing today and prepare to fall in love with your new home!
Property Details
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
39' x 98'
Acreage
< .50
Fronting
East
Taxes
$2,659 (2023)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
London Market Statistics
London Price Trend
174 Portsmouth Cres is a 2-bedroom 1-bathroom home listed for sale at $599,999, which is $6,922 (1.2%) higher than the average sold price of $593,077 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in London increased by $37,864 (6.8%) compared to the previous 30 day period (March 15 - April 13) and up $28,077 (5.0%) from the same time one year ago.
Inventory Change
There were 52 2-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 173.7% compared with the previous 30 day period (March 15 - April 13) and up 940.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($2,907) (0.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,587 increase compared to the previous 30 day period (March 15 - April 13) and ($9,900) 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 2-bedroom homes in London over the last 30 days (April 14 - May 13) stood at 307.7%, down from 331.6% over the previous 30 days (March 15 - April 13) and up from 60.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in London stood at 22 days when successfully sold over the last 30 days (April 14 - May 13), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp., Brokerage
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