1862 Cherrywood Tr

North M, London, N6H 0E1
FOR SALE
$799,990
1862 Cherrywood Tr, London
1862 Cherrywood Tr
1862 Cherrywood Tr
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
X11965046
MLSID
Contact Us
Property Description
Welcome to 1862 Cherrywood Trail, a beautiful 3 Bedroom 3 Bath family home nestled in one of Londons most desirable neighborhoods. This spacious and well-designed residence offers a warm and inviting atmosphere, perfect for those looking for both comfort and convenience.The home features bright and open living spaces, ideal for entertaining or simply unwinding after a long day. With modern amenities you can enjoy year-round comfort.Located in a family-friendly community, this home is close to excellent schools, parks, and everyday amenities. The neighborhood offers a perfect blend of suburban tranquility and urban accessibility, with shopping, dining, and public transit just minutes away.Whether youre raising a family or looking for a home in a great location, 1862 Cherrywood Trail presents a fantastic opportunity to experience the best of London living. to 1862 Cherrywood Trail, a beautiful family home nestled in one of Londons most desirable neighborhoods. This spacious and well-designed residence offers a warm and inviting atmosphere, perfect for those looking for both comfort and convenience.The home features bright and open living spaces, ideal for entertaining or simply unwinding after a long day. With modern amenities you can enjoy year-round comfort.Located in a family-friendly community, this home is close to excellent schools, parks, and everyday amenities. The neighborhood offers a perfect blend of suburban tranquility and urban accessibility, with shopping, dining, and public transit just minutes away.Whether youre raising a family or looking for a home in a great location, 1862 Cherrywood Trail presents a fantastic opportunity to experience the best of London living.
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
103' x 100'
Fronting
North
Taxes
$2,895 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
London Market Statistics
London Price Trend
1862 Cherrywood Tr is a 3-bedroom 3-bathroom home listed for sale at $799,990, which is $174,779 (28.0%) higher than the average sold price of $625,211 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,001 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $370,637 (145.6%) from the same time one year ago.
Inventory Change
There were 193 3-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 27.8% compared with the previous 30 day period (December 22 - January 20) and up 915.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,503) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,518 increase compared to the previous 30 day period (December 22 - January 20) and ($3,099) 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 3-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 64.2%, down from 101.3% over the previous 30 days (December 22 - January 20) and down from 210,715.8% 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 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Percy Fulton Ltd.
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