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Property Description
This beautifully maintained two-storey home is a fantastic opportunity for home buyers looking for ample space or savvy investors seeking a prime rental location. Nestled on a quiet crescent, just a short walk to Fanshawe College, shopping, restaurants, and major bus routes, this home offers both comfort and convenience. Inside, youll be welcomed by an open, bright layout featuring hardwood floors throughout the main and upper levels. The spacious kitchen includes stone countertops, stainless steel appliances, and plenty of storage. The dedicated living and dining rooms provide a perfect place to host family and friends. Upstairs, you'll find four well-sized bedrooms and a newly updated 4-piece bathroom. The finished basement offers a recreation room and a bonus fifth bedroom. Outside you will enjoy the private backyard and patio area, plus a long driveway with parking for up to 4 vehicles. Some notable updates include high-efficiency AC (2024), updated primary bathroom (2024), new dryer (2024), many updated fixtures and window coverings throughout. Don't miss this incredible opportunity, schedule your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-23 | 2020-09-29 | 6 | $324,900 | $370,000 | Sold |
| 2017-05-24 | 2017-06-21 | 29 | $219,900 | $247,500 | Sold |
| 2005-09-16 | 2006-02-01 | 141 | $124,900 | $119,000 | Sold |
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
38' x 100'
Acreage
< .50
Fronting
West
Taxes
$2,344 (2024)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Bsmt | 11.61' x 12.01' | |
| Rec | Bsmt | 11.25' x 21.72' | |
| Foyer | Main | 7.91' x 5.12' | |
| Bathroom | Main | 3.61' x 4.72' | 2 Pc Bath |
| Living | Main | 12.01' x 16.67' | |
| Dining | Main | 12.01' x 11.94' | |
| Kitchen | Main | 12.01' x 9.55' | |
| Bathroom | 2nd | 7.02' x 4.89' | 4 Pc Bath |
| Prim Bdrm | 2nd | 11.88' x 11.09' | |
| Br | 2nd | 11.88' x 8.89' | |
| Br | 2nd | 8.43' x 9.74' | |
| Br | 2nd | 11.88' x 7.48' |
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London Market Statistics
London Price Trend
189 Rhine Ave is a 4-bedroom 2-bathroom home listed for sale at $460,000, which is $441,023 (48.9%) lower than the average sold price of $901,023 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $14,663 (1.7%) compared to the previous 30 day period (November 19 - December 18) and up $51,123 (6.0%) from the same time one year ago.Inventory Change
There were 111 4-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 15.9% compared with the previous 30 day period (November 19 - December 18) and up 825.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($36,240) (4.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $13,234 decrease compared to the previous 30 day period (November 19 - December 18) and ($29,000) 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 (December 19 - January 17) stood at 77.5%, up from 53.0% over the previous 30 days (November 19 - December 18) and down from 91.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 52 days when successfully sold over the last 30 days (December 19 - January 17), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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