1931 Wateroak Dr

North S, London, N6G 0M7
FOR SALE
$824,900
1931 Wateroak Dr, London
1931 Wateroak Dr
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BEDROOMS
4
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1
KITCHENS
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Property Description
LOCATION! LOCATION! LOCATION! Welcome to this beautifully maintained home sitting on a huge corner lot in North London's Fox Hollow, one of the city's most sought after neighborhoods with around 2200 sq ft of total finished space. This home is situated within a few minutes to a smartcentre, London's coveted Masonville mall and two brand new elementary schools under construction. It has a front nearing 50 ft and comes with a double car garage. Main floor has a bright open concept kitchen with modern stainless steel appliances and a spacious living room. Upstairs, there is a large master bedroom and two other bedrooms. The lower level is fully finished with a recreation room that has a bar and a 2pc bathroom. Ideal for gatherings & recreation, this space can be easily used an office space or to relax. The highlight of the property is the massive fully fenced backyard that has a huge deck, a well kept green space, lot of plants and a storage shed. UPGRADES include a water softener & water filter in basement, gazebo, pergola, gas connection for barbeque, connection for a hot tub & a gas lit fire pit in backyard. Great opportunity for first time buyers, young professionals, investors or families with kids and/or pets.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-12-01 2020-12-12 11 $679,900 $670,000 Sold
Property Features
Park, School, School Bus Route
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
49' x 109'
Acreage
< .50
Fronting
South
Taxes
$4,356 (2023)
Basement
Finished, 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
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.51' x 9.84'
LivingMain10.50' x 14.60'
DiningMain10.07' x 10.79'
Br2nd11.09' x 15.98'
2nd Br2nd10.83' x 11.98'
3rd Br2nd10.50' x 10.83'
London Market Statistics
London Price Trend
1931 Wateroak Dr is a 3-bedroom 4-bathroom home listed for sale at $824,900, which is $188,532 (29.6%) higher than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.
Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 (October 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% 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 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Initia Real Estate (Ontario) Ltd
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