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Property Description
Attention downsizers, first time home buyers and investors!!Welcome to 197 Ellsworth Ave, located in the desirable Fairmont neighbourhood on a beautiful, oversized corner lot. This home underwent a complete renovation. Notable new upgrades include; Insulation top to bottom, Plumbing, Electrical, HVAC, 200 Amp Service, Engineered Hardwood, Sleek Modern Millwork, Windows & Doors, Kitchens & Bathrooms (Soft Close and Quartz Countertops), Main Floor In-Ceiling 5.1 Surround Speaker System, Soundproofing Surrounding All Bedrooms, Soffit, Facia, Eastroughs & the list goes on..This expansive lot provides ample space to grow, with a garage foundation in place to build on, or enlarge to build your dream shop. Investors could take advantage of the massive side yards for additional unit construction for rental potential.Irrigation surrounding the property makes maintaining this beautifully cared for low maintenance property a breeze. This low cost of living turn key home is a must see, book your private showing today.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-22 | 2024-11-18 | 27 | $599,900 | $595,000 | Sold |
2024-09-13 | 2024-10-21 | 38 | $634,900 | - | Terminated |
2023-01-30 | 2023-01-30 | 0 | $349,900 | $392,500 | Sold |
Property Features
Golf, Hospital, Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
61' x 135'
Fronting
West
Taxes
$2,404 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 8.20' x 11.81' | Hardwood Floor |
Dining | Main | 6.89' x 11.48' | Hardwood Floor |
Family | Main | 11.48' x 18.70' | Electric Fireplace, Hardwood Floor |
Prim Bdrm | Main | 7.87' x 13.48' | Hardwood Floor |
2nd Br | Main | 9.84' x 10.83' | |
Bathroom | Main | 4.92' x 7.87' | |
Rec | Lower | 10.83' x 20.34' | Broadloom |
3rd Br | Lower | 10.83' x 12.47' | |
4th Br | Lower | 9.19' x 10.83' | |
Bathroom | Lower | 8.20' x 10.83' |
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London Market Statistics
London Price Trend
197 Ellsworth Ave is a 2-bedroom 2-bathroom home listed for sale at $599,900, which is $60,346 (11.2%) higher than the average sold price of $539,554 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in London declined by $1,396 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $128,554 (31.3%) from the same time one year ago.Inventory Change
There were 65 2-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 20.7% compared with the previous 30 day period (September 21 - October 20) and up 622.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($7,191) (1.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $597 decrease compared to the previous 30 day period (September 21 - October 20) and ($25,450) 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 (October 21 - November 19) stood at 104.6%, up from 65.9% over the previous 30 days (September 21 - October 20) and up from 44.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 29 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Preferred Realty Inc.
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