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Property Description
This 4-bedroom, 2-bathroom home at 20 Connaught Ave is an excellent opportunity, especially for those looking for student housing. Its prime location in London, close to multiple college bus routes, makes it convenient for students. The fully finished basement adds extra living space, which could be ideal for renting out or housing additional roommates. With two-car parking, you'll have ample space for vehicles, and the large backyard provides a great outdoor area for relaxation or gatherings, setting it apart from neighboring properties. The sellers are flexible with the closing date, which can be a significant advantage for buyers. Just remember to give 24 hours' notice for showings! This property could be a fantastic investment or a lovely family home.
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Property Features
Arts Centre, Fenced Yard, Hospital, Library, Park, Place Of Worship
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
45' x 115'
Fronting
East
Taxes
$2,769 (2024)
Basement
Finished, Full
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 16.83' x 13.22' | |
Kitchen | Main | 10.40' x 8.66' | |
Prim Bdrm | Main | 13.06' x 10.40' | |
2nd Br | Main | 10.50' x 8.50' | |
3rd Br | Bsmt | 14.07' x 8.83' | |
4th Br | Bsmt | 9.48' x 10.50' | |
Rec | Bsmt | 11.91' x 12.57' | |
Laundry | Bsmt | 7.48' x 8.10' |
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London Market Statistics
London Price Trend
20 Connaught Ave N is a 2-bedroom 2-bathroom home listed for sale at $525,000, which is $16,678 (3.1%) lower than the average sold price of $541,678 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom home in London increased by $10,864 (2.0%) compared to the previous 30 day period (October 12 - November 10) and down $19,322 (3.4%) from the same time one year ago.Inventory Change
There were 56 2-bedroom homes listed in London over the last 30 days (November 11 - December 10), which is down 8.2% compared with the previous 30 day period (October 12 - November 10) and up 1,020.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($11,735) (2.2%) below asking price over the last 30 days (November 11 - December 10), which represents a $5,498 decrease compared to the previous 30 day period (October 12 - November 10) and ($38,900) 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 (November 11 - December 10) stood at 91.1%, down from 101.6% over the previous 30 days (October 12 - November 10) and up from 20.0% 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 34 days when successfully sold over the last 30 days (November 11 - December 10), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with The Realty Firm Inc.
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