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Property Description
We are excited to announce the listing of 20 Connaught Ave at an attractive price of $499,000. This property features four spacious bedrooms and two full bathrooms, making it ideal for various living arrangements. Located in the heart of London, it offers exceptional access to bus routes servicing local college and university campuses. Residents will also enjoy the convenience of being just a short drive or bike ride away from downtown, shopping centers, grocery stores, and banks, providing ample resources. Additionally, this property boasts a generously sized backyard compared to neighbouring homes, along with an updated interior that enhances its appeal.
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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 $499,000, which is $37,512 (7.0%) lower than the average sold price of $536,512 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in London declined by $12,538 (2.3%) compared to the previous 30 day period (November 19 - December 18) and up $46,512 (9.5%) from the same time one year ago.Inventory Change
There were 39 2-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 20.4% compared with the previous 30 day period (November 19 - December 18) and up 1,850.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($12,586) (2.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,696 decrease compared to the previous 30 day period (November 19 - December 18) and ($24,450) 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 (December 19 - January 17) stood at 128.2%, up from 89.8% over the previous 30 days (November 19 - December 18) and down from 200.0% 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 33 days when successfully sold over the last 30 days (December 19 - January 17), compared to 125 days before being removed from the market upon being suspended or terminated.Listing contracted with The Realty Firm Inc.
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