217 Crimson Cres

East O, London, N5W 6G1
FOR SALE
$650,000
217 Crimson Cres, London
217 Crimson Cres
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217 Crimson Cres
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
X9053737
MLSID
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Property Description
Don't let this unique property pass you by! Spacious 4-level backsplit located on quiet one-way street. Property features open concept main floor, 3 above-grade bedrooms, and separate side entrance leading to large lower level complete with 4-piece ensuite bathroom. Lower level also features new flooring, gas fireplace, and above-grade windows offering plenty of natural light and providing the opportunity for rental income. 217 Crimson Crescent is ideally located steps from the Hamilton Road bus line with quick access to downtown London (8km) and the 401 highway (6.5km). With a short walk to East Park golf course and recreation facility, there is a lot to love about this home! Inspection report available upon request with high-efficiency gas furnace and other property insights.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2006-02-08 2006-02-16 8 $175,000 $175,000 Sold
Property Features
Golf, Park, Public Transit, Rec Centre
Property Details
Community
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1100-1500
Lot Size
33' x 112'
Fronting
West
Taxes
$3,744 (2024)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
London Market Statistics
London Price Trend
217 Crimson Cres is a 3-bedroom 2-bathroom home listed for sale at $650,000, which is $22,762 (3.6%) higher than the average sold price of $627,238 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in London declined by $22,314 (3.4%) compared to the previous 30 day period (July 17 - August 15) and down $415 (0.1%) from the same time one year ago.
Inventory Change
There were 256 3-bedroom homes listed in London over the last 30 days (August 16 - September 14), which is up 36.9% compared with the previous 30 day period (July 17 - August 15) and up 402.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,631) (1.9%) below asking price over the last 30 days (August 16 - September 14), which represents a $1,038 decrease compared to the previous 30 day period (July 17 - August 15) and ($3,169) 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 (August 16 - September 14) stood at 68.4%, down from 104.3% over the previous 30 days (July 17 - August 15) and up from 51.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 29 days when successfully sold over the last 30 days (August 16 - September 14), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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