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Property Description
This charming 3-bedroom bungalow in South London has been thoughtfully renovated with modern finishes. The home features a combination of ceramic flooring, luxury laminate, and plush new carpet, creating a stylish yet comfortable living space. Fresh paint has been applied throughout, giving the interior a bright and welcoming feel. With a convenient side entrance, there's excellent potential to add a lower-level suite, perfect for extended family or rental income. Situated close to all amenities, this property offers easy access to the 401, making it ideal for commuters or anyone seeking convenience and modern living.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 100'
Fronting
South
Taxes
$3,005 (2024)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
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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London Market Statistics
London Price Trend
22 Edmunds Cres is a 3-bedroom 2-bathroom home listed for sale at $547,000, which is $89,368 (14.0%) lower 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 2-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 Re/Max Advantage Realty Ltd.
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