221 Merlin Cres

East H, London, N5W 5A2
FOR SALE
$589,900
221 Merlin Cres, London
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
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221 Merlin Cres
221 Merlin Cres
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221 Merlin Cres
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221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
221 Merlin Cres
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221 Merlin Cres
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221 Merlin Cres
221 Merlin Cres
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
X9254443
MLSID
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Property Description
Beautifully updated 4-level back-split on a tree-lined street in London's Pottersburg neighbourhood. Main floor boasts large kitchen with breakfast bar, and an open-concept living/dining room combo with gas fireplace and a vaulted ceiling that extends to the upper level. Upstairs youll find 3 spacious bedrooms with closets, and an updated 4 pc bath. Lower levels include an additional family room, updated 3 pc bathroom, rec room currently being used as a 4th bedroom, and a laundry room with additional storage. Outside has a fully-fenced yard, parking for 4 vehicles, and a massive detached shop with hydro - a perfect space for the putterer, or for those extra storage needs. Other notable updates include furnace and a/c ('23), both bathrooms ('19 & '23), high quality laminate flooring ('23), and new fencing ('24). Walking distance to schools, parks, shopping, and just a quick 10 minute commute to the 401. This east end home is full of character and is the perfect place to call your own!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-07-22 2019-08-30 39 $334,900 $330,000 Sold
2010-04-01 2010-04-09 8 $189,900 $189,900 Sold
Property Details
Community
City
Property Type
Detached, Backsplit 4
Lot Size
60' x 127'
Acreage
< .50
Fronting
West
Taxes
$2,763 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.52' x 11.38'
LivingMain12.43' x 18.60'
Prim BdrmUpper12.24' x 11.06'
2nd BrUpper8.99' x 8.73'
3rd BrUpper12.24' x 10.20'
FamilyLower12.24' x 25.95'
RecBsmt10.17' x 20.24'
LaundryBsmt11.32' x 13.02'
BathroomUpper8.99' x 6.17'4 Pc Bath
BathroomLower8.56' x 5.68'3 Pc Bath
London Market Statistics
London Price Trend
221 Merlin Cres is a 3-bedroom 2-bathroom home listed for sale at $589,900, which is $37,338 (6.0%) lower 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 Thrive Realty Group Inc.
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