225 Simcoe St

East K, London, N6B 1J3
FOR SALE
$299,900
225 Simcoe St, London
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
225 Simcoe St
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3
BEDROOMS
1
BATHROOMS
48
KITCHENS
5
ROOMS
X11982179
MLSID
Contact Us
Property Description
What a sweet little house this is for the price!! If you are looking for an affordable starter home, this is definitely worth looking at ... also works great as an investment property! This super cozy and move in ready bungalow comes fully furnished with 3 bedrooms, a 4 piece bathroom, kitchen, living room/dining room combination, and main floor laundry. The 28 x 50' lot offers a great alternative to condo living, room for a patio and garden, without a lot of time required for yard work. This SOHO location is close to downtown and major bus routes. Why continue renting when you can own at this price?! Almost all of the furniture you see is included (less the TV and some decor), so truly offers the first time buyer or investor a great simple start!! Don't wait to book your viewing ... homes in this price range don't come to the London market often!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2002-12-09 2003-03-25 111 $54,900 $43,500 Sold
2012-06-13 2012-07-11 29 $78,100 $71,500 Sold
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
28' x 50'
Fronting
South
Taxes
$1,321 (2024)
Basement
Other, Unfinished
Exterior
Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.40' x 14.70'
KitchenMain8.99' x 13.71'B/I Dishwasher
BrMain8.40' x 13.81'
2nd BrMain8.50' x 10.79'
3rd BrMain8.01' x 10.01'
London Market Statistics
London Price Trend
225 Simcoe St is a 3-bedroom 1-bathroom home listed for sale at $299,900, which is $325,311 (52.0%) lower than the average sold price of $625,211 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,001 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $370,637 (145.6%) from the same time one year ago.
Inventory Change
There were 193 3-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 27.8% compared with the previous 30 day period (December 22 - January 20) and up 915.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,503) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,518 increase compared to the previous 30 day period (December 22 - January 20) and ($3,099) 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 (January 21 - February 19) stood at 64.2%, down from 101.3% over the previous 30 days (December 22 - January 20) and down from 210,715.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in London stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Thrive Realty Group Inc.
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