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Property Description
Welcome to 23 Giles St! This Charming 1 1/2 storey Duplex home, featuring a cozy 2-two bedroom and a stylish 1-bedroom, along with a detached garage perfect for a mechanic's dream workspace. Close to all the amenities and just minutes away from the 401. Large back yard and close to the fields to play baseball soccer and even basketball! Ideal for investors and new home owners looking to get into the market! Call for a showing today!!
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
47' x 130'
Acreage
< .50
Lot Irregularities
130.79ft x 47.83ft x 130.78ft x 47.79ft
Fronting
East
Taxes
$2,748 (2023)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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London Market Statistics
London Price Trend
23 Giles St is a 2-bedroom 2-bathroom home listed for sale at $499,900, which is $71,986 (12.6%) lower than the average sold price of $571,886 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom home in London increased by $36,507 (6.8%) compared to the previous 30 day period (July 17 - August 15) and down $13,336 (2.3%) from the same time one year ago.Inventory Change
There were 68 2-bedroom homes listed in London over the last 30 days (August 16 - September 14), which is up 33.3% compared with the previous 30 day period (July 17 - August 15) and up 655.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($9,934) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $5,012 decrease compared to the previous 30 day period (July 17 - August 15) and ($13,388) 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 (August 16 - September 14) stood at 80.9%, down from 86.3% over the previous 30 days (July 17 - August 15) and down from 100.0% 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 32 days when successfully sold over the last 30 days (August 16 - September 14), compared to 85 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc.
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