231 Banbury Rd

South T, London, N5Z 4M1
FOR SALE
$519,900
231 Banbury Rd, London
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
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231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
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231 Banbury Rd
231 Banbury Rd
231 Banbury Rd
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231 Banbury Rd
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
11
ROOMS
X11975971
MLSID
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Property Description
A home is a story from its beginnings to the people who filled its rooms, and the walls that recorded their lives. Here is the story of 231 Banbury Road......I was barely eight years old when my owners purchased me in 1984. A semi-detached four- level back split, they liked what they saw and have owned me ever since (although I have been a rental property in recent years). My 992 square feet of space includes 3 +1 bedrooms, 1.5 bathrooms and an updated kitchen complete with stainless appliances. If I may say, I show very well with my gleaming hardwood floors, French doors and fully fenced yard! The separate entrance to lower 3rd level offers a unique opportunity, suitable for an in-law suite, income unit, or multi-generational living. Plus, my concrete driveway comfortably fits 3-4 vehicles, no parking worries here! A well-appointed charmer in the Pond Mills neighbourhood with convenient access to Highway 401 and LHSC
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-03 2020-11-03 92 $1,900 - Expired
2012-12-03 2013-02-28 91 $1,250 - Expired
2017-09-22 2018-02-28 106 $1,400 - Expired
2007-06-12 2007-09-12 92 $1,000 - Expired
2020-12-26 2021-02-03 41 $2,000 $1,950 Leased
Property Features
Fenced Yard
Property Details
Community
City
Property Type
Semi-Detached, Backsplit 4
Approximate Sq.Ft.
1100-1500
Lot Size
30' x 120'
Acreage
Not Appl
Fronting
South
Taxes
$2,737 (2024)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.29' x 20.83', Combined W/Dining
KitchenMain7.68' x 15.55'Breakfast Area, B/I Dishwasher
Prim Bdrm2nd9.91' x 17.98'
2nd Br2nd9.65' x 13.98'
3rd Br2nd8.99' x 13.65'
Family3rd10.99' x 24.48'
4th Br3rd12.66' x 11.81'
BreakfastMain8.01' x 7.68'
London Market Statistics
London Price Trend
231 Banbury Rd is a 4-bedroom 2-bathroom home listed for sale at $519,900, which is $456,134 (46.7%) lower than the average sold price of $976,034 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in London increased by $81,067 (9.1%) compared to the previous 30 day period (December 22 - January 20) and up $593,150 (154.9%) from the same time one year ago.
Inventory Change
There were 157 4-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 38.9% compared with the previous 30 day period (December 22 - January 20) and up 946.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,736) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,133 increase compared to the previous 30 day period (December 22 - January 20) and ($5,311) 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 4-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 35.0%, down from 71.7% over the previous 30 days (December 22 - January 20) and down from 105,113.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Centre City Realty Inc.
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