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Property Description
Welcome to your peaceful retreat on a quiet, tree-lined street - offering the perfect balance of city convenience and country charm. This charming brick bungalow, ideal for hobbyists and nature enthusiasts, is being offered in AS-IS CONDITION, inviting you to bring your personal touch and vision to make it truly your own. Inside, you'll find 2 cozy bedrooms, a versatile den (easily converted into a 3rd bedroom), and a generous 4-piece bathroom. Hardwood floors flow through the main living, completed by warm wood cabinetry in the kitchen, creating a bright, open space that's perfect for both daily living and enthusiasts, woodworkers, or those needing extra space for hobbies. This home sits across from a community garden, surrounded by fields, wooded areas, and access to the Thames River Trail system, bringing nature to your doorstep. With ample parking for up to 6 vehicles.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-24 | 2022-07-31 | 157 | $499,900 | - | Expired |
| 2021-06-21 | 2021-09-11 | 82 | $449,900 | $440,000 | Sold |
| 2008-03-14 | 2008-04-17 | 36 | $149,900 | $145,000 | Sold |
Extras
A new project for 92 townhouse is proposed adjacent to this property, currently undergoing city review and neighbour consultation. If approved, these 3.5 storey townhouses are expected to enhance the area and significantly boost value.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
60' x 95'
Fronting
North
Taxes
$2,706 (2024)
Basement
Finished, Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 19.42' x 12.76' | |
| Kitchen | Main | 15.58' x 9.09' | |
| Prim Bdrm | Main | 10.24' x 11.15' | |
| 2nd Br | Main | 7.68' x 11.48' | |
| Den | Main | 10.27' x 11.15' | |
| Bathroom | Main | 7.41' x 10.07' | |
| Laundry | Bsmt | 10.76' x 19.91' |
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London Market Statistics
London Price Trend
24 Norlan Ave is a 2-bedroom 1-bathroom home listed for sale at $485,000, which is $43,187 (8.2%) lower than the average sold price of $528,187 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 2 bedroom home in London declined by $4,317 (0.8%) compared to the previous 30 day period (October 3 - November 1) and up $93,187 (21.4%) from the same time one year ago.Inventory Change
There were 63 2-bedroom homes listed in London over the last 30 days (November 2 - December 1), which is down 20.3% compared with the previous 30 day period (October 3 - November 1) and up 800.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($13,716) (2.6%) below asking price over the last 30 days (November 2 - December 1), which represents a $9,918 decrease compared to the previous 30 day period (October 3 - November 1) and ($38,900) 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 (November 2 - December 1) stood at 90.5%, up from 82.3% over the previous 30 days (October 3 - November 1) and up from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in London stood at 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Services Inc.
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