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Property Description
Welcome to this beautifully updated 2-bedroom bungalow, featuring a partially finished basement that adds versatile living space. Notice a modern kitchen with new dishwasher, new flooring, and just installed central air, alongside functional updates like windows, a high efficiency furnace. With a detached single garage and ample parking, convenience is at your doorstep. Ideally located near highway access, this property is part of a vibrant community with schools, shopping, and entertainment just moments away. Perfect for families or those seeking a blend of comfort and accessibility, this home is a must-see!
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
35' x 107'
Fronting
East
Taxes
$2,092 (2024)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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London Market Statistics
London Price Trend
240 East St E is a 2-bedroom 1-bathroom home listed for sale at $414,900, which is $121,612 (22.7%) lower than the average sold price of $536,512 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in London declined by $12,538 (2.3%) compared to the previous 30 day period (November 19 - December 18) and up $46,512 (9.5%) from the same time one year ago.Inventory Change
There were 39 2-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 20.4% compared with the previous 30 day period (November 19 - December 18) and up 1,850.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($12,586) (2.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,696 decrease compared to the previous 30 day period (November 19 - December 18) and ($24,450) 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 (December 19 - January 17) stood at 128.2%, up from 89.8% over the previous 30 days (November 19 - December 18) and down from 200.0% 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 33 days when successfully sold over the last 30 days (December 19 - January 17), compared to 125 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Lifestyles
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As you step through the front door of this cozy bungalow, you'll immediately notice how spacious and meticulously maintained the home is. The open-concept kitchen and living room provide ample space for large gatherings, enhanced by tall ceilings, a ceramic backsplash, and a modern kitchen featuring bright, large windows and newer stainless steel appliances.The main floor offers two bedrooms and a four-piece bathroom. At the back, a separate eat-in kitchen grants access to the basement, which includes plenty of storage, an extra computer room, and a finished recreation room with a TV area. The fenced backyard is perfect for outdoor activities.Additional features include a stove, washer, and dryer. Located in an ideal area for commuters with easy access to the 401, this property is also near numerous traditional restaurants and shops along the Hamilton Road core area.
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