242 East Rivertrace Walk

North R, London, N6G 5L1
FOR SALE
$1,499,999
242 East Rivertrace Walk, London
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
242 East Rivertrace Walk
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 4
ROOMS
X9256242
MLSID
Contact Us
Property Description
Move in ready! Welcome to your dream bungalow, backing to a green space. This meticulously crafted home boasts a seamlessly flowing modern, open concept main floor, perfect for entertaining or cozy family gatherings. Step into the stunningly renovated kitchen adorned with brand new appliances, featuring the convenience of a sweeper and central vac for effortless cleanup. As you relax in the inviting living room, bask in the warmth of the new electric fireplace, creating a focal point for relaxation and comfort. The main floor is adorned with elegant California shutters, offering both privacy and natural light. Retreat to the primary bedroom, where a serene oasis awaits, complete with direct access to the beautifully landscaped backyard, walk-in closet and ensuite. Discover your own private, fully fenced outdoor paradise, featuring an in-ground heated pool (new pool liner) surrounded by lush greenery, a cabana and a bar area with the convenience of in-ground sprinklers. Newer roof. Stunning lower level includes a wet bar, billiards area, gym, den and an extra bedroom and bathroom. Close to schools, shopping area, restaurants, hospitals and University. Featured in Lifestyle magazine/kitchen reno won LHBA Awards of Creative Excellence.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-02 2024-08-02 92 $1,599,900 - Expired
2024-05-02 2024-07-02 61 $1,599,900 - Suspended
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
66' x 125'
Fronting
West
Taxes
$8,621 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
2nd BrMain12.99' x 12.30'California Shutters, Hardwood Floor
DiningMain12.07' x 12.96'California Shutters, Crown Moulding, Hardwood Floor
LivingMain15.26' x 17.95'California Shutters, Crown Moulding, Hardwood Floor
KitchenMain12.07' x 23.23'California Shutters, Hardwood Floor, Walk-Out
LaundryMain6.86' x 7.97'
3rd BrMain12.99' x 12.53'
Prim BdrmMain14.14' x 17.03'California Shutters, Walk-Out, W/I Closet
BathroomMain9.12' x 11.48'5 Pc Ensuite
BathroomMain9.02' x 8.69'4 Pc Bath
FamilyLower35.10' x 41.99'2 Way Fireplace, Laminate, Wet Bar
4th BrLower9.84' x 11.98'
OfficeLower12.50' x 13.12'
London Market Statistics
London Price Trend
242 East Rivertrace Walk is a 3-bedroom 3-bathroom home listed for sale at $1,499,999, which is $864,730 (136.1%) higher than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.
Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) 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 (October 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 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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