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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.
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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 |
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Property Details
Street
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
2nd Br | Main | 12.99' x 12.30' | California Shutters, Hardwood Floor |
Dining | Main | 12.07' x 12.96' | California Shutters, Crown Moulding, Hardwood Floor |
Living | Main | 15.26' x 17.95' | California Shutters, Crown Moulding, Hardwood Floor |
Kitchen | Main | 12.07' x 23.23' | California Shutters, Hardwood Floor, Walk-Out |
Laundry | Main | 6.86' x 7.97' | |
3rd Br | Main | 12.99' x 12.53' | |
Prim Bdrm | Main | 14.14' x 17.03' | California Shutters, Walk-Out, W/I Closet |
Bathroom | Main | 9.12' x 11.48' | 5 Pc Ensuite |
Bathroom | Main | 9.02' x 8.69' | 4 Pc Bath |
Family | Lower | 35.10' x 41.99' | 2 Way Fireplace, Laminate, Wet Bar |
4th Br | Lower | 9.84' x 11.98' | |
Office | Lower | 12.50' x 13.12' |
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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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