246 Paardeberg Cres

East C, London, N5Y 1B8
FOR SALE
$369,900
246 Paardeberg Cres, London
246 Paardeberg Cres
246 Paardeberg Cres
246 Paardeberg Cres
246 Paardeberg Cres
246 Paardeberg Cres
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
X9768869
MLSID
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Property Description
Larger than it appears! Convenient location close to Fanshawe College and growing area of East London. Excellent rental opportunity or starter home for industrious buyer. Bright living room. One bedroom on main floor or could be converted to formal dining room. Two bedrooms on upper level plus a fully finished basement. Two full bathrooms as well. Large rear yard. Quiet street. Currently rented month-to-month for $2000 inclusive. Property is sold as is.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2011-01-27 2011-07-31 185 $149,888 - Expired
2016-07-27 2017-02-12 201 $189,900 $183,000 Sold
Extras
NONE
Property Features
Public Transit
Property Details
Community
City
Property Type
Semi-Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
30' x 130'
Fronting
East
Taxes
$2,514 (2023)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.22' x 15.75'
KitchenMain7.58' x 14.14'
BrMain8.99' x 11.48'
Prim Bdrm2nd8.99' x 15.16'
Br2nd9.97' x 10.73'
DenLower7.58' x 9.97'
London Market Statistics
London Price Trend
246 Paardeberg Cres is a 3-bedroom 2-bathroom home listed for sale at $369,900, which is $266,468 (41.9%) lower than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.
Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Blue Forest Realty Inc.
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