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Property Description
First time buyers, families combining, Investment - this could be the affordable home for you. A great brick, sided bungalow that is walking distance to secondary & elementary school, arena, parks, bus routes, & shopping. Located on lovely crescent that backs onto the greenspace of cemetery. The extra long driveway, that is all STAMPED concrete, starts at road at about 14.10 feet and widens to almost 17 ft in areas; plus, it goes along length of house behind fence-great patio area. Note: Extra large shed plus 2nd sheds. Yes this home has 3 bedrooms on the main level as well as potential 4th in lower, currently a den. Kitchen is convenient galley style just off the roomy dining area with bay window . Yes it is GAS, forced air, heat. Yes has 2 bathrooms with lower level updated from original. Roomy lower level Rec Room with brick, gas fireplace. The home was loved by its owner for many years, but as time passes, things become too much, and items need repair & upkeep. Seller/Trustee has not lived here in decades & why must sell this in "As-Is" condition with no warranties nor guarantees by seller. ..You can make this affordable home your vision with all the current day touches you would love. At one time (now overgrown) was little water feature/ponds, arbour, birds, etc in back, or the whimsical front yard with flower bed landscaping & mature trees by covered front porch. The indoor colours, flooring, cabinets, decor etc are left to your desire and budget or renew the old. Perhaps you want your extended family to live together - it might be possible here with side entry, and 2nd bathroom already downstairs; of course, with obtaining any required approvals for an accessory unit/granny flat. This home does have: central vacuum, central air, fireplace, and 5 appliances - all sold in As-is condition (may or may not work on close, etc). Some photos from Oct 2024 & digitally staged. Receipts found indicate: shingles 2021; driveway & porch 1993; - all as-is
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Property Features
Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
45' x 100'
Acreage
< .50
Fronting
North
Taxes
$2,862 (2024)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.14' x 7.71' | Galley Kitchen |
| Dining | Main | 13.85' x 11.06' | Bay Window |
| Living | Main | 11.38' x 15.39' | |
| Br | Main | 9.88' x 12.14' | |
| 2nd Br | Main | 9.88' x 10.76' | |
| 3rd Br | Main | 10.50' x 10.66' | |
| Family | Bsmt | 12.14' x 22.93' | Fireplace |
| Den | Bsmt | 11.58' x 15.75' | |
| Laundry | Bsmt | 4.72' x 11.38' | Laundry Sink |
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London Market Statistics
London Price Trend
25 Cornell Cres is a 3-bedroom 2-bathroom home listed for sale at $475,950, which is $149,261 (23.9%) lower than the average sold price of $625,211 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,001 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $370,637 (145.6%) from the same time one year ago.Inventory Change
There were 193 3-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 27.8% compared with the previous 30 day period (December 22 - January 20) and up 915.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,503) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,518 increase compared to the previous 30 day period (December 22 - January 20) and ($3,099) 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 (January 21 - February 19) stood at 64.2%, down from 101.3% over the previous 30 days (December 22 - January 20) and down from 210,715.8% 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 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Peak Select Realty Inc
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