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Property Description
Welcome to 250 Edinburgh St, a perfect opportunity for investors or savvy first-time buyers alike. This versatile bungalow offers 2 bedrooms on the main floor, a functional living & dining area, refreshed kitchen, a newly renovated 4pc bathroom and new flooring throughout. Downstairs you will find a third bedroom, additional storage and a den/home office, offering ample space for potential rental income or expansion. Throughout the property you will find almost all new windows installed in 2024, ensuring confidence and comfort. With ample room for parking and a detached 1 car garage with room to expand, this property offers plenty of opportunities. Reach out today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2008-05-16 | 2008-06-19 | 34 | $154,900 | $145,000 | Sold |
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
35' x 129'
Fronting
South
Taxes
$2,674 (2024)
Basement
Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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London Market Statistics
London Price Trend
250 Edinburgh St is a 2-bedroom 2-bathroom home listed for sale at $499,990, which is $104,746 (17.3%) lower than the average sold price of $604,736 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in London increased by $44,081 (7.9%) compared to the previous 30 day period (December 22 - January 20) and up $368,777 (156.3%) from the same time one year ago.Inventory Change
There were 53 2-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 23.3% compared with the previous 30 day period (December 22 - January 20) and up 657.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($4,420) (0.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,862 increase compared to the previous 30 day period (December 22 - January 20) and ($3,301) 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 2-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 66.0%, down from 104.7% over the previous 30 days (December 22 - January 20) and down from 159,342.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 37 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Lifestyles
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