2583 Buroak Dr

North S, London, N6G 5B6
FOR SALE
$1,050,000
2583 Buroak Dr, London
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
9
ROOMS
X8217116
MLSID
Contact Us
Property Description
Welcome to the brand new Belmont that is among the latest new builds in the coveted Foxfield subdivision in Northwest London. Surrounded by parks, trails, schools and lots of shopping, this sought after home is the latest to be built with your family in mind. With 4 large bedrooms on the second floor, along with upstairs laundry, the main floor is designed for gathering, entertaining and cooking with ease. One of the most appreciated features is the walk through pantry, as it allows for unloading groceries quickly and keeps your countertops in the kitchen clutter free. The spacious living room has a fireplace which makes Winter days cozy and offers a beautiful focal point year round. The kitchen has a large island that fits 4 stools and loads of cabinets to hold all of your kitchen dishes and gadgets. With dedicated breakfast nook and separate dining area, alongside the living room, there is no shortage of space to work, hang out and gather. The modern finishes, high end lighting, thoughtful layout and premiere location make this an easy choice to call this home! *Please note the interior pictures are of the staged model home, the actual home is vacant*
Property Features
Golf, Library, Park, School
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 108'
Acreage
< .50
Fronting
South
Basement
Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.99' x 12.99'
BreakfastMain10.01' x 12.24'
DiningMain10.99' x 16.99'
LivingMain13.32' x 16.99'
Prim Bdrm2nd14.01' x 17.49'5 Pc Ensuite
Br2nd9.84' x 10.50'
2nd Br2nd10.99' x 11.68'
3rd Br2nd10.99' x 11.91'
Laundry2nd6.43' x 8.50'
Other2nd8.01' x 8.01'
MudroomMain5.41' x 10.01'
London Market Statistics
London Price Trend
2583 Buroak Dr is a 4-bedroom 3-bathroom home listed for sale at $1,050,000, which is $156,463 (17.5%) higher than the average sold price of $893,537 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 4 bedroom home in London increased by $58,933 (7.1%) compared to the previous 30 day period (March 3 - April 1) and up $35,199 (4.1%) from the same time one year ago.
Inventory Change
There were 143 4-bedroom homes listed in London over the last 30 days (April 2 - May 1), which is up 276.3% compared with the previous 30 day period (March 3 - April 1) and up 694.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($22,867) (2.6%) below asking price over the last 30 days (April 2 - May 1), which represents a $1,604 increase compared to the previous 30 day period (March 3 - April 1) and ($723) 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 4-bedroom homes in London over the last 30 days (April 2 - May 1) stood at 193.7%, up from 73.7% over the previous 30 days (March 3 - April 1) and up from 72.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 27 days when successfully sold over the last 30 days (April 2 - May 1), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp., Brokerage
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