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Property Description
The perfect investment property. Very sought after neighbourhood only minutes to Western University and University Heights elementary school. Oversized 75 ft by 150 ft lot allows for possible additional development to add additional living space and additional rental income in the future. Main floor features 3 generously sized bedrooms, 2 full bathrooms, a large eat-in kitchen with new stainless steel appliances and quartz countertops, a large living room with a gas fireplace, laundry hook-ups and access to a large deck overlooking the backyard. The lower level features a large bedroom, living room, kitchen, 3 piece bathroom, laundry room, storage room, large egress window. There is plenty of space to add an additional bedroom in the lower level if desired. This turn key property have recently been extensively updated throughout. This home is vacant and the ready to be rented at current market rents. The double wide drive allows for 6 car parking.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-30 | 2023-12-06 | 6 | $629,000 | $625,000 | Sold |
| 2023-11-30 | 2023-12-06 | 6 | $629,000 | $625,000 | Sold |
| 2023-11-30 | 2023-12-06 | 6 | $629,000 | $625,000 | Sold |
Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
75' x 150'
Acreage
< .50
Lot Irregularities
75.18'x150.43'x75.18'x150.42'
Fronting
South
Taxes
$4,020 (2023)
Basement
Apartment, Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.32' x 16.34' | |
| Living | Main | 13.42' x 17.85' | |
| Prim Bdrm | Main | 10.33' x 18.24' | |
| Br | Main | 11.52' x 11.42' | |
| Br | Main | 11.58' x 11.32' | |
| Kitchen | Lower | 9.09' x 10.93' | |
| Living | Lower | 11.42' x 26.90' | |
| Br | Lower | 11.25' x 13.32' | |
| Br | Lower | 11.25' x 13.32' | |
| Laundry | Lower | 5.84' x 8.76' | |
| Utility | Lower | 17.49' x 15.85' | |
| Cold/Cant | Lower | 5.84' x 8.76' |
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London Market Statistics
London Price Trend
264 Trott Dr is a 3-bedroom 3-bathroom home listed for sale at $779,900, which is $143,532 (22.6%) higher 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 3-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 Royal Lepage Triland Realty
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