27 Classic Cres

South W, London, N5W 5T7
FOR SALE
$725,000
27 Classic Cres, London
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
27 Classic Cres
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
4 + 5
ROOMS
X8241644
MLSID
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Property Description
Nearby are the Thames Valley Parkway paved cycling and walking trail, dog park and shopping. Enter the home in a large entryway and vaulted ceiling living room. The bedrooms are large with vaulted ceilings, hardwood floors and large closets. There is parking for 6+ cars.Heating bills are low with a high-efficiency natural gas furnace. There are 2 electrical panels, one for the garage. The air conditioner is oversized, easily maintaining a constant temperature in summer heat. Recently a new stove and washer were installed. The home has central vac; natural gas hookup in the kitchen, laundry room and BBQ.Large kitchen island with second cooktop, Italian tile flooring is throughout. The dining area with a large window overlooks the garden.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2015-10-08 2015-10-16 7 $299,900 $305,400 Sold
2009-02-27 2009-04-10 45 $279,900 $275,000 Sold
Extras
Gas dryer (owned), new washer, new stove. Oversized air conditioner, smart wifi garage door opener, second hydro panel in garage, bbq natural gas hookup. *For Additional Property Details Click The Brochure Icon Below*
Property Details
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
40' x 115'
Lot Irregularities
40.15 Ft X 115.82 Ft X 40.11 Ft X 117.65
Fronting
South
Taxes
$4,502 (2023)
Basement
Sep Entrance
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain15.32' x 18.73'
FamilyMain15.09' x 30.09'
2nd BrMain14.07' x 11.32'
3rd BrMain13.42' x 16.24'
BathroomMain7.15' x 9.25'
Prim Bdrm2nd20.73' x 17.75'
Bathroom2nd14.17' x 8.92'
KitchenLower11.68' x 11.15'
BrLower15.16' x 13.91'
BathroomLower15.26' x 11.32'
BathroomLower15.26' x 11.32'
London Market Statistics
London Price Trend
27 Classic Cres is a 3-bedroom 3-bathroom home listed for sale at $725,000, which is $73,961 (11.4%) higher than the average sold price of $651,039 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 3 bedroom home in London increased by $31,263 (5.0%) compared to the previous 30 day period (March 1 - March 30) and up $31,524 (5.1%) from the same time one year ago.
Inventory Change
There were 131 3-bedroom homes listed in London over the last 30 days (March 31 - April 29), which is up 162.0% compared with the previous 30 day period (March 1 - March 30) and up 351.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,248) (1.1%) below asking price over the last 30 days (March 31 - April 29), which represents a $7,724 decrease compared to the previous 30 day period (March 1 - March 30) and ($14,608) more 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 (March 31 - April 29) stood at 506.9%, up from 100.0% over the previous 30 days (March 1 - March 30) and up from 110.3% 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 16 days when successfully sold over the last 30 days (March 31 - April 29), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ici Source Real Asset Services Inc.
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