27 HINES Cres

South Q, London, N6C 3A2
FOR SALE
$579,900
27 HINES Cres, London
27 HINES Cres
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2 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 6
ROOMS
X10780122
MLSID
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Property Description
Looking for a great opportunity to own a home for the growing family then this is it. Over the years pretty much everything has been replaced or upgraded including a brand new driveway, newer roof and windows, furnace and air conditioner. The entire basement has been spray foamed and attic insulation upgraded making this home as snug as a bug, and easy on the heating pocket book. There are two generous sized bedrooms on the upper level and two additional rooms downstairs along with a rec room and full bath. The separate side entrance provides a potential to add a Granny suite by adding a kitchenette and egress window. The location is great, sitting between Southdale and Commissioners makes it close to Whiteoaks Mall and Victoria Hospital and pretty much every other convenience you can find in the city. It has quick and easy access to the 401 corridor, as well, for those people needing to be on the move. The low maintenance exterior and gardens allows you to enjoy the outdoors without feeling you constantly have to be doing something. So you will want to relax in your, nice sized, fenced yard, with a back door patio access allowing for easy access to the outdoors while providing lots of light in the master. Dare to compare this house to the others, on the market, and in the area, to see that we are competitively priced and ready to sell.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-16 2024-09-30 76 $599,000 - Expired
2024-06-07 2024-07-17 40 $629,000 - Terminated
Property Features
Golf
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
45' x 110'
Acreage
< .50
Taxes
$3,354 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Room Summary
RoomLevelSizeFeatures
KitchenMain11.32' x 18.24'
LivingMain13.32' x 16.01'
DiningMain10.50' x 9.32'
Prim BdrmMain11.52' x 11.32'
BrMain10.66' x 12.50'
OfficeLower11.52' x 11.32'
BrLower6.76' x 10.99'
BrLower10.99' x 27.99'
LaundryLower10.60' x 11.32'
UtilityLower5.15' x 10.99'
London Market Statistics
London Price Trend
27 HINES Cres is a 2-bedroom 2-bathroom home listed for sale at $579,900, which is $38,222 (7.1%) higher than the average sold price of $541,678 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom home in London increased by $10,864 (2.0%) compared to the previous 30 day period (October 12 - November 10) and down $19,322 (3.4%) from the same time one year ago.
Inventory Change
There were 56 2-bedroom homes listed in London over the last 30 days (November 11 - December 10), which is down 8.2% compared with the previous 30 day period (October 12 - November 10) and up 1,020.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($11,735) (2.2%) below asking price over the last 30 days (November 11 - December 10), which represents a $5,498 decrease compared to the previous 30 day period (October 12 - November 10) and ($38,900) 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 2-bedroom homes in London over the last 30 days (November 11 - December 10) stood at 91.1%, down from 101.6% over the previous 30 days (October 12 - November 10) and up from 20.0% 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 34 days when successfully sold over the last 30 days (November 11 - December 10), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Initia Real Estate (Ontario) Ltd
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