271 HIGHBURY Ave

East M, London, N5Z 2W8
FOR SALE
$450,000
271 HIGHBURY Ave, London
271 HIGHBURY Ave
271 HIGHBURY Ave
271 HIGHBURY Ave
271 HIGHBURY Ave
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4 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9 + 2
ROOMS
X9013718
MLSID
Contact Us
Property Description
Fantastic location with direct bus to Fanshawe College in front of the house and minutes to 401highway for all the commuters. Conveniently located steps away from Freshco Supermarket, Petro Canada, Convenience store and Tim Hortons. Major updates this year (2023) includes: all new windows throughout, new shingles and a new asphalt driveway for 6+ cars! Awesome addition to your portfolio with market rents in place. Vacant Possession.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-09 2024-06-19 131 $449,999 - Terminated
2023-03-04 2023-03-10 6 $269,000 $260,000 Sold
2023-10-23 2023-11-06 14 $450,000 - Terminated
2023-07-11 2023-09-02 53 $399,900 - Terminated
Property Features
Fenced Yard, Public Transit, School Bus Route
Property Details
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
35' x 104'
Acreage
< .50
Fronting
East
Taxes
$1,914 (2023)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
London Market Statistics
London Price Trend
271 HIGHBURY Ave is a 4-bedroom 2-bathroom home listed for sale at $450,000, which is $478,910 (51.6%) lower than the average sold price of $928,910 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $43,750 (4.9%) compared to the previous 30 day period (July 20 - August 18) and up $96,910 (11.6%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 559.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($40,513) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,612 decrease compared to the previous 30 day period (July 20 - August 18) and ($30,444) 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 (August 19 - September 17) stood at 47.6%, down from 58.6% over the previous 30 days (July 20 - August 18) and up from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 38 days when successfully sold over the last 30 days (August 19 - September 17), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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