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Property Description
Welcome to 305 Simpson crescent in London's east end, close to various amenities and easy access to the 401/402 for out of town commuting. This beautiful bungalow has been recently updated and is in meticulous condition. This 3 bedroom home features an open concept layout with a dining and living room space that flow to the kitchen. There is a lovely updated 4 piece bathroom on the main floor along with 3 generous sized bedrooms. The basement is mostly finished with a large recreational room with a corner electric fireplace unit and a large utility room with a rough in for a bathroom. The backyard features a lovely private and well manicured yard with gazebo perfect for enjoying the summer days.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-29 | 2024-11-18 | 20 | $595,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
30' x 101'
Fronting
South
Taxes
$2,894 (2024)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.73' x 14.99' | |
Dining | Main | 11.15' x 9.06' | |
Kitchen | Main | 7.09' x 16.90' | |
Prim Bdrm | Main | 10.83' x 14.07' | |
2nd Br | Main | 8.99' x 12.83' | |
3rd Br | Main | 10.99' x 9.84' | |
Rec | Lower | 17.16' x 23.39' | |
Utility | Lower | 17.16' x 21.65' |
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London Market Statistics
London Price Trend
305 Simpson Cres is a 3-bedroom 1-bathroom home listed for sale at $545,000, which is $94,742 (14.8%) lower than the average sold price of $639,742 in the last 30 days (December 11 - January 9). During the last 30 days the average sold price for a 3 bedroom home in London increased by $24,337 (4.0%) compared to the previous 30 day period (November 11 - December 10) and up $39,742 (6.6%) from the same time one year ago.Inventory Change
There were 105 3-bedroom homes listed in London over the last 30 days (December 11 - January 9), which is down 51.4% compared with the previous 30 day period (November 11 - December 10) and up 1,066.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($16,541) (2.6%) below asking price over the last 30 days (December 11 - January 9), which represents a $7,074 decrease compared to the previous 30 day period (November 11 - December 10) and ($19,000) 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 (December 11 - January 9) stood at 101.0%, up from 91.2% over the previous 30 days (November 11 - December 10) and down from 211.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in London stood at 32 days when successfully sold over the last 30 days (December 11 - January 9), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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