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Property Description
Welcome to this stunning 4+2 bedroom detached home in the highly sought-after Summerside neighborhood of London. With nearly 3,200 sq. ft. of luxurious living space, including a beautifully finished basement, this home has been thoughtfully upgraded for the discerning buyer, sparing no expense. Step inside to find elegance throughout. The kitchen is a chefs paradise, featuring granite countertops, soft-close cabinetry, a one-piece granite island, premium GE stainless steel appliances, a gas range, and a wine cooler; perfect for culinary enthusiasts. Rich hardwood flooring spans the main and upper levels, adding sophistication and warmth. Outside, the meticulously designed deck is covered, allowing for year-round enjoyment. Set on a 114.95-foot-deep lot, the property provides ample space for entertaining, relaxation, and additional storage. Ample parking is available with an attached two-car garage and a driveway upgraded with 8 inches of reinforced concrete, accommodating three additional vehicles. The beautifully landscaped exterior, with security cameras and tasteful pot lighting, enhances curb appeal. The main-floor laundry room is both practical and stylish, featuring a front-load washer and gas dryer for day-to-day convenience. The fully finished basement, with a separate entrance, includes two spacious bedrooms, a modern kitchen, a full bathroom, and a private washer/dryer. Its open-concept living and dining area adds tremendous value as an in-law suite or rental unit, providing excellent income potential for homeowners and investors alike .Freshly painted and move-in ready, this home is ideally located just minutes from Highway 401 and a new subdivision. Top-rated schools, a library, parks, dining, shopping, and essential services, including a hospital, are all nearby. This property is a rare find an extraordinary home in one of London's premier neighborhoods, with remarkable cash-flow potential. Don't miss this prime opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2006-03-01 | 2006-06-30 | 121 | $289,900 | - | Expired |
| 2017-09-12 | 2017-09-22 | 9 | $429,900 | $425,000 | Sold |
| 2008-03-26 | 2008-05-16 | 55 | $279,500 | $278,500 | Sold |
| 2006-07-07 | 2006-07-22 | 17 | $1,650 | $1,650 | Leased |
| 2017-08-21 | 2017-09-11 | 21 | $449,900 | - | Terminated |
Extras
75" TV in the Living Room | Wine Cooler in the Kitchen | Full Suite of Basement Appliances: Washer, Dryer, Stove, Microwave, and Refrigerator | Additional TV in the Basement (included as-is)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
49' x 115'
Lot Irregularities
49.09 X IRREGULAR
Fronting
West
Taxes
$5,380 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.86' x 24.48' | Granite Counter, Stainless Steel Appl, Breakfast Area |
| Living | Main | 12.99' x 24.48' | Combined W/Dining, Hardwood Floor, Pot Lights |
| Laundry | Main | 7.25' x 8.96' | Laundry Sink |
| Powder Rm | Main | 4.82' x 5.22' | |
| Prim Bdrm | 2nd | 13.06' x 19.23' | W/I Closet, 3 Pc Ensuite, Hardwood Floor |
| 2nd Br | 2nd | 11.52' x 13.32' | Closet, Hardwood Floor |
| 3rd Br | 2nd | 15.03' x 13.71' | Closet, Hardwood Floor |
| 4th Br | 2nd | 11.58' x 12.73' | Closet, Hardwood Floor |
| Bathroom | 2nd | 8.10' x 8.23' | 3 Pc Bath, Double Sink, Quartz Counter |
| Br | Bsmt | 8.46' x 12.96' | Window |
| 2nd Br | Bsmt | 12.34' x 12.24' | |
| Kitchen | Bsmt | 13.48' x 17.55' | Combined W/Living, Quartz Counter |
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London Market Statistics
London Price Trend
3070 MEADOWGATE Blvd is a 4-bedroom 4-bathroom home listed for sale at $899,990, which is $21,791 (2.5%) higher than the average sold price of $878,199 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in London declined by $1,432 (0.2%) compared to the previous 30 day period (September 21 - October 20) and down $1,801 (0.2%) from the same time one year ago.Inventory Change
There were 144 4-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 11.1% compared with the previous 30 day period (September 21 - October 20) and up 747.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($24,170) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,593 decrease compared to the previous 30 day period (September 21 - October 20) and ($9,900) 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 (October 21 - November 19) stood at 60.4%, up from 36.4% over the previous 30 days (September 21 - October 20) and up from 29.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in London stood at 30 days when successfully sold over the last 30 days (October 21 - November 19), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Executive Real Estate Services Ltd.
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