31 Cleveland Pl

South J, London, N5Z 4T5
FOR SALE
$499,000
31 Cleveland Pl, London
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1 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X9232979
MLSID
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Property Description
Feel like you're at the cottage every day in this charming 3-bedroom bungalow, nestled on a large pie-shaped lot that offers a serene escape from the hustle and bustle of city life. Step inside to discover a spacious, open-concept main floor that seamlessly connects the living, dining, and kitchen areas, creating an inviting space for family gatherings and entertaining. The kitchen features walkouts to a massive deck, perfect for summer barbecues, morning coffees, or simply soaking in the beauty of your park-like backyard. The outdoor space is a true retreat, boasting mature trees, a picturesque flagstone patio, and an in-ground fire pit, ideal for cozy evenings under the stars. Venture downstairs to the walk-out basement, which offers a wealth of additional living space. Here, you'll find ample storage and hobby rooms, perfect for the DIY enthusiast, or those who just need some extra space. The basement also includes two well-appointed bedrooms, a large rec room for family fun or home theater nights, and a full bathroom, making it an ideal guest suite or teen hangout. Located in a prime area, this home is just a stone's throw away from the London Health Sciences Centre, top-rated schools, scenic bike paths, and convenient bus routes. You'll also enjoy easy access to local amenities and the Highway 401, making commuting a breeze. This property truly combines the tranquility of cottage living with all the conveniences of city life. Don't miss the opportunity to make this unique home your own. Schedule a viewing today and experience its charm for yourself!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2017-07-25 2017-07-30 5 $239,900 $260,500 Sold
2018-03-23 2018-03-26 4 $274,900 $290,000 Sold
2002-10-16 2002-11-05 24 $144,900 $140,000 Sold
2009-06-10 2009-07-13 34 $194,900 $192,000 Sold
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
33' x 120'
Fronting
West
Taxes
$3,128 (2023)
Basement
Fin W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain15.16' x 10.66'
KitchenMain16.17' x 8.50'
BathroomMain5.35' x 9.42'
FamilyMain19.16' x 12.24'
RecLower19.16' x 12.24'
BrLower11.65' x 9.65'
BrLower10.50' x 9.32'
LaundryLower9.65' x 5.97'
London Market Statistics
London Price Trend
31 Cleveland Pl is a 1-bedroom 2-bathroom home listed for sale at $499,000, which is $99,000 (24.7%) higher than the average sold price of $400,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 1 bedroom home in London declined by $240,125 (37.5%) compared to the previous 30 day period (July 21 - August 19) and up $40,000 (11.1%) from the same time one year ago.
Inventory Change
There were 6 1-bedroom homes listed in London over the last 30 days (August 20 - September 18), which is up 50.0% compared with the previous 30 day period (July 21 - August 19) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in London typically sold ($9,900) (2.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $150,125 decrease compared to the previous 30 day period (July 21 - August 19) and ($39,999) 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 1-bedroom homes in London over the last 30 days (August 20 - September 18) stood at 16.7%, down from 25.0% over the previous 30 days (July 21 - August 19) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom home in London stood at 104 days when successfully sold over the last 30 days (August 20 - September 18), compared to 24 days before being removed from the market upon being suspended or terminated.
Listing contracted with Oak And Key Real Estate Brokerage, Inc.
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