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Property Description
This charming bungalow sits on a spacious .25-acre lot in a prime location, within walking distance to Victoria Hospital and close to all essential amenities. With a thoughtfully designed layout and fantastic features, this property is perfect for families, hobbyists, or anyone looking for a serene retreat in the city. The main floor offers three bedrooms, a bright and airy sunroom that overlooks the expansive backyard, and a full bathroom. Natural light flows through the open living spaces, creating a warm and inviting atmosphere. The lower floor features a versatile additional bedroom or home office, a second full bathroom, and plenty of storage space ideal for growing families or remote workers. Step outside to your private backyard oasis, where you'll find a large workshop with 220-ampserviceperfect for DIY enthusiasts, mechanics, or those needing extra storage. Don't miss your chance to own this unique property in an unbeatable location. Schedule your showing today and discover all that 338 Fairview Ave. has to offer!
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Property Features
Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 171'
Acreage
< .50
Fronting
East
Taxes
$3,870 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Sunroom | Main | 11.48' x 11.98' | |
Kitchen | Main | 10.50' x 11.48' | |
2nd Br | Main | 7.97' x 11.32' | |
Prim Bdrm | Main | 7.97' x 11.98' | |
3rd Br | Main | 8.99' x 9.97' | |
Rec | Lower | 21.98' x 12.80' | |
4th Br | Lower | 7.97' x 10.50' |
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London Market Statistics
London Price Trend
338 Fairview Ave is a 3-bedroom 2-bathroom home listed for sale at $554,000, which is $61,167 (9.9%) lower than the average sold price of $615,167 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,070 (2.2%) compared to the previous 30 day period (November 19 - December 18) and down $24,833 (3.9%) from the same time one year ago.Inventory Change
There were 138 3-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 19.3% compared with the previous 30 day period (November 19 - December 18) and up 1,154.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($29,447) (4.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,999 decrease compared to the previous 30 day period (November 19 - December 18) and ($14,000) 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 3-bedroom homes in London over the last 30 days (December 19 - January 17) stood at 117.4%, up from 101.8% over the previous 30 days (November 19 - December 18) and down from 190.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 38 days when successfully sold over the last 30 days (December 19 - January 17), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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