35 Clarke Rd
London, N5W 5W5
FOR SALE
$1,849,900
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BEDROOMS2
BATHROOMS1
KITCHENS8
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Property Description
Attention Builders and Developers! Heres your chance to secure an expansive 1.565-acre lot with outstanding future development potential. Located in a prime, highly sought-after area, this exceptional piece of land offers a blank canvas for visionary projects, ideal for creating a vibrant residential community. This property features transit right on your doorstep and is minutes away from the 401, Argyle Mall, schools, colleges, parks, places of worship, and many more ameneties. It offers unmatched convenience and accessibility for future residents. Don't miss this rare opportunity to invest in a promising development site. Act now to secure this exceptional property and turn your development dreams into reality!
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Property Features
Hospital, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
142' x 482'
Fronting
East
Taxes
$3,830 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Other
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 6.56' x 6.56' |
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London Market Statistics
London Price Trend
35 Clarke Rd is a 4-bedroom 2-bathroom home listed for sale at $1,849,900, which is $971,701 (110.6%) 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 2-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 Champs Real Estate Brokerage Inc.
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