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BEDROOMS3
BATHROOMS1
KITCHENS9 + 1
ROOMSX8222324
MLSIDContact Us
Property Description
GREAT VALUE IN THIS SOLID HOME, CLOSE TO FANSHAWE COLLEGE, SHOPPING, BUS ROUTE AND SCHOOLS. ROOF REPLACED IN 2022. HARDWOOD FLOORING THROUGHOUT UPPER LEVEL, LARGE OUTBUILDING FOR STORAGE. MUD ROOM OFF KITCHEN TO YARD. HOUSE NEEDS UPDATING AND IS PRICED ACCORDINGLY.
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
25' x 127'
Acreage
< .50
Fronting
North
Taxes
$2,163 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.32' x 12.01' | Fireplace, Hardwood Floor |
| Dining | Main | 12.66' x 13.48' | Hardwood Floor |
| Kitchen | Main | 11.32' x 12.66' | |
| Prim Bdrm | 2nd | 8.99' x 16.57' | 3 Pc Ensuite, Hardwood Floor |
| 2nd Br | 2nd | 11.68' x 16.99' | 2 Pc Ensuite, Hardwood Floor |
| 3rd Br | 2nd | 9.51' x 10.01' | Heated Floor |
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London Market Statistics
London Price Trend
372 Mornington Ave is a 3-bedroom 3-bathroom home listed for sale at $379,900, which is $271,781 (41.7%) lower than the average sold price of $651,681 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $36,604 (6.0%) compared to the previous 30 day period (March 2 - March 31) and up $26,762 (4.3%) from the same time one year ago.Inventory Change
There were 149 3-bedroom homes listed in London over the last 30 days (April 1 - April 30), which is up 198.0% compared with the previous 30 day period (March 2 - March 31) and up 413.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,281) (1.1%) below asking price over the last 30 days (April 1 - April 30), which represents a $8,936 decrease compared to the previous 30 day period (March 2 - March 31) and ($14,578) 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 (April 1 - April 30) stood at 448.3%, up from 98.0% over the previous 30 days (March 2 - March 31) and up from 106.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 16 days when successfully sold over the last 30 days (April 1 - April 30), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
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