38 Oliver St W

East L, London, N5Z 2E6
FOR SALE
$599,000
38 Oliver St W, London
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 8
ROOMS
X9348585
MLSID
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Property Description
Discover the perfect blend of charm and potential at 38 Oliver Street, London, On. This appealing bungalow has great street appeal, classic red brick with an inviting covered porch perfect for a chat with the neighbours, located in a quiet family neighbourhood. Main floor floor features everything you need for a small family, couple, or new homeowner looking to break into the market. Live in the three bed, living, dining, 4 piece bath main space and collect rent to supplement your payments by renting the lower level 2 bed, kitchen, living space. Communal laundry facilities. Separate entrances. Recent interior decor refresh. Move-in ready. Detached garage with long paved driveway, and massive 329' long yard, providing huge space for your own spin on things. Within walking distance to some legendary family businesses ,shopping and schools, discover this special multicultural area of London. Ten minutes to Downtown London, as well as 401, this location is perfect for ease of access.
Property Features
Arts Centre, Fenced Yard, Hospital, Library, School Bus Route
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
47' x 330'
Acreage
< .50
Lot Irregularities
47.49x135.79x6.51x193.58x40.19x329.90'
Fronting
East
Taxes
$3,146 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
BrMain8.20' x 8.89'
BrMain8.50' x 12.04'
DiningMain9.02' x 9.25'
KitchenMain11.09' x 8.43'
LivingMain11.78' x 15.45'
Prim BdrmMain10.73' x 12.04'
FamilyBsmt21.52' x 7.22'
KitchenBsmt9.35' x 10.30'
BrBsmt10.07' x 12.57'
BrBsmt8.92' x 15.06'
DiningBsmt10.37' x 12.57'
UtilityBsmt5.91' x 7.12'
London Market Statistics
London Price Trend
38 Oliver St W is a 3-bedroom 2-bathroom home listed for sale at $599,000, which is $19,462 (3.1%) lower than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% 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 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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