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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.
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Property Features
Arts Centre, Fenced Yard, Hospital, Library, School Bus Route
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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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 8.20' x 8.89' | |
| Br | Main | 8.50' x 12.04' | |
| Dining | Main | 9.02' x 9.25' | |
| Kitchen | Main | 11.09' x 8.43' | |
| Living | Main | 11.78' x 15.45' | |
| Prim Bdrm | Main | 10.73' x 12.04' | |
| Family | Bsmt | 21.52' x 7.22' | |
| Kitchen | Bsmt | 9.35' x 10.30' | |
| Br | Bsmt | 10.07' x 12.57' | |
| Br | Bsmt | 8.92' x 15.06' | |
| Dining | Bsmt | 10.37' x 12.57' | |
| Utility | Bsmt | 5.91' x 7.12' |
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London Market Statistics
London Price Trend
38 Oliver St W is a 3-bedroom 2-bathroom home listed for sale at $549,000, which is $69,966 (11.3%) lower than the average sold price of $618,966 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in London declined by $16,195 (2.5%) compared to the previous 30 day period (October 3 - November 1) and down $9,319 (1.5%) from the same time one year ago.Inventory Change
There were 224 3-bedroom homes listed in London over the last 30 days (November 2 - December 1), which is down 13.2% compared with the previous 30 day period (October 3 - November 1) and up 672.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($10,167) (1.6%) below asking price over the last 30 days (November 2 - December 1), which represents a $3,611 increase compared to the previous 30 day period (October 3 - November 1) and ($21,328) 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 (November 2 - December 1) stood at 83.0%, up from 77.5% over the previous 30 days (October 3 - November 1) and up from 48.3% 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 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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