387 Cheapside St

East B, London, N5Y 3W9
FOR SALE
$999,000
387 Cheapside St, London
387 Cheapside St
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
12
ROOMS
X11985070
MLSID
Contact Us
Property Description
Quality and character combine in this charming 4 bedroom 3 bathroom 2.5 storey brick home in the heart of Old North. Professionally renovated top to bottom, the stunning main level boasts hardwood floors, a formal living room with fireplace and dining room plus a fabulous open concept designer kitchen with oversized island. An updated two piece bath and mudroom complete the main level. The mudroom walkout leads to a private rear deck and the manicured side courtyard (plus the fabulous Magnolia trees) perfect for entertaining or relaxing. The second floor offers three generous bedrooms including the primary bedroom with a fabulous walk-in "California" closet and an updated en-suite. The third floor loft provides space for a fourth bedroom and home gym. The unfinished lower level provides space for future development. Inside entry to the attached garage. Upgrades including plumbing, wiring (200 amp service), most windows and more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2013-02-07 2013-03-25 46 $339,000 - Terminated
2012-12-16 2013-02-06 52 $375,000 - Terminated
Property Features
Electric Car Charger, Hospital, Park, Public Transit, School, School Bus Route
Property Details
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 81'
Acreage
< .50
Lot Irregularities
NONE
Fronting
South
Taxes
$5,994 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.14' x 13.62'
DiningMain12.01' x 13.39'
LivingMain12.76' x 28.54'
2nd Br2nd14.30' x 13.06'
Br2nd12.83' x 13.19'
Prim Bdrm2nd12.93' x 15.39'3 Pc Ensuite, W/I Closet
Br3rd16.08' x 19.46'W/I Closet
OtherBsmt33.20' x 26.15'
London Market Statistics
London Price Trend
387 Cheapside St is a 4-bedroom 3-bathroom home listed for sale at $999,000, which is $22,966 (2.4%) higher than the average sold price of $976,034 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in London increased by $81,067 (9.1%) compared to the previous 30 day period (December 22 - January 20) and up $593,150 (154.9%) from the same time one year ago.
Inventory Change
There were 157 4-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 38.9% compared with the previous 30 day period (December 22 - January 20) and up 946.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,736) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,133 increase compared to the previous 30 day period (December 22 - January 20) and ($5,311) 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 (January 21 - February 19) stood at 35.0%, down from 71.7% over the previous 30 days (December 22 - January 20) and down from 105,113.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Select Realty
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