4 Elmwood Pl

South E, London, N6J 1J2
FOR SALE
$625,000
4 Elmwood Pl, London
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
10
ROOMS
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Property Description
Welcome to Manor Park! 4 Elmwood Place is a PERFECT starter home tucked in between the beautiful Cove Ponds and Southcrest Ravine, within minutes of the downtown core and all the amenities you can imagine within walking distance. This 2 bedroom bungalow was completely updated top to bottom in the last few years including a new furnace and AC in 2023, upgraded attic insulation, new electrical and plumbing, beautiful metal roof (2020), all new windows, all new lighting, luxury vinyl plank flooring throughout and ceramic tile in the kitchen, laundry room, and bath. Kitchen includes new custom cabinetry, countertops and stainless steel appliances. The living room has a spacious yet cozy vibe with the original wood burning fireplace as a focal point. Two spacious bedrooms and a large updated 5 piece bath includes an oversized custom built double vanity with additional cabinetry and pot lights throughout. The exterior boasts a private fenced-in backyard with wood deck and the property continues on to a separate fenced off shop/garage. The oversized (20x26) garage is equipped with electricity(separate hydro meter) water, heater, CCTV camera and security system, perfect for a home based business or hobby enthusiast. This home is completely ready for you to just move in and unpack!
Property Features
Fenced Yard, Park, Public Transit, River/Stream, School, School Bus Route
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 139'
Acreage
< .50
Fronting
North
Taxes
$3,540 (2024)
Basement
Unfinished
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Available
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FoyerGround4.92' x 6.17'
FamilyGround8.50' x 18.93'
DiningGround9.58' x 9.25'
KitchenGround9.58' x 13.09'
LaundryGround6.33' x 6.07'
BathroomGround10.43' x 11.58'
BrGround8.83' x 10.01'
BrGround8.83' x 10.01'
WorkshopGround20.01' x 25.98'
UtilityBsmt19.16' x 39.99'
London Market Statistics
London Price Trend
4 Elmwood Pl is a 2-bedroom 1-bathroom home listed for sale at $625,000, which is $89,546 (16.7%) higher than the average sold price of $535,454 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom home in London declined by $4,909 (0.9%) compared to the previous 30 day period (September 1 - September 30) and down $60,546 (10.2%) from the same time one year ago.
Inventory Change
There were 85 2-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is up 2.4% compared with the previous 30 day period (September 1 - September 30) and up 1,600.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($3,744) (0.7%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,515 increase compared to the previous 30 day period (September 1 - September 30) and ($3,000) 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 2-bedroom homes in London over the last 30 days (October 1 - October 30) stood at 71.8%, down from 72.3% over the previous 30 days (September 1 - September 30) and up from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 1 - October 30), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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