40 Burslem St N 1

East N, London, N5W 2V7
FOR SALE
$434,900
40 Burslem St N 1, London
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 5
ROOMS
X8230890
MLSID
Contact Us
Property Description
Impeccably maintained!!! End unit!! Don't miss! 2 storey townhouse situated in a well maintained & high demand complex. Features include a spacious layout, living room with lots of natural light, large kitchen with stainless steel appliances & a door to a private patio, huge master bedroom, lower family room with gas fireplace, lots of storage, 5 appliances including high end washer & dryer. All window coverings included. Updates include new flooring & paint throughout, new closet doors & more. Conveniently located to all amenities including transit, shopping, restaurants, schools, churches, parks. Designated parking spot plus lots of visitor parking in complex & street parking nearby.
Property Features
Public Transit, School
Property Details
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1400-1599
Taxes
$1,885 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain44.29' x 47.24'
KitchenMain32.48' x 47.24'
Br2nd36.09' x 50.52'
2nd Br2nd28.87' x 39.37'
3rd Br2nd28.87' x 35.43'
London Market Statistics
London Price Trend
40 Burslem St N 1 is a 3-bedroom 2-bathroom townhome listed for sale at $434,900, which is $58,317 (11.8%) lower than the average sold price of $493,217 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 3 bedroom townhome in London declined by $939 (0.2%) compared to the previous 30 day period (March 4 - April 2) and down $36,523 (6.9%) from the same time one year ago.
Inventory Change
There were 92 3-bedroom townhomes listed in London over the last 30 days (April 3 - May 2), which is up 148.6% compared with the previous 30 day period (March 4 - April 2) and up 557.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($5,820) (1.2%) below asking price over the last 30 days (April 3 - May 2), which represents a $3,040 increase compared to the previous 30 day period (March 4 - April 2) and ($2,350) 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 townhomes in London over the last 30 days (April 3 - May 2) stood at 215.2%, up from 186.5% over the previous 30 days (March 4 - April 2) and up from 71.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in London stood at 26 days when successfully sold over the last 30 days (April 3 - May 2), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Centre City Realty Inc.
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