42 Chestnut Hill

South B, London, N6K 4J5
FOR SALE
$1,699,900
42 Chestnut Hill, London
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5 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
13 + 7
ROOMS
X9257085
MLSID
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Property Description
Welcome to 42 Chestnut Hill, a beautiful 6500 ft, two-story, brick home by Wasko Developments. Sitting on approximately a half-acre and backing on to desirable Warbler Woods. This home is surrounded by nature and provides endless privacy which is unmatched in the city. A marble foyer complemented by oak flooring, crown moulding, and elegant French doors set a welcoming tone. The main level presents a home office, formal living and dining areas, a well-equipped kitchen, family room, powder room, and laundry room. The oversized garage has additional convenient access to the basement. Windows grace the entire back of the house, providing uninterrupted views of the expansive inground saltwater pool and the lush surrounding greenery. On the second floor, you'll find the large primary suite, complete with a marble en suite featuring a jacuzzi tub. Three additional bedrooms and a bonus room/fifth bedroom all boast ample windows, abundant storage, and generous lounge areas. The basement (which is a full walk out providing natural light) offers a guest bedroom, four-piece bathroom, kitchenette, media/game room, living area, two storage rooms, and convenient walkout to the backyard. The custom designed pool area features a stone deck, pool house with change room and kitchenette, hot tub, numerous seating areas, and water fountains cascading into the pool. Additional features of the home include a reverse osmosis water filtration system, security system, inground sprinkler system, and gutter covers to name a few. Located in Byron, where the beauty of nature meets the charm of a quaint community, this home offers unparalleled convenience, with shopping, dining, Springbank Park, and Boler Mountain within walking distance. Top-ranked schools are nearby, along with easy access to major highways 401 and 402 for seamless travel. Many updates in recent years. This is a very rare opportunity, so do not hesitate.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-07 2024-08-15 69 $1,999,900 - Terminated
2006-07-19 2006-09-06 51 $599,000 $550,000 Sold
Property Features
Golf, Hospital, Library, School, Skiing, Wooded/Treed
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
70' x 176'
Acreage
< .50
Lot Irregularities
East: 176ft, West: 207ft, Back: 113ft
Fronting
North
Taxes
$11,090 (2023)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
OfficeMain12.01' x 14.50'Bay Window, California Shutters, Crown Moulding
LivingMain12.01' x 18.77'Crown Moulding, French Doors
DiningMain15.49' x 17.26'Crown Moulding, French Doors, O/Looks Garden
KitchenMain12.01' x 25.00'O/Looks Pool, Hardwood Floor, Sliding Doors
FamilyMain18.01' x 21.00'Crown Moulding, Sliding Doors, O/Looks Pool
Prim Bdrm2nd22.01' x 24.02'O/Looks Pool, Fireplace, W/I Closet
Bathroom2nd13.16' x 18.18'5 Pc Ensuite, Bay Window, O/Looks Pool
2nd Br2nd12.50' x 14.01'His/Hers Closets, O/Looks Frontyard
3rd Br2nd10.99' x 25.00'O/Looks Pool, O/Looks Frontyard
4th Br2nd12.50' x 12.99'Closet, O/Looks Garden
Bathroom2nd8.01' x 12.01'5 Pc Bath, Skylight, Double Sink
GamesLower12.01' x 33.01'Bay Window, W/O To Pool, Bar Sink
London Market Statistics
London Price Trend
42 Chestnut Hill is a 5-bedroom 4-bathroom home listed for sale at $1,699,900, which is $975,758 (134.7%) higher than the average sold price of $724,142 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in London declined by $111,170 (13.3%) compared to the previous 30 day period (September 21 - October 20) and down $380,858 (34.5%) from the same time one year ago.
Inventory Change
There were 13 5-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.5% compared with the previous 30 day period (September 21 - October 20) and up 160.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($43,485) (6.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $8,210 decrease compared to the previous 30 day period (September 21 - October 20) and ($164,000) 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 5-bedroom homes in London over the last 30 days (October 21 - November 19) stood at 53.8%, up from 47.1% over the previous 30 days (September 21 - October 20) and up from 20.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in London stood at 51 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Realty Firm Prestige Brokerage Inc.
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