42 Elmwood Pl

South E, London, N6J 1J2
FOR SALE
$599,900
42 Elmwood Pl, London
42 Elmwood Pl
42 Elmwood Pl
42 Elmwood Pl
42 Elmwood Pl
42 Elmwood Pl
42 Elmwood Pl
42 Elmwood Pl
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42 Elmwood Pl
42 Elmwood Pl
42 Elmwood Pl
42 Elmwood Pl
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X9345425
MLSID
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Property Description
Don't miss this charming 2-bedroom Newly updated bungalow, situated on a generous 66x198 ft lot. This Property has a lot of potential and is Conveniently located near downtown, public transportation, schools, and UWO. The home includes all appliances, window coverings, and electrical light fixtures. This property is an ideal canvas for investors or those looking to build their dream home in a serene neighborhood. Seize this opportunity to transform this property into something extraordinary!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2006-07-31 2006-08-21 27 $121,000 $130,000 Sold
2020-08-31 2020-10-06 36 $1,875 - Terminated
2020-07-17 2020-08-04 18 $420,000 - Terminated
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
66' x 198'
Fronting
North
Taxes
$3,000 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
KitchenMain9.74' x 13.48'Vinyl Floor, Updated
LoftMain10.99' x 15.98'Vinyl Floor
BrMain9.97' x 10.99'Vinyl Floor
2nd BrMain8.99' x 10.99'Vinyl Floor
London Market Statistics
London Price Trend
42 Elmwood Pl is a 2-bedroom 1-bathroom home listed for sale at $599,900, which is $32,942 (5.8%) higher than the average sold price of $566,958 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in London increased by $31,129 (5.8%) compared to the previous 30 day period (July 20 - August 18) and down $29,542 (5.0%) from the same time one year ago.
Inventory Change
There were 66 2-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 22.2% compared with the previous 30 day period (July 20 - August 18) and up 842.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($10,405) (1.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,451 decrease compared to the previous 30 day period (July 20 - August 18) and ($14,450) 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 2-bedroom homes in London over the last 30 days (August 19 - September 17) stood at 83.3%, up from 81.5% over the previous 30 days (July 20 - August 18) and down from 114.3% 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 36 days when successfully sold over the last 30 days (August 19 - September 17), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Agency Real Estate
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