420 Riverside Dr

North N, London, N6H 2R7
FOR SALE
$799,000
420 Riverside Dr, London
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3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 7
ROOMS
X9379946
MLSID
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Property Description
Welcome to 420 Riverside Dr. where nature nurtures the soul on this vast expanse of land (almost an acre) that backs on to the Thames River. The home is well situated on the property with a long driveway, one car garage, 2 sheds and plenty of parking.The property is flanked on both sides by huge majestic trees, housing many birds and wildlife. Enjoy sipping on your favorite beverage while sitting under the covered back deck basking in the peace and quiet of your own private oasis in the city.The home is a rare sprawling ranch-style bungalow, boasting a large open concept living/dining room area, fireplace, hardwood flooring throughout, a spacious eat-in kitchen, French doors that open to an enclosed sunroom with a spectacular park-like view, 4 piece bath, 3 large bedrooms, one of which has an additional 2 piece bathroom and another that opens into the sunroom.The lower level has a separate entrance. It offers a den/office area, 3 piece bath, kitchenette, separate laundry room and a large living area which could be partially transformed into a bedroom. This lower level has excellent potential for an in-law or rental suite.Located close to many important amenities like University Hospital, Western University, schools and plenty of shopping, this comfortable and beautiful home has a convenient 10 minute direct path straight into the thriving downtown core.Do not miss this opportunity to call this property home!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-13 2024-10-02 50 $824,900 - Terminated
Property Features
Public Transit, River/Stream, School Bus Route, Waterfront, Wooded/Treed
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
68' x 593'
Acreage
.50-1.99
Lot Irregularities
67.72x593.00x3.46x3.87x4.30x10.05...
Fronting
South
Taxes
$5,628 (2023)
Basement
Full, Sep Entrance
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain16.08' x 13.58'
BrMain9.91' x 11.52'
Prim BdrmMain12.17' x 16.17'3 Pc Ensuite
DiningMain11.42' x 11.91'
KitchenMain12.07' x 11.91'
LivingMain20.08' x 13.85'
BreakfastMain12.07' x 6.50'
SunroomMain27.43' x 9.25'
DenBsmt16.01' x 12.40'
KitchenBsmt10.17' x 20.08'
LaundryBsmt5.41' x 10.60'
RecBsmt34.25' x 12.34'
London Market Statistics
London Price Trend
420 Riverside Dr is a 3-bedroom 3-bathroom home listed for sale at $799,000, which is $162,632 (25.6%) higher than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.
Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 homes in London over the last 30 days (October 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 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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