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Property Description
Beautifully updated & plenty of space for the growing family in the heart of Lambeth! Need flexibility of commercial zoning? This home with AC2 zoning could also be perfect for a home-based business or convert to full commercial use! From the moment you enter the enclosed heated/cooled front porch (currently used as a photography studio) you'll find a updated open concept floorplan that retains classic touches like a brick fireplace with a natural gas insert & reclaimed mantel in the bright living room. The stunning & fully renovated kitchen ('21) is anchored by a large quartz island with tons of workspace, high-end cabinets, tile backsplash & stainless appliances (including integrated stove & gas range), across from a large dining room that includes a bay window with an integrated bench. Upstairs, there are 4 nicely-sized bedrooms including a primary with double closets & another with a Murphy bed & laundry centre. The main 4 piece bath has also been completely renovated, including a jetted tub. The lower level provides great storage & a second laundry area! A convenient mud room leads into a fenced backyard (overall just over 1/4 of an acre lot!!) thats safe for pets & kids. There are two decks connected by a stone patio (one that is wired for a hottub!) and walkway, with a focal brick fire pit. There is an oversized detached garage that is heated & insulated with room for a workshop. Updates include, sump pump ('24), eavestroughs with gutter guards ('23), metal roof on the house & garage ('20), many newer windows (final windows to be replaced on order!), furnace & a/c ('10), electrical panel ('10), natural gas bbq connection plus more! The location is perfect for a home-based business, & a long driveway provides ample parking. In addition to being an outstanding family home, some of the permitted business uses include office space, studio, clinic, daycare, medical or dental offices. Conveniently located close to the 401 & 402 plus great shopping & area schools!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-15 | 2024-06-30 | 76 | $799,000 | - | Expired |
| 2024-03-15 | 2024-04-15 | 31 | $819,900 | - | Terminated |
| 2024-03-15 | 2024-04-15 | 31 | $819,900 | - | Terminated |
Extras
Gas overhead heater in the garage, murphy bed in upper bedroom and china cabinet in the dining room canstay if buyer wishes, t.v. brackets can stay (t.v.s excluded), bathroom mirrors
Property Features
Fenced Yard, Level, Park, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
79' x 160'
Acreage
< .50
Fronting
East
Taxes
$3,960 (2023)
Basement
Full, Unfinished
Exterior
Metal/Side, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Sunroom | Main | 23.20' x 7.68' | W/O To Deck |
| Living | Main | 23.20' x 17.19' | Gas Fireplace |
| Kitchen | Main | 13.09' x 15.49' | W/O To Deck |
| Dining | Main | 16.17' x 15.49' | |
| Br | 2nd | 16.57' x 12.70' | |
| 2nd Br | 2nd | 10.37' x 12.80' | |
| 3rd Br | 2nd | 10.27' x 9.68' | |
| 4th Br | 2nd | 9.68' x 13.29' | Combined W/Laundry |
| Laundry | Bsmt | 26.38' x 15.49' | |
| Utility | Bsmt | 21.10' x 15.09' | |
| Mudroom | Main | 8.99' x 9.97' |
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London Market Statistics
London Price Trend
4512 Colonel Talbot Rd is a 4-bedroom 2-bathroom home listed for sale at $799,900, which is $37,485 (4.5%) lower than the average sold price of $837,385 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in London declined by $61,174 (6.8%) compared to the previous 30 day period (September 1 - September 30) and up $22,385 (2.7%) from the same time one year ago.Inventory Change
There were 161 4-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 10.6% compared with the previous 30 day period (September 1 - September 30) and up 705.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($18,357) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $8,484 increase compared to the previous 30 day period (September 1 - September 30) and ($9,900) 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 4-bedroom homes in London over the last 30 days (October 1 - October 30) stood at 42.9%, up from 36.1% over the previous 30 days (September 1 - September 30) and up from 35.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 30 days when successfully sold over the last 30 days (October 1 - October 30), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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