465 Ashland Ave

East G, London, N5W 4G6
FOR SALE
$499,900
465 Ashland Ave, London
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
X9347824
MLSID
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Property Description
This charming 1 3/4-storey home situated on a tree-lined street in Old East Village features two bedrooms and modern updates throughout. The main floor offers an open concept layout with a contemporary kitchen, equipped with a commercial-grade gas stove, adjacent to the dining room. The sunlit family room at the back of the home overlooks the amazing backyard, featuring a large in-ground pool (pool liner replaced 2012) and a convenient storage shed for pool equipment. The main floor also includes a 2pc powder room. Upstairs, you'll find two spacious bedrooms and a 3pc bathroom, including a primary with a walk-in closet. The partially finished basement provides a versatile spare room, laundry area, cold room, and additional storage. The property ensures privacy with no backyard neighbors and only one side neighbor. A private driveway accommodates up to four vehicles. Located in a quiet neighborhood close to downtown, Fanshawe College, Kellogg Lane - Londons world-class entertainment complex and soon-to-be Hard Rock Hotel and access to major routes making a commute through the city a breeze. With preliminary plans for the vacant land of McCormicks, it can only increase the value of this property and area. Book your tour today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2013-08-05 2013-10-22 77 $179,900 $175,000 Sold
2011-05-09 2011-07-13 65 $179,900 $172,500 Sold
2016-07-06 2016-08-04 29 $239,000 - Terminated
2003-11-12 2004-01-27 76 $124,900 - Terminated
Property Details
Community
City
Property Type
Detached, Other
Approximate Sq.Ft.
1100-1500
Lot Size
45' x 117'
Acreage
< .50
Lot Irregularities
116.75 x 45.11 x 116.81 x 45.04
Fronting
East
Taxes
$2,250 (2024)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain9.48' x 20.24'
DiningMain10.96' x 13.68'
FamilyMain12.83' x 20.24'
BathroomMain12.80' x 13.45'2 Pc Bath
Prim Bdrm2nd10.63' x 16.73'
2nd Br2nd7.32' x 12.24'
Bathroom2nd5.35' x 9.12'3 Pc Bath
RecBsmt8.56' x 10.89'
FurnaceBsmt11.58' x 20.18'
London Market Statistics
London Price Trend
465 Ashland Ave is a 2-bedroom 2-bathroom home listed for sale at $499,900, which is $67,058 (11.8%) lower 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 2-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 Re/Max Advantage Realty Ltd.
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