470 Second St 12

London, N5V 3X3
FOR SALE
$399,900
470 Second St 12, London
470 Second St 12
470 Second St 12
470 Second St 12
470 Second St 12
470 Second St 12
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X7364356
MLSID
Contact Us
Property Description
Garden View Homes! Walk Out To Private Fenced Backyard. Walking Distance To Fanshawe College. Affordable Living, Great Investment
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-05-05 2022-06-05 31 $479,900 $500,000 Sold
2022-04-01 2022-04-20 19 $449,900 - Terminated
2023-08-17 2023-08-27 10 $349,900 $365,000 Sold
2023-06-14 2023-08-17 64 $549,900 - Terminated
Extras
Fridge, Stove
Property Features
Place Of Worship, School
Property Details
Street
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$1,600 (2023)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
London Market Statistics
London Price Trend
470 Second St 12 is a 3-bedroom 2-bathroom townhome listed for sale at $399,900, which is $97,003 (19.5%) lower than the average sold price of $496,903 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom townhome in London increased by $4,720 (1.0%) compared to the previous 30 day period (February 27 - March 27) and down $85,430 (14.7%) from the same time one year ago.
Inventory Change
There were 50 3-bedroom townhomes listed in London over the last 30 days (March 28 - April 26), which is up 35.1% compared with the previous 30 day period (February 27 - March 27) and up 163.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($6,077) (1.2%) below asking price over the last 30 days (March 28 - April 26), which represents a $5,486 increase compared to the previous 30 day period (February 27 - March 27) and ($3,600) 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 townhomes in London over the last 30 days (March 28 - April 26) stood at 452.0%, up from 210.8% over the previous 30 days (February 27 - March 27) and up from 47.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in London stood at 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 People`S Choice Realty Inc.
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