49 Edward St
London, N6C 3H3
FOR SALE
$599,000
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BEDROOMS2
BATHROOMS2
KITCHENS6 + 1
ROOMSX9258716
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Property Description
Discover the charm of 49 Edward Street, nestled in the vibrant heart of Old South, just steps from the coveted amenities of Wortley Village. This beautifully transformed property now boasts two modern units that radiate style and comfort. The main floor offers a spacious 1-bedroom apartment, complete with a cozy living room, eat-in kitchen, laundry, and a sleek 3-piece bathroom. Upstairs, you'll find a bright and airy studio with high ceilings and a thoughtful layout. Ideal for owner-occupiers, Airbnb hosts, or savvy investors. This property is located in one of London's most desirable neighborhoods. With trendy shops, cozy pubs, and scenic walking trails just a stones throw away, you'll enjoy the perfect blend of convenience and leisure. The property includes parking for two and separate temperature controls, all set on a deep, mature treed lot. Experience classic Old South living at a remarkable value.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-03 | 2024-04-25 | 23 | $599,900 | $590,000 | Sold |
| 2015-09-09 | 2015-12-31 | 113 | $269,900 | - | Expired |
| 2016-05-17 | 2016-06-02 | 16 | $262,000 | $273,000 | Sold |
Property Features
School
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
22' x 187'
Acreage
< .50
Fronting
West
Taxes
$3,199 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 12.40' x 14.01' | |
| Kitchen | Ground | 9.51' x 17.85' | |
| Prim Bdrm | Ground | 10.01' x 12.40' | |
| 2nd Br | 2nd | 8.60' x 10.99' |
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London Market Statistics
London Price Trend
49 Edward St is a 2-bedroom 2-bathroom home listed for sale at $599,000, which is $32,042 (5.7%) 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 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 Escarpment Realty Inc.,
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