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Property Description
Welcome to 49 Elmwood Place, a beautiful all-brick home nestled in the sought-after Coves neighbourhood. Located just a short walk to Wortley Village, renowned for its local shops, cafes, and restaurants, this home offers an incredible opportunity for buyers looking for a detached home at a more affordable price point. With parks, trails, & amenities nearby, you'll love the balance of city convenience and neighbourhood charm. As you arrive, the homes stunning curb appeal will catch your eye, featuring a large covered front porch and (2024) poured concrete driveway, steps, and walkway. Inside, you'll fall in love with the perfect blend of character and modern updates. Original hardwood floors, high baseboards, crown molding, and an ornamental fireplace all contribute to the homes timeless charm.The main floor includes a spacious foyer, bright living room, and formal dining room ideal for family meals. Theres also a versatile main floor bedroom or office space, complete with a 2-piece bathroom and laundry hookup for added convenience. The updated kitchen features ceramic tile floors, a farmhouse sink, stainless steel appliances, and a handy mudroom with access to the spacious backyard. Outside, the fully fenced, private yard offers mature landscaping, a shed for storage, and a deck perfect for entertaining or relaxing. The lower level of the home provides plenty of storage space and includes a laundry area. Upstairs, two additional bedrooms, both with ample closet space, and a large landing area perfect for an office or cozy reading nook. A 4-piece bathroom completes the upper level with tub. Located on a quiet dead-end street surrounded by mature trees, this home offers peace and privacy while still being close to downtown, schools, restaurants, and parks. Additional updates include a new furnace and heat pump in 2024, new eavestroughs in 2023, and shingles approx 2014. Don't miss this fantastic opportunity, schedule your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-22 | 2024-11-04 | 13 | $549,900 | - | Terminated |
| 2018-08-21 | 2018-08-30 | 9 | $269,900 | $322,900 | Sold |
| 2016-02-05 | 2016-02-17 | 9 | $249,900 | $245,000 | Sold |
Property Features
Cul De Sac, Fenced Yard, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 144'
Acreage
< .50
Fronting
South
Taxes
$2,456 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.89' x 12.83' | Hardwood Floor, Crown Moulding |
| Dining | Main | 11.15' x 12.83' | Hardwood Floor, Crown Moulding |
| Br | Main | 7.25' x 7.81' | 2 Pc Ensuite, Hardwood Floor |
| Kitchen | Main | 3.64' x 4.49' | Tile Floor, Stainless Steel Appl, Double Sink |
| Mudroom | Main | 6.63' x 7.78' | |
| Prim Bdrm | 2nd | 10.96' x 12.11' | Hardwood Floor, Closet |
| Br | 2nd | 9.97' x 12.11' | Hardwood Floor, Closet |
| Bathroom | 2nd | 5.94' x 7.12' | 4 Pc Bath, Soaker |
| Bathroom | Main | 3.64' x 4.49' | 2 Pc Ensuite |
| Utility | Bsmt | 21.23' x 31.50' | Combined W/Laundry |
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London Market Statistics
London Price Trend
49 Elmwood Pl is a 3-bedroom 2-bathroom home listed for sale at $519,000, which is $116,269 (18.3%) lower than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) 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 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Lifestyles
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