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Property Description
As you pull up the crisp paint colour pops starkly from the neighbourhood landscape. With over 1900 feet of living space this home is much bigger than it looks. Many different options for a layout like this especially being so close to Western University just one bus to Alumni hall. Set back nicely from the street with a large paved driveway and inviting basketball hoop, it's obvious this house has loads to offer. A large front lawn with 70 feet of frontage offers good privacy from the street for this back split --which is nestled perfectly into this over sized lot. If you now head around to the back yard, the multiple decks and custom pergola which surround the hot tub is a beautiful spot to relax on your own or to entertain your guests. The backyard is nice and private as well, loads of trees, bushes and other natural effects. Heading inside the foyer is a nice feature and the large living space on the main level makes for good communal living either for a family or tenants. There are three bedrooms and a full bathroom on the second level and the master has a patio door directly out to the rear deck and hot tub, great spot to have a coffee in the morning. Heading down to the lower level is a large family room and the converted bedroom as well as a second bathroom. Down from there is mainly a storage or a workout area but there are windows on that level, so options still abound! Present tenants term will be up at the end of April and at that point the house will be vacant so any new owner would have full flexibility on options. It could continue as a rental property for investors or a beautiful family home is the other easy option. As a family home this neighbourhood is top notch and much sought after for the London area with great schools, very mature lots, loads of trees and many nature trails throughout this neighborhood. Located off Wonderland Road which is close to any and all shopping, litetally just steps away. Book a showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2010-05-20 | 2010-09-01 | 104 | $365,900 | - | Expired |
| 2022-02-15 | 2022-02-23 | 8 | $679,900 | $980,000 | Sold |
| 2011-03-02 | 2011-03-14 | 13 | $337,900 | $338,900 | Sold |
Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Detached, Other
Acreage
< .50
Taxes
$4,734 (2023)
Basement
Full
Exterior
Concrete, Shingle
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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London Market Statistics
London Price Trend
491 Lawson Rd is a 3-bedroom 2-bathroom home listed for sale at $889,900, which is $249,065 (38.9%) higher than the average sold price of $640,835 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in London declined by $20,481 (3.1%) compared to the previous 30 day period (March 15 - April 13) and up $14,483 (2.3%) from the same time one year ago.Inventory Change
There were 227 3-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 194.8% compared with the previous 30 day period (March 15 - April 13) and up 530.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,819) (1.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $2,753 decrease compared to the previous 30 day period (March 15 - April 13) and ($15,232) 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 3-bedroom homes in London over the last 30 days (April 14 - May 13) stood at 222.0%, down from 254.5% over the previous 30 days (March 15 - April 13) and up from 94.4% 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 19 days when successfully sold over the last 30 days (April 14 - May 13), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty, Brokerage
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