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Property Description
If you are looking for a standard, run-of-the-mill one-floor bungalow townhome. In that case, this secluded bungalow townhome (2,593 square feet, 1,342 on the main, 1,251 in the lower)with a double garage backing onto a wooded ravine in a 38-unit enclave called Avian Terrace may not be for you! Few Londoners even know 499 Teeple Terrace exists, hidden in the Westmount neighbourhood. The natural habitat, green space and esthetic architecture are enchanting in all four seasons. The main floor has an eat-in kitchen with California shutters, a large great room with a gas fireplace and a deck to relax with nature. The primary bedroom has an ensuite with a soaker tub and a walk-in closet. The second bedroom on the main floor would make a great den or office. There is another 4-piece bathroom for guests on the main. In the lower is a large recreation room with another deck to greet nature and a large bright bedroom with a four-piece bathroom. There is no need to rent storage; there is oodles of space to store your stuff. The cold room would excite a canner or a vintner! Minutes to shopping, Springbank Park, and the Thames River are convenient and welcoming for retirement or for professionals who want to get away from it all and not drive for hours. The $599,950 price is not a casual starting point! You may want to do some painting or some minor updating; if not, pay $650,000 to $700,000 if there is a comparable. This financially stable condo corporation is well-managed and competent in maintaining the character and ambience of the property. Note: Property being sold as is and by the Estate Trustee.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2012-04-01 | 2012-06-04 | 63 | $305,000 | - | Expired |
2012-01-23 | 2012-03-30 | 66 | $305,000 | - | Expired |
2010-04-25 | 2010-07-06 | 71 | $1,950 | - | Expired |
2010-04-25 | 2010-07-06 | 71 | $315,000 | - | Expired |
2010-09-08 | 2010-11-15 | 67 | $315,000 | - | Expired |
2010-09-08 | 2010-11-15 | 67 | $1,950 | - | Expired |
2010-07-05 | 2010-09-08 | 64 | $1,950 | - | Expired |
2010-07-05 | 2010-09-08 | 64 | $315,000 | - | Expired |
2009-05-19 | 2009-07-22 | 63 | $1,950 | - | Expired |
2009-05-19 | 2009-07-22 | 63 | $319,900 | - | Expired |
2014-09-04 | 2014-10-16 | 41 | $329,900 | $324,900 | Sold |
2010-11-17 | 2010-11-20 | 2 | $1,950 | $1,800 | Leased |
2012-06-04 | 2012-06-25 | 20 | $305,000 | $300,000 | Sold |
Property Features
Park, Place Of Worship, Ravine, School Bus Route, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Bungalow
Approximate Sq.Ft.
1200-1399
Taxes
$4,232 (2024)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 9.58' x 15.09' | Ceramic Floor |
Kitchen | Main | 10.27' x 12.60' | , Backsplash, Combined W/Dining |
Living | Main | 20.28' x 20.47' | Fireplace, W/O To Sundeck |
Laundry | Main | 3.28' x 8.40' | |
Dining | Main | 9.97' x 10.50' | California Shutters, Skylight |
Prim Bdrm | Main | 15.19' x 15.68' | , O/Looks Ravine, W/I Closet |
2nd Br | Main | 9.58' x 11.09' | , California Shutters, Large Window |
Rec | Lower | 19.09' x 20.11' | Broadloom, W/O To Deck, Above Grade Window |
3rd Br | Lower | 9.51' x 14.07' | |
Cold/Cant | Lower | 8.20' x 9.28' | |
Furnace | Lower | 14.70' x 21.00' | |
Other | Lower | 16.90' x 20.67' |
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London Market Statistics
London Price Trend
499 Teeple Terr 10 is a 2-bedroom 3-bathroom townhome listed for sale at $599,950, which is $27,864 (4.9%) higher than the average sold price of $572,086 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom townhome in London increased by $48,105 (9.2%) compared to the previous 30 day period (October 12 - November 10) and down $55,414 (8.8%) from the same time one year ago.Inventory Change
There were 26 2-bedroom townhomes listed in London over the last 30 days (November 11 - December 10), which is down 7.1% compared with the previous 30 day period (October 12 - November 10) and up 1,200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in London typically sold ($12,126) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $2,683 decrease compared to the previous 30 day period (October 12 - November 10) and ($14,950) 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 townhomes in London over the last 30 days (November 11 - December 10) stood at 57.7%, down from 85.7% over the previous 30 days (October 12 - November 10) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in London stood at 34 days when successfully sold over the last 30 days (November 11 - December 10), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Preferred Realty Inc.
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