5 MONSARRAT Cres

East A, London, N5Y 4Y7
FOR SALE
$699,900
5 MONSARRAT Cres, London
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
5 MONSARRAT Cres
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 4
ROOMS
X11908430
MLSID
Contact Us
Property Description
Welcome to 5 Monsarrat Crescent, a fantastic investment opportunity in a highly sought-after area of London, Ontario. This licensed 5-bedroom rental is ideally situated close to Western University and Fanshawe College. Durable Metal Roof: Long-lasting and low maintenance, providing added value for years to come. Modern Utilities: Features an owned on-demand hot water heater and an efficient AC systemboth just 6 years old. Prime Location: Minutes from major educational institutions, public transit, shopping, and amenities, attracting reliable tenants. Whether youre an investor looking to grow your portfolio or a parent seeking housing for students, this property is a smart choice in Londons thriving rental market.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-09 2024-06-19 131 $649,999 - Terminated
2023-08-28 2023-10-31 64 $650,000 - Expired
2023-04-07 2023-06-16 70 $410,000 $450,000 Sold
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
74' x 112'
Acreage
< .50
Lot Irregularities
6.73x112.12x10.60x10.60x10.60x31.92x102
Fronting
North
Taxes
$2,690 (2024)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
Attached
London Market Statistics
London Price Trend
5 MONSARRAT Cres is a 3-bedroom 3-bathroom home listed for sale at $699,900, which is $68,345 (10.8%) higher than the average sold price of $631,555 in the last 30 days (December 10 - January 8). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,961 (2.8%) compared to the previous 30 day period (November 10 - December 9) and up $31,555 (5.3%) from the same time one year ago.
Inventory Change
There were 100 3-bedroom homes listed in London over the last 30 days (December 10 - January 8), which is down 52.6% compared with the previous 30 day period (November 10 - December 9) and up 1,011.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($15,329) (2.4%) below asking price over the last 30 days (December 10 - January 8), which represents a $6,190 decrease compared to the previous 30 day period (November 10 - December 9) and ($16,874) 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 (December 10 - January 8) stood at 109.0%, up from 90.0% over the previous 30 days (November 10 - December 9) and down from 200.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 30 days when successfully sold over the last 30 days (December 10 - January 8), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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