500 Ferndale Ave

London, N6C 2Z1
FOR SALE
$629,900
500 Ferndale Ave, London
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
500 Ferndale Ave
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X9296750
MLSID
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Property Description
Location... Location... Location... Don't Miss this Great Opportunity to call this Corner-lot Beautiful House Your Home !!! Welcome Home to this Lovely 3+1 Bedroom and 2- Bath Corner- Lot Bungalow in South London. Bright and Spacious Open-Concept Living Room, Dining Room and Kitchen on New Flooring. The Kitchen Offers Plenty of Updated Cabinet Space, Island, Porcelain Flooring and Stainless Appliances. The Main Level Includes 3 Good-size Bedrooms, All Wired for Ethernet. A Large and Modern 5 - piece Bathroom with Fog-free Mirrors. Lower Level provides an Additional Bedroom with Walk-in Closet, a 3-piece Bathroom, a Large rec room with Bar Area and Plenty of Storage Space. Ample Parking Lot on Private Concrete Double Driveway. Enjoy Summer Evenings Relaxing on the Patio in the Private, Fully Fenced Yard or Warming up in the Hot Tub. Most Light Fixtures are Updated with Energy-efficient LED Lightning, and Many Are Voice-activated.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-12 2024-09-04 176 $649,900 - Terminated
2023-05-03 2023-06-02 30 $649,900 $650,000 Sold
Property Features
Hospital, Park, Place Of Worship, Public Transit, School, School Bus Route
Property Details
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
65' x 100'
Acreage
< .50
Lot Irregularities
59.02 Ft x 100.27 Ft x 65.19 Ft x 100.46
Fronting
North
Taxes
$3,003 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Other
Room Summary
RoomLevelSizeFeatures
LivingMain17.49' x 14.93'
KitchenMain9.09' x 8.66'
BrMain12.60' x 12.01'
2nd BrMain10.01' x 8.92'
3rd BrMain8.76' x 9.09'
DiningMain8.43' x 10.01'
BathroomMain5.09' x 10.60'
4th BrBsmt16.93' x 12.01'
BathroomBsmt9.09' x 5.25'
OtherBsmt4.99' x 10.99'
UtilityBsmt12.01' x 11.42'
London Market Statistics
London Price Trend
500 Ferndale Ave is a 4-bedroom 2-bathroom home listed for sale at $629,900, which is $290,366 (31.6%) lower than the average sold price of $920,266 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in London increased by $30,992 (3.5%) compared to the previous 30 day period (July 17 - August 15) and up $88,266 (10.6%) from the same time one year ago.
Inventory Change
There were 141 4-bedroom homes listed in London over the last 30 days (August 16 - September 14), which is up 18.5% compared with the previous 30 day period (July 17 - August 15) and up 422.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($42,134) (4.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $19,974 decrease compared to the previous 30 day period (July 17 - August 15) and ($30,444) 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 4-bedroom homes in London over the last 30 days (August 16 - September 14) stood at 49.6%, down from 58.0% over the previous 30 days (July 17 - August 15) and up from 29.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 39 days when successfully sold over the last 30 days (August 16 - September 14), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Vision Realty
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