516 Cranbrook Rd

South M, London, N6K 2X3
FOR SALE
$495,000
516 Cranbrook Rd, London
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
516 Cranbrook Rd
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X12021129
MLSID
Contact Us
Property Description
Welcome to this beautifully designed 3-bedroom, 2-bathroom condo in a quiet South London community near Springbank Park and Storybook Gardens. This one-floor home, with no basement, boasts a spacious layout centered around a unique atrium with three walls of windows that flood the space with natural light. The living room features gleaming hardwood floors, while the eat-in kitchen comes fully equipped with all appliances for your convenience. The bedrooms are generously sized, each with large closets, and theres an additional storage room to keep everything organized. A stacked laundry set is included, and the long single-car garage provides extra storage alongside the double-wide driveway. With visitor parking right across the street, this serene location offers both comfort and practicality, just minutes from parks, trails, and local amenities. **EXTRAS** one floor condo no basement or stairs.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2010-09-17 2010-10-06 20 $189,900 $185,000 Sold
2003-04-08 2003-05-04 30 $147,900 $147,000 Sold
Property Features
Public Transit
Property Details
Community
City
Property Type
Condo Townhouse, Bungalow
Approximate Sq.Ft.
1400-1599
Taxes
$2,847 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Parking Spaces
2
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain5.97' x 7.97'
KitchenMain6.99' x 14.99'Eat-In Kitchen
DiningMain9.97' x 16.01'
LivingMain14.99' x 15.98'
Prim BdrmMain13.98' x 10.99'
BrMain10.14' x 12.99'
2nd BrMain10.14' x 15.98'
London Market Statistics
London Price Trend
516 Cranbrook Rd is a 3-bedroom 2-bathroom townhome listed for sale at $495,000, which is $18,685 (3.9%) higher than the average sold price of $476,315 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in London increased by $16,893 (3.7%) compared to the previous 30 day period (December 22 - January 20) and up $288,366 (153.4%) from the same time one year ago.
Inventory Change
There were 99 3-bedroom townhomes listed in London over the last 30 days (January 21 - February 19), which is up 33.8% compared with the previous 30 day period (December 22 - January 20) and up 1,000.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($10,234) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,796 increase compared to the previous 30 day period (December 22 - January 20) and ($1,708) 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 townhomes in London over the last 30 days (January 21 - February 19) stood at 46.5%, down from 81.1% over the previous 30 days (December 22 - January 20) and down from 129,677.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in London stood at 30 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Preferred Realty Inc.
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