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Property Description
This gorgeous area of Ada Street, London, Ontario, located along the rivers edge in Chelsea Green provides a investor/renovators, and/or nature lovers dream. With an idealistic setting as it parks its self upon a large lot surrounded by recreation, wilderness, forest, a river, and paved paths along the rivers edge for a beautiful everyday wellness experience. Close to many schools, places of worship, and many close amenities (grocery, pharmacy, hardware, dining, auto mechanics, etc... you can almost find anything you need close by within walking distance and is near bus routes to take you anywhere you need in the city).This is an ideal location for being close to downtown with out the hassle of being down town. Come check this gem of a location out!
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
31' x 121'
Fronting
South
Taxes
$1,966 (2024)
Basement
Unfinished
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.99' x 14.99' | |
| Br | Main | 10.01' x 10.01' | |
| 2nd Br | Main | 9.51' x 10.50' | |
| 3rd Br | Main | 8.10' x 11.48' | |
| Bathroom | Main | 4.99' x 10.01' | 4 Pc Bath |
| Kitchen | Main | 11.58' x 12.01' | |
| Laundry | Bsmt | 6.99' x 11.52' | |
| Furnace | Bsmt | 15.49' x 11.52' | |
| Rec | Bsmt | 23.00' x 10.99' |
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London Market Statistics
London Price Trend
53 Ada St is a 3-bedroom 1-bathroom home listed for sale at $349,999, which is $272,535 (43.8%) lower than the average sold price of $622,534 in the last 30 days (December 8 - January 6). During the last 30 days the average sold price for a 3 bedroom home in London increased by $1,420 (0.2%) compared to the previous 30 day period (November 8 - December 7) and up $22,534 (3.8%) from the same time one year ago.Inventory Change
There were 77 3-bedroom homes listed in London over the last 30 days (December 8 - January 6), which is down 63.2% compared with the previous 30 day period (November 8 - December 7) and up 600.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($15,638) (2.5%) below asking price over the last 30 days (December 8 - January 6), which represents a $6,115 decrease compared to the previous 30 day period (November 8 - December 7) and ($19,000) 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 8 - January 6) stood at 137.7%, up from 92.8% over the previous 30 days (November 8 - December 7) and down from 172.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in London stood at 30 days when successfully sold over the last 30 days (December 8 - January 6), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Oak And Key Real Estate Brokerage, Inc.
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