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Property Description
Custom designed for investors and first-time home buyers, located within 8 -minutes drive from Fanshawe College main campus.Gorgeous detached bungalow in Fairmont Neighbourhood, this home is just steps away from local schools, all amenities, many parks and walking trails. Property went through comprehensive renovations from top to bottom. Features oversized driveway with Garage Parking for up to 5 vehicles. House includes family room, kitchen overlooking private yard with beautiful bedrooms on both floors. Highly desirable neighbourhood with convenient amenities nearby including a bus stop right outside the house. Perfect opportunity to generate positive cash flow from this turn key Investment or do house hacking and have someone else pay for your mortgage. Many upgrades include furnace (2022), AC (2021) and Brand new appliances in Basement. Book your showing today for the opportunity to call this incredible home yours.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-05 | 2024-09-10 | 36 | $649,000 | - | Suspended |
| 2024-07-10 | 2024-08-02 | 24 | $599,999 | - | Suspended |
| 2024-03-11 | 2024-03-13 | 2 | $495,000 | $526,201 | Sold |
| 2024-03-11 | 2024-03-13 | 2 | $495,000 | $526,201 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
59' x 117'
Acreage
< .50
Fronting
North
Taxes
$2,995 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
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London Market Statistics
London Price Trend
54 Tweedsmuir Ave is a 3-bedroom 2-bathroom home listed for sale at $649,999, which is $13,631 (2.1%) higher than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 homes in London over the last 30 days (October 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Houseeo Realty
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