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Property Description
OPEN HOUSE September 21 from 2-4pm. Introducing 542 Cranbrook, a bright and airy single-floor condo nestled in the heart of Old Westmount. This home boasts a private courtyard atrium, elegantly centered, providing tranquil views from each room. It's thoughtfully designed, easy flow floor plan fosters open concept living, complemented by ample storage space for your convenience. The kitchen allows room for a cozy eat-in dinette, in addition to your separate formal dining area. Both bedrooms feature direct access to the backyard green space via sliding patio doors, enhancing the connection to the outdoors. This is a must see! Schedule your showing today and come experience the serenity of Cranbrook living!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-11 | 2024-05-15 | 4 | $419,900 | - | Terminated |
| 2024-03-08 | 2024-05-08 | 61 | $399,900 | - | Terminated |
Property Features
Hospital, Park, Place Of Worship, School
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Bungalow
Approximate Sq.Ft.
1200-1399
Taxes
$2,455 (2023)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Laundry | Main | 6.99' x 12.01' | |
| Kitchen | Main | 10.66' x 16.01' | |
| Dining | Main | 8.33' x 11.75' | |
| Living | Main | 15.32' x 16.77' | |
| Br | Main | 12.96' x 17.39' | |
| 2nd Br | Main | 11.84' x 15.49' |
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London Market Statistics
London Price Trend
542 Cranbrook Rd is a 2-bedroom 1-bathroom townhome listed for sale at $379,900, which is $179,112 (32.0%) lower than the average sold price of $559,012 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom townhome in London declined by $9,332 (1.6%) compared to the previous 30 day period (July 20 - August 18) and up $115,479 (26.0%) from the same time one year ago.Inventory Change
There were 40 2-bedroom townhomes listed in London over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 1,900.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in London typically sold ($6,768) (1.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $583 decrease compared to the previous 30 day period (July 20 - August 18) and ($2,488) 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 2-bedroom townhomes in London over the last 30 days (August 19 - September 17) stood at 62.5%, down from 1,253.1% over the previous 30 days (July 20 - August 18) and down from 450.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom townhome in London stood at 38 days when successfully sold over the last 30 days (August 19 - September 17), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Thrive Realty Group Inc.
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