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Property Description
Welcome to 547 Sherene Terrace located in desirable Oakridge acres. Situated on a large corner lot this brick bungalow's stunning curb appeal features beautiful landscaping, mature trees, stone retaining wall/front porch/patio/steps/walkways, and an oversized driveway with room for 5 cars plus an attached single car garage. Step into the foyer onto heated marble floors, and fall in love with the open concept layout. The large great room is anchored by a gas fireplace, and the dining area, complete with a window seat, lead into the updated kitchen that is outfitted in high end Smart appliances and quartz countertops. Enjoy your morning coffee in the sunroom that overlooks the private landscaped backyard. Hickory hardwood floors runs throughout the main level. The primary bedroom with a spacious dressing room has cheater access to the luxurious main floor washroom that features marble walls/shower/heated floor and is located across from the second bedroom. The lower level offers a cozy family room, additional bedroom, updated 4 piece washroom, and tons of storage. With close proximity to Oakridge Arena, The Sifton Bog nature trail, highly ranked schools, and fantastic shopping this home truly checks all of the boxes. Don't miss this opportunity, book your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2018-10-23 | 2018-10-27 | 9 | $479,900 | $542,900 | Sold |
| 2008-11-20 | 2009-02-02 | 75 | $219,000 | $217,000 | Sold |
| 2008-09-30 | 2008-11-21 | 52 | $234,900 | - | Terminated |
Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
80' x 165'
Fronting
East
Taxes
$5,254 (2024)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 7.87' x 11.48' | Heated Floor, Closet |
| Living | Main | 12.80' x 23.62' | Open Concept, Hardwood Floor, Fireplace |
| Kitchen | Main | 13.45' x 10.83' | Quartz Counter, Stainless Steel Appl, Hardwood Floor |
| Dining | Main | 9.84' x 10.50' | Hardwood Floor |
| Prim Bdrm | Main | 16.40' x 10.50' | Hardwood Floor, Ceiling Fan |
| Other | Main | 8.53' x 13.45' | His/Hers Closets, B/I Vanity, Hardwood Floor |
| Br | Main | 9.51' x 11.48' | Hardwood Floor |
| Sunroom | Main | 10.83' x 13.45' | O/Looks Backyard, W/O To Patio |
| Family | Bsmt | 12.80' x 19.36' | Pot Lights |
| Br | Bsmt | 10.83' x 13.78' | |
| Utility | Bsmt | 21.98' x 17.39' | Combined W/Laundry, Laundry Sink, Unfinished |
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London Market Statistics
London Price Trend
547 Sherene Terr is a 2-bedroom 2-bathroom home listed for sale at $799,900, which is $264,446 (49.4%) higher than the average sold price of $535,454 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom home in London declined by $4,909 (0.9%) compared to the previous 30 day period (September 1 - September 30) and down $60,546 (10.2%) from the same time one year ago.Inventory Change
There were 85 2-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is up 2.4% compared with the previous 30 day period (September 1 - September 30) and up 1,600.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($3,744) (0.7%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,515 increase compared to the previous 30 day period (September 1 - September 30) and ($3,000) 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 homes in London over the last 30 days (October 1 - October 30) stood at 71.8%, down from 72.3% over the previous 30 days (September 1 - September 30) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 26 days when successfully sold over the last 30 days (October 1 - October 30), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
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