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Property Description
Why wait for a new build when you can own a spacious, character-filled home that offers so much more? This (Large) executive Brick bungalow with extra wide (72 x 129) lot provides exceptional value at a fraction of the cost per square foot compared to building new. With 2175 sqft on the main floor including the sunroom, 1132 finished sqft in the lower level, and 1005 unfinished sqft in lower level. This home is move-in ready and packed with potential.Unlike new builds, this property comes complete with thoughtful extras, including a mostly fenced yard, stone driveway, three season sunroom, large shed, wood deck, landscaped yard with privacy, awning for shade, saving you thousands on essentials that are often additional expenses for a new build.While the homes current aesthetic may feel dated, its solid construction and versatile layout make it a canvas for your dream design, easily tailored to your modern taste. This house is Situated in a prime Southwest London neighborhood with houses that are valued in the millions. Its location provides convenient access to major roads, local amenities, and schools, making it ideal for families or those seeking tranquility without sacrificing convenience. This property offers more than just a home, it is a lifestyle. One floor homes of this quality are simply hard to find! Do not miss the chance to own a home that combines unbeatable value, potential, and charm. This home can easily become a multi generational home. Let 548 Rosecliffe Terrace show you why established homes are the smarter choice!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-28 | 2024-12-04 | 37 | $899,900 | - | Terminated |
2024-10-03 | 2024-10-28 | 25 | $975,000 | - | Terminated |
2024-08-28 | 2024-10-03 | 36 | $1,038,000 | - | Terminated |
Extras
Fridge (Kitchen), Fridge (Basement), Dishwasher, Stove, Washer, Dryer, Water Softener, Retractable Awning. (All in "AS-IS" Condition.)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
72' x 129'
Acreage
< .50
Lot Irregularities
Pie
Fronting
East
Taxes
$5,758 (2024)
Basement
Finished, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Ground | 4.99' x 8.86' | 4 Pc Bath |
Bathroom | Ground | 8.43' x 11.61' | 5 Pc Ensuite |
Br | Ground | 12.99' x 11.81' | |
2nd Br | Ground | 12.99' x 13.02' | |
Breakfast | Ground | 10.07' x 15.65' | Tile Floor |
Dining | Ground | 18.14' x 10.66' | |
Family | Ground | 24.38' x 13.81' | |
Foyer | Ground | 13.48' x 5.91' | |
Kitchen | Ground | 13.19' x 10.37' | |
Laundry | Ground | 10.14' x 6.50' | |
Living | Ground | 17.91' x 13.91' | |
Prim Bdrm | Ground | 20.08' x 13.25' |
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London Market Statistics
London Price Trend
548 Rosecliffe Terr is a 3-bedroom 3-bathroom home listed for sale at $874,900, which is $259,495 (42.2%) higher than the average sold price of $615,405 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 3 bedroom home in London declined by $21,931 (3.4%) compared to the previous 30 day period (October 12 - November 10) and up $42,405 (7.4%) from the same time one year ago.Inventory Change
There were 216 3-bedroom homes listed in London over the last 30 days (November 11 - December 10), which is down 0.0% compared with the previous 30 day period (October 12 - November 10) and up 620.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($9,467) (1.5%) below asking price over the last 30 days (November 11 - December 10), which represents a $3,539 increase compared to the previous 30 day period (October 12 - November 10) and ($29,000) 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 (November 11 - December 10) stood at 91.2%, up from 82.9% over the previous 30 days (October 12 - November 10) and up from 46.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 29 days when successfully sold over the last 30 days (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
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