56 David St

South V, London, N6P 1B3
FOR SALE
$649,900
56 David St, London
56 David St
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 7
ROOMS
X11891793
MLSID
Contact Us
Property Description
Lovely renovated bungalow in the heart of desirable Lambeth! This impressive 2+1 bedroom, 2 bath home is located on a tranquil, tree-lined street surrounded by mature trees and greenery. Prepare to be amazed by this exceptional brick home that has been tastefully renovated throughout to create the perfect blend of modern comfort and charm. The kitchen features bright white cabinetry, stainless steel appliances, an oversized island, gas range and more. Conveniently located off the living room making it the perfect place to entertain. Large primary bedroom with wall to wall closets and windows overlooking the backyard. A second good sized bedroom, an updated 4 ppc bath and a functional forward mudroom with heated floors and direct access to the backyard complete the main level. Downstairs is finished with a rec room, laundry room, another bedroom and large 3 pc bath. 60x135 lot is complimented by a fully fenced private backyard with a lovely deck that includes a covered area and is the perfect place to unwind and enjoy the outdoors. A new (2023) heat pump helps keep utility costs low! Close to amenities, the major highway series, some of the most top rated restaurants, great school zone and so much more. Welcome home!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-17 2024-12-01 45 $689,000 - Terminated
2023-02-23 2023-03-09 14 $659,900 $659,900 Sold
2017-05-02 2017-05-22 20 $299,900 $295,000 Sold
2009-05-22 2009-06-03 14 $201,900 $200,000 Sold
2017-03-31 2017-05-02 32 $289,900 - Terminated
2009-03-25 2009-05-22 58 $209,900 - Terminated
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
61' x 135'
Fronting
North
Taxes
$3,413 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain12.11' x 12.89'
DiningMain11.12' x 9.45'
LivingMain11.12' x 14.40'
Prim BdrmMain10.96' x 14.53'
BrMain10.93' x 10.43'
MudroomMain8.43' x 6.92'
RecLower11.09' x 20.11'
BrLower10.96' x 9.81'
OfficeLower11.29' x 14.24'
LaundryLower7.87' x 7.09'
OtherLower11.12' x 5.15'
OtherLower3.87' x 13.02'
London Market Statistics
London Price Trend
56 David St is a 2-bedroom 2-bathroom home listed for sale at $649,900, which is $101,322 (18.5%) higher than the average sold price of $548,578 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 2 bedroom home in London increased by $3,524 (0.6%) compared to the previous 30 day period (October 18 - November 16) and down $12,422 (2.2%) from the same time one year ago.
Inventory Change
There were 47 2-bedroom homes listed in London over the last 30 days (November 17 - December 16), which is down 33.8% compared with the previous 30 day period (October 18 - November 16) and up 840.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($12,053) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $4,529 decrease compared to the previous 30 day period (October 18 - November 16) and ($38,900) 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 2-bedroom homes in London over the last 30 days (November 17 - December 16) stood at 85.1%, down from 95.8% over the previous 30 days (October 18 - November 16) and up from 20.0% 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 33 days when successfully sold over the last 30 days (November 17 - December 16), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Advantage Realty Ltd.
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