56 Riverview Ave

South E, London, N6J 1A2
FOR SALE
$679,900
56 Riverview Ave, London
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
56 Riverview Ave
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4
BEDROOMS
2
BATHROOMS
2
KITCHENS
9
ROOMS
X9308659
MLSID
Contact Us
Property Description
Don't let this one pass you by! Stunning centrally located century home loaded with character, converted into legal duplex (main/upper). Tucked away on a pretty side street in walking distance to DOWNTOWN and WORTLEY VILLAGE. Located along major bus routes (5-minute drive to Western U), and with direct access to the Thames Valley Parkway Trail system. Comprised of two large 2-bed, 1 bath units with separate hydro meters and NEST Thermostat system for A/C & gas heat. Shared laundry and storage in basement. Each unit enjoys designated outdoor space with a beautiful covered front porch and private backyard with deck. As main level unit of this home has historically been owner-occupied, property has been carefully maintained over the years. All major systems are in good condition-roof, HVAC, windows, electrical have all been updated. Additional updates include: exterior painting of all trim/soffit/fascia, new fencing, and appliances. This is a special home with thoughtful period details such as original hardwood floors, 10-foot ceilings, big windows, beautiful archways, and high baseboards- accented by modern touches like upgraded kitchens, bathroom, stone & ceramic tile flooring. Not to mention this property is easy to rent and show; current owners have never had a vacancy! Gross annual revenue of $39,855.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-18 2024-09-10 84 $689,900 - Terminated
2024-05-02 2024-06-17 46 $699,900 - Suspended
2011-09-22 2011-10-18 29 $295,000 $283,000 Sold
2017-03-29 2017-04-03 5 $369,900 - Terminated
2007-03-15 2007-05-09 55 $279,500 - Terminated
Property Details
Community
City
Property Type
Duplex, 2-Storey
Lot Size
39' x 39'
Acreage
< .50
Lot Irregularities
38.79 x 109.86 x 37.66 x 106.87 ft
Fronting
South
Taxes
$4,647 (2023)
Basement
Full, Unfinished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain19.88' x 14.07'
DiningMain18.18' x 14.11'
KitchenMain11.09' x 9.88'
BrMain15.09' x 11.38'
2nd BrMain9.78' x 10.70'
Kitchen2nd11.81' x 8.40'
Living2nd14.90' x 12.07'
3rd Br2nd13.39' x 34.12'
4th Br2nd8.10' x 10.60'
London Market Statistics
London Price Trend
56 Riverview Ave is a 4-bedroom 2-bathroom home listed for sale at $679,900, which is $249,010 (26.8%) lower than the average sold price of $928,910 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $43,750 (4.9%) compared to the previous 30 day period (July 20 - August 18) and up $96,910 (11.6%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 559.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($40,513) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,612 decrease compared to the previous 30 day period (July 20 - August 18) and ($30,444) 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 4-bedroom homes in London over the last 30 days (August 19 - September 17) stood at 47.6%, down from 58.6% over the previous 30 days (July 20 - August 18) and up from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in London stood at 38 days when successfully sold over the last 30 days (August 19 - September 17), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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