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4 + 1
BEDROOMS5
BATHROOMS2 + 1
KITCHENS4 + 3
ROOMSX11989405
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Property Description
Attention multi-generational Families, this is the one you've been waiting for! Located in highly desirable Oakridge, complete with 2 living spaces, each with its own kitchen and separate entrance, plus a granny suite in the basement for your grown kids, parents, grandparents, or potential income. The original house has been completely renovated, and features 2 bedrooms, a den, living room with a gas fireplace, dining room, a new kitchen with brand new appliances, and a beautiful new bathroom with a custom shower. Luxury vinyl flooring throughout. The original basement has a finished, spacious 1 bedroom granny suite, with a beautiful kitchen that features an induction stove, dishwasher, fridge, and an island, as well as a living room, and a luxury 4-piece bathroom. The new 2 storey addition has a separate entrance from the beautiful large backyard. Second storey features a generous master bedroom with engineered hickory wood floor, a walk-in closet, luxurious 5-piece en-suite where you can relax after a stressful day, second bedroom with a walk-in closet, as well as a main 4-piece bathroom. Main floor has a gorgeous extra wide staircase to the second floor, a fabulous kitchen where you can entertain to your hearts content, while watching your kids play on the patio through the large window, complete with an island that seats 5, lots of cabinets for storage, a gas stove, bar fridge for all your wine, open concept dining room with sliding doors to the backyard, powder room, and walk-in pantry. The generous recreation room in the basement is perfect for creating your dream theater room/games room. Relax in your backyard oasis on your patio, or entertain all your family and friends outdoors, with plenty of room to play games, and host amazing parties! Close to all amenities, schools, hospital. A must see!
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Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
75' x 185'
Fronting
West
Taxes
$9,171 (2024)
Basement
Apartment, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 11.32' x 11.32' | |
| Dining | Ground | 9.25' x 11.75' | |
| Living | Ground | 13.58' x 15.16' | |
| Den | Ground | 9.32' x 11.52' | |
| Br | Ground | 10.07' x 11.42' | |
| 2nd Br | Ground | 10.01' x 10.07' | |
| Living | Bsmt | 10.99' x 14.76' | |
| Kitchen | Bsmt | 10.83' x 13.42' | |
| Br | Bsmt | 11.15' x 16.01' | |
| Kitchen | Ground | 13.68' x 19.42' | |
| Dining | Ground | 13.68' x 14.01' | |
| Br | 2nd | 9.51' x 12.86' |
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London Market Statistics
London Price Trend
574 Oakridge Dr is a 4-bedroom 5-bathroom home listed for sale at $1,150,000, which is $173,966 (17.8%) higher than the average sold price of $976,034 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in London increased by $81,067 (9.1%) compared to the previous 30 day period (December 22 - January 20) and up $593,150 (154.9%) from the same time one year ago.Inventory Change
There were 157 4-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 38.9% compared with the previous 30 day period (December 22 - January 20) and up 946.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,736) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,133 increase compared to the previous 30 day period (December 22 - January 20) and ($5,311) 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 (January 21 - February 19) stood at 35.0%, down from 71.7% over the previous 30 days (December 22 - January 20) and down from 105,113.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in London stood at 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc.
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