58 Hume St

East M, London, N5Z 2N8
FOR SALE
$399,000
58 Hume St, London
58 Hume St
58 Hume St
58 Hume St
58 Hume St
58 Hume St
58 Hume St
58 Hume St
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 5
ROOMS
X11887592
MLSID
Contact Us
Property Description
Discover the potential in this diamond in the rough! While its seen better days, this home is bursting with opportunity for the right buyer to breathe new life into it. The main floor features hardwood flooring, an eat-in kitchen, a living room with a large front window that invites natural light, and a separate dining room complete with original retro lighting.Theres a main floor laundry room, and with a bit of creativity, the addition at the back could be transformed into a spacious family room or a teenagers retreat.This property is zoned R-2, and the lower level includes a separate 2-bedroom unit perfect for rental income to help with the mortgage. The large fenced yard offers endless possibilities and might even qualify for an Additional Residential Unit (ARU).With a little imagination and some hands-on effort, this house can become a truly special home once again. Dont miss out on this incredible opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2008-08-12 2008-09-04 24 $135,000 $135,000 Sold
2005-02-22 2005-04-26 64 $119,900 $114,900 Sold
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
31' x 166'
Fronting
East
Taxes
$2,486 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.38' x 14.99'
DiningMain10.50' x 11.38'
KitchenMain11.32' x 11.98'
Prim BdrmMain9.97' x 13.16'
2nd BrMain9.97' x 9.97'
FamilyMain14.57' x 14.57'
LaundryMain4.99' x 6.99'
LivingLower9.97' x 17.22'
KitchenLower9.97' x 17.98'
Prim BdrmLower10.14' x 11.06'
2nd BrLower10.30' x 11.65'
London Market Statistics
London Price Trend
58 Hume St is a 2-bedroom 2-bathroom home listed for sale at $399,000, which is $142,678 (26.3%) lower than the average sold price of $541,678 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom home in London increased by $10,864 (2.0%) compared to the previous 30 day period (October 12 - November 10) and down $19,322 (3.4%) from the same time one year ago.
Inventory Change
There were 56 2-bedroom homes listed in London over the last 30 days (November 11 - December 10), which is down 8.2% compared with the previous 30 day period (October 12 - November 10) and up 1,020.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($11,735) (2.2%) below asking price over the last 30 days (November 11 - December 10), which represents a $5,498 decrease compared to the previous 30 day period (October 12 - November 10) 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 11 - December 10) stood at 91.1%, down from 101.6% over the previous 30 days (October 12 - November 10) 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 34 days when successfully sold over the last 30 days (November 11 - December 10), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Lifestyles
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