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Property Description
Beautiful 4-Level Backsplit in Quiet Pond Mills Crescent. Welcome to 59 Downing Crescent, a charming 4-level backsplit nestled in the serene Pond Mills neighbourhood of London, Ontario. This spacious home features 3+1 bedrooms, 2 full baths, and an open-concept main floor filled with natural light, perfect for both family living and entertaining. Lovingly maintained and thoughtfully updated, this home boasts numerous modern improvements, including a new roof, furnace, air conditioner, tankless UV water heater, and windows, along with refreshed flooring and a stunning backyard deck. The recent upgrades provide both comfort and efficiency, ensuring this home is move-in ready for its next owner.Located on a quiet crescent, this property offers easy access to nearby amenities, schools, parks, and scenic hiking trails, making it an ideal place for families or anyone looking for a peaceful retreat close to the city.
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Property Features
Lake/Pond, Park, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
700-1100
Lot Size
50' x 120'
Acreage
< .50
Fronting
South
Taxes
$3,584 (2024)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 18.67' x 11.15' | |
Kitchen | Main | 14.90' x 12.34' | |
Dining | Main | 10.89' x 9.12' | |
Prim Bdrm | Upper | 11.91' x 10.76' | |
Br | Upper | 9.32' x 10.96' | |
2nd Br | Upper | 10.89' x 10.50' | |
Bathroom | Upper | 9.32' x 6.82' | 3 Pc Bath |
4th Br | Lower | 12.96' x 10.63' | |
Family | Lower | 10.89' x 21.59' | |
Bathroom | Lower | 6.23' x 7.22' | |
Rec | Bsmt | 24.18' x 15.68' | |
Utility | Bsmt | 22.97' x 8.66' |
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London Market Statistics
London Price Trend
59 Downing Cres S is a 3-bedroom 2-bathroom home listed for sale at $674,900, which is $38,532 (6.1%) higher than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 3-bedroom homes in London over the last 30 days (October 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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