601 Ridgewood Cres

South D, London, N6J 3J1
FOR SALE
$568,999
601 Ridgewood Cres, London
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
601 Ridgewood Cres
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X9374850
MLSID
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Property Description
Lovely 3-bedroom home situated in the family-friendly Southcrest neighborhood, just minutes from downtown, Springbank Park, and Wortley Village. This well-maintained home exudes charm with its inviting curb appeal and cozy, light-filled interior. Featuring a spacious living room perfect for family gatherings, a bright kitchen with ample storage, and a large beautiful backyard ideal for outdoor entertaining. Newly renovated kitchen with new appliances, renovated bathroom, and new flooring and lighting. Roof approximately 7 years. Recently upgraded with blown-in insulation in the attic for enhanced energy efficiency and comfort, plus a Rogers security system included for added peace of mind. Close to schools, parks, and local amenities, this property offers the perfect balance of convenience and comfort for growing families or first-time buyers. Don't miss your chance to call this charming home yours!
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
60' x 140'
Fronting
East
Taxes
$3,099 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain9.84' x 9.35'
2nd BrMain9.84' x 11.98'
3rd BrMain8.20' x 9.09'
DiningMain6.56' x 8.86'
LivingMain13.12' x 17.72'
KitchenMain9.84' x 12.40'
London Market Statistics
London Price Trend
601 Ridgewood Cres is a 3-bedroom 1-bathroom home listed for sale at $568,999, which is $67,369 (10.6%) lower 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 1-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 Exp Realty
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