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Property Description
Charming bungalow on a huge 54 x 230ft park-like lot - your own private backyard oasis. In-law suite with separate entrance is vacant and newly updated. Main floor currently leased at $1900 per month inclusive. Endless possibilities: live in the lower unit and collect rent for the top level, rent out the bottom level as well as the top for an incredible investment property, or move in! Located along bus routes to Western University, Fanshawe College and Downtown London has always been easy to rent and to manage with tons of demand for the area. Situated across from a playground, schools, close to shopping, amenities, and Highway 401 access. You are welcomed on the main level with three bedrooms, a four-piece bathroom, and a living room. The lower level of the home features two bedrooms, a three-piece bathroom and a kitchen/living room area.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-01-24 | 2022-02-24 | 31 | $1,900 | $1,900 | Leased |
Property Features
Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
54' x 229'
Acreage
< .50
Fronting
North
Taxes
$2,731 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 11.15' x 19.75' | |
Dining | Ground | 9.74' x 8.01' | |
Kitchen | Ground | 7.84' x 9.58' | |
Bathroom | Ground | 4.82' x 8.01' | |
Br | Ground | 10.76' x 11.15' | |
2nd Br | Ground | 7.84' x 10.76' | |
3rd Br | Ground | 7.91' x 10.01' | |
Living | Lower | 11.58' x 7.68' | |
Bathroom | Lower | 4.59' x 6.92' | |
Br | Lower | 10.83' x 10.66' | |
2nd Br | Lower | 10.93' x 10.33' |
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London Market Statistics
London Price Trend
61 Wistow St is a 3-bedroom 2-bathroom home listed for sale at $589,900, which is $45,369 (7.1%) lower than the average sold price of $635,269 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in London increased by $7,395 (1.2%) compared to the previous 30 day period (September 21 - October 20) and up $22,603 (3.7%) from the same time one year ago.Inventory Change
There were 232 3-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 23.9% compared with the previous 30 day period (September 21 - October 20) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,350) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,333 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,566) 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 21 - November 19) stood at 91.4%, up from 63.6% over the previous 30 days (September 21 - October 20) and up from 62.1% 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 26 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Rare Real Estate
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