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BEDROOMS2
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Property Description
Welcome to this charming, bright, and maintenance-free family home with Duplex potential. It has a full granny suite with a separate entrance, ideal for guests or rental income! The main floor has an open layout in the living room, dining room, and kitchen. It includes 2 bedrooms, a modern 4-piece bathroom, and beautiful hardwood floors with laminate in the kitchen. The lower level also has a separate entrance. It offers a spacious living area, a cozy bedroom, a galley kitchen with three appliances, and a modern 4-piece bathroom. This home includes updated energy-efficient windows and doors (approx. 4-5 yrs) throughout. A shared utility room has a heavy-duty washer and dryer for both units. This room is easily transformed into an additional bedroom or family room. Enjoy your time on the concrete deck at the back while relaxing or hosting gatherings. The partial double-wide driveway can fit 5 cars, and the single garage has hydro. This home is perfect for first-time buyers or those looking to downsize. Live comfortably on the main floor while earning extra income from the granny suite. New AC installed in 2022, furnace (approx. 8 yrs). Property comes with newer bbq and hottub (not installed), Don't miss this great opportunity!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-04-12 | 2022-05-19 | 37 | $525,000 | $540,000 | Sold |
Extras
furniture in basement optional
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 100'
Fronting
North
Taxes
$1,220 (2023)
Basement
Finished, Walk-Up
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Detached
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London Market Statistics
London Price Trend
626 Layard St is a 2-bedroom 2-bathroom home listed for sale at $499,900, which is $41,778 (7.7%) 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 Re/Max Centre City Realty Inc.
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