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Property Description
This home is Perfect for the investor, first time home buyer, family that is looking for additional income or can be used as a great family home. This home has an upstairs area with a kitchen, bedroom, bathroom and living room. The main floor has a large living area with 2 bedrooms, kitchen ,large family room along with a 3 season sunroom. The lower level also boosts a large rec room area with lower level laundry. The house sits on a no exit treed avenue with a park & community centre at the end. Extra deep sided garage with a covered patio and fenced yard. Updates include furnace/ac/roof and some windows. East and west side of the home have been waterproofed. The property can also be converted to a duplex if desired. Call today for your viewing.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2010-09-30 | 2011-01-05 | 96 | $1,200 | $1,100 | Leased |
| 2009-08-31 | 2009-12-01 | 91 | $1,050 | $1,050 | Leased |
| 2004-03-24 | 2004-03-31 | 11 | $144,900 | $144,900 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 87'
Fronting
North
Taxes
$2,602 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.19' x 12.99' | |
| Family | Main | 13.06' x 17.09' | |
| Prim Bdrm | Main | 11.09' x 12.99' | |
| 2nd Br | Main | 9.68' x 10.99' | |
| Sunroom | Main | 11.78' x 12.27' | |
| Bathroom | Main | 4.89' x 6.89' | |
| 3rd Br | 2nd | 11.78' x 13.19' | |
| Living | 2nd | 8.69' x 13.09' | |
| Kitchen | 2nd | 5.97' x 13.19' | |
| Bathroom | 2nd | 4.20' x 6.89' | |
| Rec | Lower | 16.80' x 23.39' |
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London Market Statistics
London Price Trend
632 Wallace St is a 3-bedroom 2-bathroom home listed for sale at $499,999, which is $118,463 (19.2%) lower than the average sold price of $618,462 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,872 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $658 (0.1%) from the same time one year ago.Inventory Change
There were 246 3-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 28.1% compared with the previous 30 day period (July 20 - August 18) and up 459.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($11,777) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,409 decrease compared to the previous 30 day period (July 20 - August 18) and ($4,904) 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 (August 19 - September 17) stood at 77.2%, down from 91.7% over the previous 30 days (July 20 - August 18) and up from 56.8% 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 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Certainli Realty Inc
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