6371 ROYAL MAGNOLIA Ave

South V, London, N6P 0H2
FOR SALE
$839,000
6371 ROYAL MAGNOLIA Ave, London
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
6371 ROYAL MAGNOLIA Ave
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
X8391340
MLSID
Contact Us
Property Description
MOVE IN READY! Welcome to your dream bungalow! This stunning brick exterior property boasts timeless elegance and modern convenience. Step onto the covered patio and imagine sipping your morning coffee while enjoying the tranquility of the outdoors. Inside, discover spacious living with two large bedrooms on the main level and another in the finished lower level, providing ample space for family or guests. With three full bathrooms, convenience is never compromised. Indulge in luxury with upgrades throughout, including 9' ceilings, 8' doors, oversized patio doors and windows that flood the home with natural light. The custom cabinetry and included appliances make the kitchen a chef's delight.Complete with a finished basement and a concrete driveway, this home is not only beautiful but also practical. Your new beginning awaits in this meticulously crafted haven.
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
35' x 114'
Acreage
< .50
Fronting
South
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
London Market Statistics
London Price Trend
6371 ROYAL MAGNOLIA Ave is a 2-bedroom 3-bathroom home listed for sale at $839,000, which is $267,114 (46.7%) higher than the average sold price of $571,886 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom home in London increased by $36,507 (6.8%) compared to the previous 30 day period (July 17 - August 15) and down $13,336 (2.3%) from the same time one year ago.
Inventory Change
There were 68 2-bedroom homes listed in London over the last 30 days (August 16 - September 14), which is up 33.3% compared with the previous 30 day period (July 17 - August 15) and up 655.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($9,934) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $5,012 decrease compared to the previous 30 day period (July 17 - August 15) and ($13,388) 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 (August 16 - September 14) stood at 80.9%, down from 86.3% over the previous 30 days (July 17 - August 15) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in London stood at 32 days when successfully sold over the last 30 days (August 16 - September 14), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Blue Forest Realty Inc.
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