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Property Description
Welcome to your next home in the heart of Lambeth, where charm meets convenience! Nestled in one of the most coveted neighbourhoods, this detached gem boasts easy access to major highways, ensuring your commute is a breeze. Step inside and be greeted by the grandeur of a double-height foyer, setting the tone for the elegance that awaits within. With three spacious bedrooms and three luxurious bathrooms, including a convenient second-floor laundry room, every inch of this home is designed with your comfort in mind.The bright and airy living spaces seamlessly blend modern sophistication with cozy warmth, perfect for both entertaining guests and enjoying quiet evenings in. The garage provides storage for your vehicle and more, while the surrounding neighbourhood offers a picturesque backdrop for leisurely strolls and outdoor adventures. Don't miss your chance to call this stunning residence your own. Schedule your viewing today and make Lambeth living a reality!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-09 | 2024-07-09 | 61 | $749,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
30' x 115'
Fronting
South
Taxes
$4,062 (2023)
Basement
Full, Unfinished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
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London Market Statistics
London Price Trend
6441 Royal Magnolia Ave is a 3-bedroom 3-bathroom home listed for sale at $729,000, which is $92,632 (14.6%) higher 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 3-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 Blue Forest Realty Inc.
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