6453 Royal Magnolia Ave W

South V, London, N6P 0K2
FOR SALE
$849,900
6453 Royal Magnolia Ave W, London
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
6453 Royal Magnolia Ave W
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
13
ROOMS
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Property Description
Stunning Detached Home in the Sought-After Magnolia Fields NeighborhoodWelcome to this gorgeous, move-in-ready detached home, offering 1,720 sq. ft. of luxurious living space, bathed in natural light from expansive windows throughout. Located in the vibrant, up-and-coming Magnolia Fields in Londons South West, this home is ideally situated with quick access to Highway 402, 401, and a variety of amenities including gyms, restaurants, top-rated schools, and more. Commuting is a breeze with easy access to St. Thomas, the new Amazon fulfillment center, and much more.As you step into the grand two-story foyer, you'll immediately feel the warmth and charm of this home. The open-concept design seamlessly flows into the dining area, modern kitchen, and inviting family room, creating the perfect space for family gatherings and entertaining. The kitchen is a chefs dream, ideal for preparing meals for your growing family.Upstairs, youll find three spacious bedrooms, two full bathrooms, and a convenient second-floor laundry room. A cozy common area off the staircase is perfect for a home office, play area, or additional living space.The unfinished basement offers a blank canvas for you to create your dream spacewhether its a home theater, gym, or recreation area, the possibilities are endless.This nearly-new home, just one year old, is nestled in the family-friendly Lambeth area, making it the perfect choice for those looking to settle into a beautiful community. Dont miss your chance to make this stunning property your forever home.
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
30' x 115'
Acreage
< .50
Lot Irregularities
115.13 ft x 30.10 ft x 115.13 ft x 30.10
Fronting
East
Taxes
$5,759 (2024)
Basement
Unfinished
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
London Market Statistics
London Price Trend
6453 Royal Magnolia Ave W is a 3-bedroom 3-bathroom home listed for sale at $849,900, which is $224,689 (35.9%) higher than the average sold price of $625,211 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in London declined by $14,001 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $370,637 (145.6%) from the same time one year ago.
Inventory Change
There were 193 3-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 27.8% compared with the previous 30 day period (December 22 - January 20) and up 915.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,503) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,518 increase compared to the previous 30 day period (December 22 - January 20) and ($3,099) 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 (January 21 - February 19) stood at 64.2%, down from 101.3% over the previous 30 days (December 22 - January 20) and down from 210,715.8% 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 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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