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Property Description
Welcome to Aspen Fields, an exclusive collection of high-end, two-story townhomes located in the south of London, brought to you by Rand Developments. This 2,195 sq. ft. end-unit townhome boasts premium finishes and a modern design throughout. Upon entry, youre greeted by a striking 18-foot foyer with an open-to-above ceiling. This home features over $80,000 in upgrades, including a custom kitchen, glass showers with designer tiles in both bathrooms, premium hardwood flooring, quartz countertops in the kitchen and all bathrooms, a waterfall quartz island, upgraded LED light fixtures, and a spacious backyard ideal for hosting family gatherings. These townhomes are fully freehold with no maintenance fees and offer 3 bedrooms plus a loft with an open-to-below view, and 3 bathrooms. Conveniently located near schools, shopping centers, parks, banks, restaurants, and public transit, this property offers both luxury and convenience, perfect for any family to come home to !
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-17 | 2024-08-08 | 22 | $744,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
32' x 115'
Acreage
< .50
Fronting
South
Taxes
$4,987 (2024)
Basement
Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 10.60' x 11.38' | |
| Dining | Main | 14.99' x 10.83' | |
| Living | Main | 14.99' x 10.83' | |
| Kitchen | Main | 14.99' x 13.91' | |
| Prim Bdrm | 2nd | 14.50' x 13.91' | |
| Loft | 2nd | 10.01' x 6.76' | |
| 2nd Br | 2nd | 10.24' x 11.68' | |
| 3rd Br | 2nd | 10.24' x 13.22' | |
| Laundry | 2nd | 6.00' x 6.99' |
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London Market Statistics
London Price Trend
6865 Royal Magnolia Ave is a 3-bedroom 3-bathroom townhome listed for sale at $749,900, which is $260,256 (53.2%) higher than the average sold price of $489,644 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 3 bedroom townhome in London increased by $12,048 (2.5%) compared to the previous 30 day period (October 18 - November 16) and up $57,644 (13.3%) from the same time one year ago.Inventory Change
There were 61 3-bedroom townhomes listed in London over the last 30 days (November 17 - December 16), which is down 32.2% compared with the previous 30 day period (October 18 - November 16) and up 577.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($10,581) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,882 increase compared to the previous 30 day period (October 18 - November 16) and ($4,950) 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 townhomes in London over the last 30 days (November 17 - December 16) stood at 85.2%, up from 67.8% over the previous 30 days (October 18 - November 16) and up from 44.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in London stood at 50 days when successfully sold over the last 30 days (November 17 - December 16), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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