687 Sprucewood Dr

London, N5X 4L5
FOR SALE
$848,888
687 Sprucewood Dr, London
687 Sprucewood Dr
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 2
ROOMS
X9241821
MLSID
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Property Description
687 Sprucewood Drive is a fully renovated home in one of Londons most sought-after neighborhoods, ideal for families or rental income. Key features include a modern kitchen with quartz countertops, a new roof, and no carpeting on the main and second floors. The fully finished basement with a bathroom offers rental or guest suite potential. Situated on a spacious corner lot with no adjacent neighbors, the property provides privacy and a tranquil setting with lush trees. The location is prime, with top-rated schools, shopping, and recreation within a 5-minute radius. The home is in a quiet crescent with ample parking, making it both practical and peaceful. This move-in-ready property is expected to sell quickly.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2011-05-16 2011-07-13 61 $269,900 - Expired
2010-09-15 2010-12-14 91 $294,900 - Expired
2008-05-12 2008-10-08 153 $299,900 - Expired
2011-07-13 2011-08-08 25 $269,900 $263,000 Sold
Property Features
Golf, Library, Park
Property Details
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
49' x 99'
Acreage
.50-1.99
Fronting
East
Taxes
$4,312 (2023)
Basement
Finished
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
RecBsmt17.16' x 12.07'
BrBsmt20.18' x 12.83'
BathroomBsmt9.74' x 5.15'
LivingMain17.49' x 13.09'
DiningMain9.42' x 11.84'
KitchenMain10.33' x 11.84'
BathroomMain4.92' x 5.09'
2nd Br2nd12.17' x 11.58'
3rd Br2nd12.01' x 10.93'
Prim Bdrm2nd15.91' x 16.08'2 Pc Ensuite
Bathroom2nd5.74' x 10.24'
Bathroom2nd7.58' x 4.76'
London Market Statistics
London Price Trend
687 Sprucewood Dr is a 3-bedroom 4-bathroom home listed for sale at $848,888, which is $230,426 (37.3%) higher 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 4-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 Century 21 First Canadian Corp.
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