702 Galloway Cres

South O, London, N6J 2Y7
FOR SALE
$715,000
702 Galloway Cres, London
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
13
ROOMS
X9347707
MLSID
Contact Us
Property Description
Welcome to your dream home! This beautifully updated residence is ideally situated near top schools and a variety of amenities. Nestled on a serene, private lot that backs onto protected land, this 3+1 bedroom home offers both comfort and tranquility. Enjoy your morning coffee with sunrises in your backyard and sunsets on your front patio. As you step inside, you'll be welcomed by a spacious living room bathed in natural light. The open-concept main floor is perfect for family gatherings and entertaining. Upstairs, you'll find three generously-sized bedrooms and a full bathroom. The lower level features a bright rec room with large windows, an additional bedroom with an egress window, and another full bathroom. Plus, there is ample storage and a dedicated laundry area in the basement. This home has been meticulously updated with modern features, including new doors and windows (2017), fresh carpeting (2017), a Spraynet painted exterior (2017), a renovated basement bathroom (2017), and a stunning custom kitchen with quartz countertops (2018) valued at $75,000. Additional updates include LVP flooring (2018) and new front porch and curbs (2018).With all these updates, this home is truly move-in ready. Don't miss out on this exceptional opportunity schedule your viewing today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2017-05-31 2017-06-07 7 $256,900 $316,000 Sold
Property Details
Community
City
Property Type
Detached, Sidesplit 4
Lot Size
60' x 120'
Acreage
< .50
Fronting
East
Taxes
$3,696 (2024)
Basement
Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.12' x 21.65'
KitchenMain10.83' x 11.91'
DiningMain10.83' x 9.35'
Br2nd10.37' x 8.56'
2nd Br2nd10.37' x 12.20'
Prim Bdrm2nd11.38' x 12.70'
Bathroom2nd6.50' x 11.38'4 Pc Bath
RecLower10.66' x 18.77'
3rd BrLower9.55' x 10.73'
BathroomLower5.31' x 6.82'3 Pc Bath
UtilityBsmt11.42' x 20.83'
LaundryBsmt9.22' x 11.68'
London Market Statistics
London Price Trend
702 Galloway Cres is a 3-bedroom 2-bathroom home listed for sale at $715,000, which is $96,538 (15.6%) 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 2-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 The Realty Firm Inc.
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