740 Glasgow St

East G, London, N5Y 1V7
FOR SALE
$549,000
740 Glasgow St, London
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
740 Glasgow St
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X10420101
MLSID
Contact Us
Property Description
Welcome to 740 Glasgow St, London a beautifully updated 2-bedroom, 1-bath bungalow with incredible potential and endless opportunities. Situated on a corner lot, this single-family home offers a spacious layout and modern upgrades, making it a fantastic choice for first-time buyers, investors, or those looking for an income property. Step inside to discover a bright and inviting main level featuring recent renovations throughout, including over $20,000 invested in energy efficiency upgrades to ensure comfort and savings. The full basement boasts high ceilings, a separate entrance, and abundant space, perfect for developing a secondary suite. This property also features a detached 1 car garage and an additional driveway at the rear. Location is key: you're close to Fanshawe College, downtown London, the airport, and major employers in the east end. Whether you're seeking a cozy home with future growth potential or an investment with high rental appeal, this property is a must-see. Don't miss out on this rare find in a prime area!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2005-07-05 2005-07-20 16 $132,900 $129,900 Sold
2022-10-27 2022-12-09 43 $349,900 - Terminated
2022-10-31 2023-01-31 96 $349,900 - Expired
Property Features
Fenced Yard, Golf, Library, Park, Public Transit, School Bus Route
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 120'
Acreage
< .50
Fronting
East
Taxes
$2,454 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain7.84' x 8.01'
LivingMain11.52' x 20.51'Combined W/Dining
BrMain9.74' x 10.99'
BrMain8.76' x 10.99'
London Market Statistics
London Price Trend
740 Glasgow St is a 2-bedroom 1-bathroom home listed for sale at $549,000, which is $9,446 (1.8%) higher than the average sold price of $539,554 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in London declined by $1,396 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $128,554 (31.3%) from the same time one year ago.
Inventory Change
There were 65 2-bedroom homes listed in London over the last 30 days (October 21 - November 19), which is down 20.7% compared with the previous 30 day period (September 21 - October 20) and up 622.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($7,191) (1.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $597 decrease compared to the previous 30 day period (September 21 - October 20) and ($25,450) more 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 2-bedroom homes in London over the last 30 days (October 21 - November 19) stood at 104.6%, up from 65.9% over the previous 30 days (September 21 - October 20) and up from 44.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in London stood at 29 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Agency Real Estate
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