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Property Description
Spectacular South London Residence - This custom-built home is truly a masterpiece. Boasting approx. 4700 square ft, this home encompasses 4+2 beds + 5 baths, providing ample space for family and guests. Step inside & experience luxury living at its finest with posh Hardwood flooring & 9FT ceilings throughout, custom oversized chef's kitchen with premium appliances, large accent gas fireplace wall and full interior/exterior entertainment! Attention to detail is evident throughout, featuring heated ensuite flooring, in-wall central vacuum system, closet built-ins with automatic lighting, laundry & night lights throughout. Lower level is professionally finished with 2 bedrooms, 1 bath and a bar, perfect for entertaining. Upon arrival, you'll be greeted by a gleaming concrete driveway leading to a 3 car drive-through garage. The meticulously landscaped backyard features extensive landscaping accompanied by a large covered patio and sport court area. Don't miss out on the opportunity to call this impressive property your home sweet home.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-06-29 | 2023-08-31 | 63 | $1,749,000 | - | Terminated |
2023-06-29 | 2023-08-30 | 62 | $1,749,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
66' x 121'
Acreage
< .50
Fronting
North
Taxes
$11,468 (2024)
Basement
Finished, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 8.01' x 8.17' | |
Office | Main | 9.32' x 12.01' | |
Dining | Main | 11.09' x 16.08' | |
Breakfast | Main | 5.09' x 11.09' | |
Kitchen | Main | 11.09' x 16.99' | |
Other | Main | 6.99' x 16.99' | |
Great Rm | Main | 14.40' x 16.99' | |
Bathroom | Main | 9.84' x 9.84' | |
Mudroom | Main | 6.92' x 7.35' | |
Laundry | 2nd | 6.07' x 8.50' | |
Br | 2nd | 10.99' x 11.68' | |
Bathroom | 2nd | 9.84' x 9.84' |
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London Market Statistics
London Price Trend
7442 SILVER CREEK Cres is a 4-bedroom 4-bathroom home listed for sale at $1,649,000, which is $672,966 (68.9%) higher than the average sold price of $976,034 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in London increased by $81,067 (9.1%) compared to the previous 30 day period (December 22 - January 20) and up $593,150 (154.9%) from the same time one year ago.Inventory Change
There were 157 4-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 38.9% compared with the previous 30 day period (December 22 - January 20) and up 946.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($20,736) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,133 increase compared to the previous 30 day period (December 22 - January 20) and ($5,311) 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 4-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 35.0%, down from 71.7% over the previous 30 days (December 22 - January 20) and down from 105,113.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in London stood at 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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