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Property Description
762 Cheapside St should be the next stop on your list! This cute as a button home is perfect for first time home buyers, investors and everything in between! The main floor features an eat in kitchen, lovely family room, a bedroom and an office/den or walk in closet as well as a 4 pc bathroom. The primary bedroom upstairs is large and the perfect place to unwind at the end of the day. The unfinished basement offers ample storage area and the laundry space. The oversized lot is fully fenced in and makes for the perfect place to host, relax or just enjoy the outdoors. Enjoy your morning coffee on the porch! A+ location close to Fanshawe college, Western University, hospitals, public transit and walking distance to grocery stores, shops and so much more. Don't miss this opportunity to get into the market at a great price! Welcome home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-02 | 2024-10-23 | 21 | $399,900 | - | Terminated |
Property Features
Fenced Yard, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
53' x 158'
Fronting
North
Taxes
$2,250 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 14.37' x 11.32' | Eat-In Kitchen |
| Living | Main | 12.40' x 11.32' | |
| Br | Main | 11.35' x 8.04' | |
| Office | Main | 10.10' x 8.04' | |
| Bathroom | Main | 9.19' x 4.53' | 4 Pc Bath |
| Prim Bdrm | 2nd | 27.10' x 11.75' | |
| Other | Bsmt | 27.10' x 19.69' |
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London Market Statistics
London Price Trend
762 Cheapside St is a 2-bedroom 1-bathroom home listed for sale at $384,900, which is $150,554 (28.1%) lower than the average sold price of $535,454 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom home in London declined by $4,909 (0.9%) compared to the previous 30 day period (September 1 - September 30) and down $60,546 (10.2%) from the same time one year ago.Inventory Change
There were 85 2-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is up 2.4% compared with the previous 30 day period (September 1 - September 30) and up 1,600.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($3,744) (0.7%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,515 increase compared to the previous 30 day period (September 1 - September 30) and ($3,000) 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 2-bedroom homes in London over the last 30 days (October 1 - October 30) stood at 71.8%, down from 72.3% over the previous 30 days (September 1 - September 30) and up from 40.0% 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 26 days when successfully sold over the last 30 days (October 1 - October 30), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
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