767 Fanshawe Park Rd E

London, N5X 4A9
FOR SALE
$1,200,000
767 Fanshawe Park Rd E, London
767 Fanshawe Park Rd E
767 Fanshawe Park Rd E
767 Fanshawe Park Rd E
767 Fanshawe Park Rd E
767 Fanshawe Park Rd E
767 Fanshawe Park Rd E
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
X8291248
MLSID
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Property Description
Calling all Developers and Investors! This infill project has gone through the soft and opportunity costs of Zoning By-Law Amendment and is now zoned R5. This new zoning preliminary allows for 2.5 storey stacked townhouse building, containing 12 dwelling units. The site is located on a desirable urban thoroughfare with an average daily traffic volume of 22,500 vehicles per day. The proposed 12 residential units represent intensification within the Primary Transit Area and the Built-Area Boundary. Take advantage of the work completed and add this Turn-Key project to your portfolio!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2017-06-20 2017-09-10 82 $359,000 - Expired
2017-09-11 2017-11-07 58 $340,000 $300,000 Sold
Property Details
City
Property Type
Detached, 1 1/2 Storey
Lot Size
150' x 136'
Fronting
South
Taxes
$4,544 (2023)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.01' x 11.32'
LivingMain11.25' x 13.32'
BrMain11.09' x 12.01'
SunroomMain11.75' x 23.59'
DiningMain9.09' x 11.32'
2nd Br2nd9.09' x 12.50'
3rd Br2nd9.09' x 12.50'
London Market Statistics
London Price Trend
767 Fanshawe Park Rd E is a 3-bedroom 2-bathroom home listed for sale at $1,200,000, which is $581,538 (94.0%) 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 Blue Forest Realty Inc.
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