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Property Description
Welcome to 846 Lorne Ave, London - fantastic opportunity in Old East Village! This two-storey solid brick home is loaded with charm and character throughout including beautiful original stained glass, high ceilings, crown moldings and heavy wood trim. This three-bedroom, three-bathroom home boasts a spacious and functional layout. The main floor features a cozy living room, spacious kitchen with granite countertop, backsplash and tons of cupboard space, large laundry room with sink, two-piece bathroom, storage closet and sitting area. The upper level offers three bedrooms and a large closet in the primary bedroom and a four-piece bathroom. The fully finished lower level offers a large family room with built in entertainment centre, gas fireplace and three-piece bathroom. Updates include the kitchen with stainless steel appliances, all three bathrooms, flooring, carpet on upper stairs, main floor freshly painted, electrical and plumbing. Enjoy the covered verandah on those quiet summer nights or the back deck for entertaining with friends. This home is move-in ready and will not last long. When you live here you will be close to Kellogg Lane, Childrens Museum, walking trails and dedicated bike lanes.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2004-02-10 | 2004-02-23 | 17 | $155,900 | $143,000 | Sold |
Property Features
Fenced Yard, Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
31' x 99'
Acreage
< .50
Lot Irregularities
31.01 X 99.44 X 30.95 X 99.41
Fronting
North
Taxes
$3,052 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 13.94' x 13.75' | |
| Laundry | Ground | 9.48' x 13.71' | |
| Living | Main | 17.68' x 10.86' | |
| Br | 2nd | 11.29' x 10.04' | |
| Br | 2nd | 10.53' x 10.17' | |
| Prim Bdrm | 2nd | 11.45' x 10.96' | |
| Rec | Bsmt | 23.85' x 16.44' | |
| Utility | Bsmt | 14.90' x 12.27' |
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London Market Statistics
London Price Trend
846 Lorne Ave is a 3-bedroom 3-bathroom home listed for sale at $549,900, which is $68,562 (11.1%) lower 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 3-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 Royal Lepage Triland Realty
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