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Property Description
Nestled on a private, oversized ravine lot in the heart of Old Masonville, this stunning family home offers a rare blend of tranquility and convenience. With a 77-foot frontage and a pie-shaped lot boasting a 106-foot span backing onto the Medway Valley Heritage Forest, this property is a true retreat on a quiet, sought-after street.The curb appeal is undeniable, with a charming covered porch spanning the entire width of the home. Inside, the main floor features hardwood and ceramic tile flooring throughout, offering both style and durability. A spacious office, dining room, and a kitchen with custom cabinetry, granite countertops, and an island make for a highly functional and elegant layout. The show stopping two-story great room features massive windows that flood the space with natural light and a cozy gas fireplace, while garden doors open to an upper deck perfect for entertaining. Stairs lead down to a lower patio for seamless indoor-outdoor living. The main floor also includes a powder room and a convenient laundry/mudroom just off the kitchen.Upstairs, you will find four generously sized bedrooms, all with brand-new carpeting (2025), and two full bathrooms. The primary suite is a serene retreat with a walk-in closet and a luxurious 5-piece ensuite.The fully finished walkout lower level adds even more versatility, featuring a den, a full bathroom, and a spacious family room designed for entertaining. Step outside to a concrete patio with hot tub rough-ins, a beautifully landscaped yard with lush lawns and gardens, and ample space to build a pool. A garden shed provides extra storage, and the peaceful ravine setting ensures privacy and a connection to nature.This home truly has it all: stunning views, exceptional finishes, and a prime location close to top-rated schools, shopping, and amenities. Don't miss this rare opportunity to own a piece of Old Masonville's finest!
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Property Features
Fenced Yard, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
78' x 159'
Lot Irregularities
84.76x10614x151.60x6.73x71.19x84.75
Fronting
West
Taxes
$8,684 (2024)
Basement
Fin W/O
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
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 7.87' x 8.40' | |
Office | Main | 10.04' x 12.04' | |
Dining | Main | 11.65' x 11.02' | |
Kitchen | Main | 19.62' x 13.65' | |
Great Rm | Main | 13.85' x 18.24' | |
Mudroom | Main | 6.86' x 13.02' | |
Prim Bdrm | 2nd | 19.91' x 18.37' | |
2nd Br | 2nd | 11.09' x 11.09' | |
3rd Br | 2nd | 11.12' x 11.02' | |
4th Br | 2nd | 10.14' x 10.24' | |
Den | Lower | 13.06' x 13.25' | |
Family | Lower | 14.30' x 31.10' |
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London Market Statistics
London Price Trend
86 Marcus Cres is a 4-bedroom 4-bathroom home listed for sale at $1,248,800, which is $272,766 (27.9%) 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 Blue Forest Realty Inc.
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