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Property Description
Perfect opportunity for first time buyer, investor or downsizer. Cozy 2 bed bungalow on a large lot with large cement driveway (space for 6 cars). Close to downtown, hwy and airport. Lower is partial finished with media room/office or den? Back shed is insulated with hydro, cool space for office/den/ art or music studio, workshop etc. Property is tenant occupied - vacant possession is available with proper notice.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-05-14 | 2019-05-14 | 0 | $179,900 | $188,000 | Sold |
| 2002-12-02 | 2003-03-18 | 108 | $69,900 | $61,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
50' x 117'
Fronting
South
Taxes
$1,494 (2024)
Basement
Part Fin
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.09' x 9.97' | |
| Office | Main | 11.09' x 7.38' | |
| Kitchen | Main | 11.06' x 17.22' | |
| Br | Main | 8.23' x 9.25' | |
| Br | Main | 6.53' x 9.25' | |
| Laundry | Main | 8.92' x 16.34' | |
| Media/Ent | Bsmt | 15.98' x 8.30' |
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London Market Statistics
London Price Trend
865 Van St is a 2-bedroom 1-bathroom home listed for sale at $359,900, which is $176,612 (32.9%) lower than the average sold price of $536,512 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in London declined by $12,538 (2.3%) compared to the previous 30 day period (November 19 - December 18) and up $46,512 (9.5%) from the same time one year ago.Inventory Change
There were 39 2-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 20.4% compared with the previous 30 day period (November 19 - December 18) and up 1,850.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($12,586) (2.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,696 decrease compared to the previous 30 day period (November 19 - December 18) and ($24,450) more 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 (December 19 - January 17) stood at 128.2%, up from 89.8% over the previous 30 days (November 19 - December 18) and down from 200.0% 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 33 days when successfully sold over the last 30 days (December 19 - January 17), compared to 125 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Centre City Realty Inc.
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