87 Elgin St

East M, London, N5Z 2T4
FOR SALE
$650,000
87 Elgin St, London
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
87 Elgin St
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
10
ROOMS
X9506743
MLSID
Contact Us
Property Description
Welcome to 87 Elgin Street, a delightful bungalow nestled conveniently off Hamilton Road and Highbury Avenue. This inviting home features 3+1 bedrooms and 1+1 bathrooms, making it an ideal choice for first-time home buyers, families looking to grow, or seniors seeking a comfortable living space. With two fully equipped kitchens, this property offers versatile living arrangements, including the potential for a lower-level unit with a separate entrance perfect for generating extra income or accommodating extended family. The exterior boasts a decent-sized shed/workshop in the backyard, providing ample space for hobbies or additional storage, along with a good sized backyard for outdoor activities and relaxation. Location is key, and this home does not disappoint. Enjoy the convenience of being within walking distance to major bus routes, just 10 minutes from downtown London, and a mere 15 minutes to Fanshawe College. With easy access to the 401 and a plethora of nearby amenities, everything you need is just a short stroll away. Dont miss this fantastic opportunity to own a versatile property in a great community. Schedule your viewing today and envision the possibilities that await at 87 Elgin Street!
Extras
Lot dimensions are 107.53 ft x 40.10 ft x 107.80 x 40.10 ft. measurements to be verified by buyer.
Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 108'
Fronting
West
Taxes
$2,339 (2023)
Basement
Full
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.11' x 13.12'
DiningMain10.56' x 9.81'Combined W/Living
BathroomMain10.24' x 11.84'4 Pc Bath
2nd BrMain6.73' x 5.81'Closet
3rd BrMain9.71' x 8.30'Closet
KitchenMain11.35' x 8.69'
LivingBsmt11.22' x 14.17'Combined W/Kitchen
BathroomBsmt10.24' x 22.28'3 Pc Bath
KitchenBsmt10.56' x 17.45'
LaundryBsmt10.24' x 11.29'
Cold/CantBsmt10.56' x 19.42'
Cold/CantBsmt14.01' x 6.63'
London Market Statistics
London Price Trend
87 Elgin St is a 3-bedroom 2-bathroom home listed for sale at $650,000, which is $21,313 (3.4%) higher than the average sold price of $628,687 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 3 bedroom home in London declined by $2,951 (0.5%) compared to the previous 30 day period (September 23 - October 22) and up $12,116 (2.0%) from the same time one year ago.
Inventory Change
There were 225 3-bedroom homes listed in London over the last 30 days (October 23 - November 21), which is down 19.4% compared with the previous 30 day period (September 23 - October 22) and up 625.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($12,964) (2.1%) below asking price over the last 30 days (October 23 - November 21), which represents a $1,202 decrease compared to the previous 30 day period (September 23 - October 22) and ($11,585) 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 (October 23 - November 21) stood at 89.3%, up from 76.7% over the previous 30 days (September 23 - October 22) and up from 67.7% 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 27 days when successfully sold over the last 30 days (October 23 - November 21), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Oak And Key Real Estate Brokerage, Inc.
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