87 Salem Pl

South M, London, N6K 1T8
FOR SALE
$849,900
87 Salem Pl, London
87 Salem Pl
87 Salem Pl
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87 Salem Pl
87 Salem Pl
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
9
ROOMS
X11932233
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Property Description
Welcome to 87 Salem Place, a stunning 2-storey detached home in the heart of the desirable Westmount neighbourhood in London, Ontario. This property offers a perfect combination of space, comfort, and charm, making it an excellent choice for families or anyone looking to upgrade their living experience. With four spacious bedrooms, including a primary suite with a private three-piece ensuite and two other bathrooms, this home is designed to meet the needs of modern living. The main floor features a bright and airy layout, including a large kitchen with ample room for culinary creativity, a formal living and dining area for family gatherings, and a cozy family room with a fireplace insert for relaxing evenings. The partially finished basement adds even more versatility with a massive recreation room that can be customized as a home theatre, gym, or hobby space and a dedicated storage area that could double as a workshop. Outdoors, the irregular yet expansive lot offers plenty of space for play, gardening, or future landscaping ideas, complemented by a private double driveway and an attached two-car garage with parking for up to six vehicles. Westmount is known for its family-friendly atmosphere and convenient location. This home is close to top-rated schools, lush parks, and trails, providing ample opportunities for outdoor recreation. Nearby shopping, theatre complex, restaurants, and essential services make daily life easy, while excellent connectivity to major roads and public transit ensures stress-free commuting. With a flexible possession date, 87 Salem Place is a must-see for anyone seeking an upgraded, well-maintained home (the furnace was replaced in 2024) that perfectly blends style, functionality, and location. Don't miss your chance to make this exceptional property your own. Book your showing today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2011-08-01 2011-09-29 58 $369,000 $350,000 Sold
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
75' x 131'
Acreage
< .50
Lot Irregularities
70.18 x 131.18 x 75.19 x 128.79
Fronting
West
Taxes
$4,892 (2024)
Basement
Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.12' x 24.48'
DiningMain11.71' x 12.60'
KitchenMain11.38' x 18.14'
FamilyMain15.29' x 15.45'Fireplace Insert
Prim Bdrm2nd14.37' x 16.90'3 Pc Ensuite
2nd Br2nd11.12' x 13.62'
3rd Br2nd13.52' x 14.37'
3rd Br2nd9.68' x 11.09'
Bathroom2nd6.76' x 9.81'4 Pc Bath
LaundryMain6.33' x 7.19'
RecBsmt22.15' x 26.28'
WorkshopBsmt13.09' x 24.18'
London Market Statistics
London Price Trend
87 Salem Pl is a 4-bedroom 3-bathroom home listed for sale at $849,900, which is $51,123 (5.7%) lower than the average sold price of $901,023 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $14,663 (1.7%) compared to the previous 30 day period (November 19 - December 18) and up $51,123 (6.0%) from the same time one year ago.
Inventory Change
There were 111 4-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 15.9% compared with the previous 30 day period (November 19 - December 18) and up 825.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($36,240) (4.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $13,234 decrease compared to the previous 30 day period (November 19 - December 18) and ($29,000) 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 (December 19 - January 17) stood at 77.5%, up from 53.0% over the previous 30 days (November 19 - December 18) and down from 91.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 52 days when successfully sold over the last 30 days (December 19 - January 17), compared to 90 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Lifestyles
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