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Property Description
This charming 3-bedroom 2 storey in Old North London Home combines vintage character with modern updates. Its excellent curb appeal is matched by a large, private, and beautifully landscaped backyard, perfect for relaxation or entertaining. Inside, the home features a clean, contemporary design with a gas fireplace adding warmth to the living space. The open-concept kitchen includes a breakfast bar that offers a clear view of the pristine outdoor seating area, making it ideal for hosting gatherings.With two bathrooms and a bright, spacious entertaining area in the basement, which is easily accessible from the kitchen, the home offers plenty of space for family and friends. The living-room and dining area has crown moulding, 9 foot ceilings, built in cabinetry around the gas fireplace and hardwood floors.The separate garage provides additional convenience. Location Perks:- **Proximity to UWO**: The University of Western Ontario is nearby, making this an excellent location for students or faculty members.- **Close to Downtown Entertainment**: With easy access to the downtown district, this home offers great opportunities for enjoying Londons nightlife, restaurants, and cultural spots.- **Backing Onto a School**: The prestigious Old North London Public School located behind the property provides the following benefits: - **Open Space**: The adjacent schoolyard adds a sense of spaciousness and greenery to the backyard. - **Quiet Evenings & Weekends**: The property is quiet during off-school hours, allowing for peaceful evenings and weekends. - **Family-Friendly Convenience**: If you have school-aged children, being so close to the school offers significant convenience, reducing travel time and providing easy access to school facilities.This home offers a great mix of vintage charm, modern amenities, and an ideal location for families or those affiliated with UWO.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2017-06-22 | 2017-06-27 | 5 | $397,888 | $467,500 | Sold |
| 2016-08-08 | 2016-09-23 | 50 | $279,900 | $270,000 | Sold |
| 2005-04-20 | 2005-04-24 | 6 | $206,000 | $206,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
30' x 180'
Fronting
East
Taxes
$4,356 (2023)
Basement
Finished
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 14.99' x 18.31' | Breakfast Bar, Combined W/Laundry, W/O To Sundeck |
| Dining | Ground | 14.99' x 10.24' | |
| Living | Ground | 11.58' x 15.39' | |
| Prim Bdrm | 2nd | 45.93' x 64.67' | |
| 2nd Br | 2nd | 9.84' x 14.14' | |
| 3rd Br | 2nd | 9.02' x 11.58' | |
| Family | Bsmt | 11.91' x 10.50' |
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London Market Statistics
London Price Trend
943 Colborne St is a 3-bedroom 2-bathroom home listed for sale at $745,000, which is $108,632 (17.1%) higher than the average sold price of $636,368 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in London increased by $16,974 (2.7%) compared to the previous 30 day period (September 1 - September 30) and up $10,684 (1.7%) from the same time one year ago.Inventory Change
There were 275 3-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 11.9% compared with the previous 30 day period (September 1 - September 30) and up 450.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($13,104) (2.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,059 decrease compared to the previous 30 day period (September 1 - September 30) and ($6,852) 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 1 - October 30) stood at 72.4%, up from 62.8% over the previous 30 days (September 1 - September 30) and up from 38.0% 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 23 days when successfully sold over the last 30 days (October 1 - October 30), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
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