98 PONDEROSA Cres

South X, London, N6E 2L7
FOR SALE
$519,900
98 PONDEROSA Cres, London
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
98 PONDEROSA Cres
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 4
ROOMS
X9353145
MLSID
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Property Description
Welcome to 98 Ponderosa, a warm and inviting open concept bungalow located in White Oaks! This wonderful home located in South London is walking distance to three major elementary schools! Originally a 3 bedroom home, now 2 bedrooms turned into a large master bedroom. The large master bedroom has a sliding door to the patio and can be converted back to two bedrooms if needed. On the main floor you'll also find a second bedroom that can be used as a main floor office or bedroom, and a spacious 4-piece bathroom. The main floor features a spacious and bright eat-in kitchen with a beautiful oversized granite island and white cabinetry. Side access from the kitchen gives the home versatility and can be a private entrance to the basement as there is also a door between the kitchen and the lower level. The finished lower level adds valuable living space with a comfortable recreation room, extra bedroom, 3-piece bathroom, laundry room and storage. Located in a popular area and just minutes away from the highway, major hospitals and many more amenities. Current updates include a new roof in 2021 and new washer and dryer in 2024. This charming home is the perfect haven for first-time home buyers or for those looking to downsize without sacrificing space or style. Don't miss your chance to make this South London home your new home!
Property Features
Other
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
39' x 99'
Acreage
< .50
Lot Irregularities
39.39 X 98.74 X 43.38
Fronting
South
Taxes
$2,821 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.98' x 17.98'
Prim BdrmMain10.56' x 10.56'
BrMain9.91' x 9.97'
BrLower10.40' x 10.83'
RecLower12.14' x 19.00'
LaundryLower10.24' x 10.73'
London Market Statistics
London Price Trend
98 PONDEROSA Cres is a 2-bedroom 2-bathroom home listed for sale at $519,900, which is $47,058 (8.3%) lower than the average sold price of $566,958 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in London increased by $31,129 (5.8%) compared to the previous 30 day period (July 20 - August 18) and down $29,542 (5.0%) from the same time one year ago.
Inventory Change
There were 66 2-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 22.2% compared with the previous 30 day period (July 20 - August 18) and up 842.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($10,405) (1.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,451 decrease compared to the previous 30 day period (July 20 - August 18) and ($14,450) 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 (August 19 - September 17) stood at 83.3%, up from 81.5% over the previous 30 days (July 20 - August 18) and down from 114.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 36 days when successfully sold over the last 30 days (August 19 - September 17), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Blue Forest Realty Inc.
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