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Property Description
Attention Investors & First time Homebuyers!! Welcome To This Charming 5-Bedroom, 3-Bathroom Home Couple Minutes Walk Away From Fanshawe College Main Campus. This Home Has Tons of Recent Updates Some Of Which Includes New Flooring, New Washer & Dryer, New Electric Furnace, New Light Fixtures, New Bathroom Fixtures, New Sodding And More. This Beautiful Home Features 3 Generously Sized Bedrooms On Second Level And 2 Bedroom In The Lower/Basement Level. A Separate Entrance From The Side Of The House Leads To In-Law Suite, Complete With Its Own Kitchenette, Laundry, 2 Bedroom, And Bathroom. This Self-Contained Space Offers Privacy And Independence For Guests Or Extended Family Members, Making It An Ideal Arrangement For Multi-Generational Living. One Of The Standout Features Of This Home Is Its Mortgage Helper Potential. The In-Law Suite In The Basement Has Been Thoughtfully Designed To Generate Income. The Property Is Currently Bringing In $3950 Monthly With a Potential To Make Upwards of $4300 Monthly. This Home Offers The Perfect Blend Of Comfort, Convenience, And Income Potential. Don't Miss Your Chance..
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-17 | 2024-05-21 | 90 | $729,000 | - | Expired |
2021-07-20 | 2021-09-30 | 72 | $599,000 | - | Expired |
2021-03-24 | 2021-06-15 | 92 | $599,900 | - | Expired |
2021-10-01 | 2021-10-20 | 19 | $575,000 | $568,000 | Sold |
2017-08-22 | 2017-09-20 | 28 | $269,900 | $264,900 | Sold |
2004-03-19 | 2004-08-26 | 162 | $159,900 | $157,000 | Sold |
2021-02-24 | 2021-05-24 | 89 | $599,900 | - | Expired |
2020-03-24 | 2020-07-20 | 122 | $429,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
37' x 154'
Acreage
< .50
Fronting
North
Taxes
$2,952 (2024)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.07' x 19.69' | 2 Pc Bath, Electric Fireplace |
Kitchen | Main | 15.75' x 17.06' | |
Br | 2nd | 11.48' x 14.11' | |
2nd Br | 2nd | 9.19' x 10.17' | |
3rd Br | 2nd | 9.84' x 11.48' | |
Br | Bsmt | 10.17' x 8.86' | |
2nd Br | Bsmt | 7.55' x 17.72' | |
Kitchen | Bsmt | 4.92' x 6.89' |
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London Market Statistics
London Price Trend
988 PROSPERITY Crt is a 5-bedroom 3-bathroom home listed for sale at $699,000, which is $101,625 (12.7%) lower than the average sold price of $800,625 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 5 bedroom home in London increased by $42,911 (5.7%) compared to the previous 30 day period (October 3 - November 1) and down $189,325 (19.1%) from the same time one year ago.Inventory Change
There were 12 5-bedroom homes listed in London over the last 30 days (November 2 - December 1), which is down 20.0% compared with the previous 30 day period (October 3 - November 1) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($36,062) (4.5%) below asking price over the last 30 days (November 2 - December 1), which represents a $2,977 decrease compared to the previous 30 day period (October 3 - November 1) and ($82,000) 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 5-bedroom homes in London over the last 30 days (November 2 - December 1) stood at 66.7%, up from 46.7% over the previous 30 days (October 3 - November 1) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in London stood at 91 days when successfully sold over the last 30 days (November 2 - December 1), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Nu-Vista Premiere Realty Inc.
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