988 PROSPERITY Crt

East D, London, N5V 5C7
FOR SALE
$699,000
988 PROSPERITY Crt, London
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
988 PROSPERITY Crt
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5
BEDROOMS
3
BATHROOMS
2
KITCHENS
3
ROOMS
X9255139
MLSID
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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..
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
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain10.07' x 19.69'2 Pc Bath, Electric Fireplace
KitchenMain15.75' x 17.06'
Br2nd11.48' x 14.11'
2nd Br2nd9.19' x 10.17'
3rd Br2nd9.84' x 11.48'
BrBsmt10.17' x 8.86'
2nd BrBsmt7.55' x 17.72'
KitchenBsmt4.92' x 6.89'
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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