10057 Longwoods Rd

London, N6P 1P9
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10057 Longwoods Rd, London
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4 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
X3866107
MLSID
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Property Description
3.2 Acre Property, Close Hwy 401/402 With C2 Zoning In London On This Tranquil, 3.2 Acre Property, Located Just 10 Minutes From London, Has Many Distinctive Features. 2 Story, 4 Bedroom + 2 More Bedrooms On The Main Floor, Plus A Complete In-Law-Suite That Can Also Be Used For Many Commercial Purposes. There Have Been Many Upgrades Including Windows, Skylights, Kitchen & Flooring And A Back Wash System Sales & Service And So Much More. There Are 2 Separate Hy
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-02-12 2018-08-16 178 $599,900 $555,000 Sold
2016-10-12 2017-01-09 89 $519,900 - Terminated
2017-08-09 2017-10-14 66 $649,900 - Terminated
Extras
This Property Is Perfect For An In Home Business With Commercial Zoning Which Allows Potential For Daycare, Building Supply, Car Wash, Financial Institution, Flea Market, Gas Bar, Nursery, Professional Offices, Service Store, Retail, Motor
Property Details
City
Property Type
Detached, 2-Storey
Lot Size
200' x 600'
Fronting
West
Taxes
$5,828 (2016)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
None
London Market Statistics
London Price Trend
10057 Longwoods Rd is a 4-bedroom 3-bathroom home listed for sale at $649,900, which is $232,579 (26.4%) lower than the average sold price of $882,479 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 4 bedroom home in London declined by $18,428 (2.0%) compared to the previous 30 day period (February 23 - March 23) and up $108,579 (14.0%) from the same time one year ago.
Inventory Change
There were 82 4-bedroom homes listed in London over the last 30 days (March 24 - April 22), which is up 115.8% compared with the previous 30 day period (February 23 - March 23) and up 256.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($23,891) (2.7%) below asking price over the last 30 days (March 24 - April 22), which represents a $300 increase compared to the previous 30 day period (February 23 - March 23) and ($910) 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 (March 24 - April 22) stood at 286.6%, down from 300.0% over the previous 30 days (February 23 - March 23) and up from 43.5% 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 29 days when successfully sold over the last 30 days (March 24 - April 22), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with World Class Realty Point, Brokerage
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