501 London Rd

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501 London Rd, Newmarket
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4 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
9 + 2
ROOMS
N4192701
MLSID
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Property Description
Backyard Lovers!! 162Ft Premium Deep Lot With Inground Pool,1st Owners, High-Quality Upgrades Over The Years. 4+1 Bdrm Detached 4 Level Back Split, Double Car Garage, Main Floor- Upgraded Top Of The Line Kitchen Cabinets, Granite Counter, Ss Kitchenaid Matching Appliances, Grey Ceramic Tiles, Master Bdrm With 2 Closets & Semi Ensuite. Lower Level- Family Room W/O To Oasis Backyard And 2nd Master Used As Office With Semi Ensuite And Backyard View.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-10-23 2019-03-06 135 $799,000 $815,000 Sold
Extras
Ss Counter Depth Fridge, Ss Gas Stove, Ss Dishwasher, Ss Microwave, Washer, Dryer, Central Vacuum, Hot Water Tank, A/C, Furnace, Water Softener, Gas Fireplace, Garage Door Opener, Pool Equipment. Great For Entertaining And Families.
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
2000-2500
Lot Size
49' x 162'
Lot Irregularities
Irregular
Fronting
North
Taxes
$4,736 (2018)
Basement
Fin W/O, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.96' x 21.23'Porcelain Floor, Granite Counter, Stainless Steel Appl
BreakfastMain13.02' x 21.23'Porcelain Floor, W/O To Patio, Combined W/Kitchen
LivingMain11.42' x 17.16'Hardwood Floor, Bay Window
DiningMain9.94' x 14.73'Hardwood Floor, Large Window
MasterUpper10.50' x 13.58'Hardwood Floor, Double Closet, Semi Ensuite
2nd BrUpper9.91' x 12.47'Hardwood Floor, Closet, O/Looks Backyard
3rd BrUpper8.92' x 10.99'Hardwood Floor, Closet, Window
FamilyLower11.22' x 21.78'Hardwood Floor, W/O To Pool, Gas Fireplace
4th BrLower11.71' x 14.27'Hardwood Floor
PlayBsmt10.86' x 22.21'Laminate
5th BrBsmt8.66' x 13.35'Laminate
Newmarket Market Statistics
Newmarket Price Trend
501 London Rd is a 4-bedroom 2-bathroom home listed for sale at $849,000, which is $574,722 (40.4%) lower than the average sold price of $1,423,722 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom home in Newmarket declined by $20,183 (1.4%) compared to the previous 30 day period (February 25 - March 25) and down $207 (0.0%) from the same time one year ago.
Inventory Change
There were 79 4-bedroom homes listed in Newmarket over the last 30 days (March 26 - April 24), which is up 33.9% compared with the previous 30 day period (February 25 - March 25) and up 43.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Newmarket typically sold $5,065 (0.4%) above asking price over the last 30 days (March 26 - April 24), which represents a $5,292 decrease compared to the previous 30 day period (February 25 - March 25) and ($9,912) 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 4-bedroom homes in Newmarket over the last 30 days (March 26 - April 24) stood at 72.2%, up from 62.7% over the previous 30 days (February 25 - March 25) and down from 76.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Newmarket stood at 27 days when successfully sold over the last 30 days (March 26 - April 24), compared to 23 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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