5109 Wellington Rd S

London, N6E 3Y1
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5109 Wellington Rd S, London
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X4133972
MLSID
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Property Description
Country In The City, Rare Find In This Absolutely Stunning 2 Bedroom, 1 Bath Home Situated On A Huge 75 X 282 Ft Deep Lot With Awesome Deck To Mature Tree Lot. 2 Driveways Located On Each Side Of Home Up 8 Car Parking. No Water/Sewer Charges Which Makes Your Bills Very Economical.Municipal Water At Road If You Decide To Connect. Attached 1.5 Garage Door And Larger Storage Shed In Backyard. Just Minutes From Costco And New Ikea. Great Starter
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-08-24 2022-09-03 10 $2,500 - Terminated
2021-05-08 2021-06-01 24 $549,900 $541,000 Sold
Property Details
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
75' x 282'
Acreage
< .50
Fronting
West
Taxes
$2,792 (2017)
Basement
None
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
MasterMain10.50' x 10.66'
2nd BrMain9.51' x 9.68'
DiningMain10.24' x 10.01'
OtherMain10.99' x 9.42'
FamilyMain14.17' x 11.52'
KitchenMain21.16' x 9.51'
LaundryMain10.01' x 10.43'
LivingMain10.07' x 19.75'
London Market Statistics
London Price Trend
5109 Wellington Rd S is a 2-bedroom 1-bathroom home listed for sale at $299,999, which is $253,775 (45.8%) lower than the average sold price of $553,774 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom home in London declined by $47,102 (7.8%) compared to the previous 30 day period (February 19 - March 19) and down $87,226 (13.6%) from the same time one year ago.
Inventory Change
There were 30 2-bedroom homes listed in London over the last 30 days (March 20 - April 18), which is up 500.0% compared with the previous 30 day period (February 19 - March 19) and up 1,400.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($6,849) (1.2%) below asking price over the last 30 days (March 20 - April 18), which represents a $15,331 increase compared to the previous 30 day period (February 19 - March 19) and ($11,450) 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 (March 20 - April 18) stood at 236.7%, down from 1,240.0% over the previous 30 days (February 19 - March 19) and up from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in London stood at 26 days when successfully sold over the last 30 days (March 20 - April 18), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Comfree Commonsense Network, Brokerage
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