Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, South Y, N6E 1P1
$699,000
Listed by ROYAL LEPAGE TRILAND REALTY.
Charming 2+1 bedroom, 3 bath, home welcomes you in a mature and quiet neighborhood, 5 minutes or 2.7 km away from 401 and Wellington Rd. Awesome features include metal roofing, a 13x25' inground oval pool, spacious back yard that can accommodate a beach volleyball court to go with lazy summer day bbqs. The 17.5'x14' shop is currently rented out for $395/month without lease to a wood working enthusiast but will be vacated by closing date. The 23x11 detached garage communicates with the hobby shop and the 11x9.5' pool room. There is a 220V sub panel in the garage along with a natural gas heater (not on propane tank) used to warm up the space so that the facilities can be used year round (pool excluded). The furnace, A/C and instant hot water heater are owned and approximately 3 years old. The instant hot water heater is being financed at $50/month. The inground sprinkler system adds convenience for maintaining the lawn nice and green. Future projects may include a stand alone suite as the new law allows auxiliary building units for added residential space. The foundation and building envelope is there so the hard stuff (initial building permit) is already done!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.