$499,900
For sale: Detached

A charming bungalow with a carport and flexible lower level suite in a mature neighbourhood. This home has 3+1 bedrooms, 2 full, 4 piece bathrooms and 2 kitchens. The main floor features a bright, open living room with a large picture window, electric fireplace with built-in cabinetry and shelving, and new flooring, opening to the recently updated kitchen with centre island. Three bedrooms and a four-piece bathroom complete the main level. The lower level offers an additional family room, kitchenette with fridge and stove, fourth bedroom and four piece bathroom, along with a separate side entrance. The unfinished area provides laundry and plenty of storage. The layout offers flexibility for extended family, guests or additional living space. Outside, the fully fenced backyard includes a garden shed and fire pit, with a single-car carport and driveway parking for two additional vehicles. Located close to schools, Argyle Business Centre and Fanshawe College, with easy access to Highway 401.
Sold data
Detached homes in London East (East I) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 773 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $638,888.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 773 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East I) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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