$899,900
For sale: Detached

Amazing Opportunity! Two acres within London city limits! This is a once in a lifetime opportunity to either buy an extravagant primary residence with over 2 acres or buy it and convert it to what suits you. This parcel of land has multiple uses permitted along with city of London working to provide Municipal services. This sprawling quality-built ranch is on a lovely tree-lined parcel with quick access to Veterans Memorial Parkway, the 401 and the airport! Zoned Urban Reserve 6 with lots of current uses and potential for development in the future as London grows! Great views through the quality newer windows throughout! High End 50year roof (approx.) has many more years of life. All principal rooms are huge! Two kitchens .Two cold cellars, Two gas fireplaces. Great layout with a bedroom wing on one side. Spacious master bedroom has a large walk-in closet in addition to the 3 piece ensuite bathroom and a lovely view of the backyard. Beautiful hardwood and tile floors in all finished areas of both levels other than main floor family room which has carpet. Main floor features a full 4-piecemain bathroom plus a 2 piece powder room in addition to the 3 piece ensuite. Newer stainless steel refrigerator and stove in main floor kitchen which also boasts 2 pantries. Extra bedroom in the lower level is currently set up as a TV room. It just needs a door added to the kitchen entrance. Oversized attached double garage (23 wide x 21 deep) plus direct access to the lower level (not included in measurement). Natural Gas is used as the home fuel (Furnace 2018) which is rare for a "country home". Owned hot water tank (2020). This quality built custom home on a2 acre parcel must be seen to be believed!
Sold data
Homes in South U took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 49, across 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.
The median sale price was $599,999.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 35 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South U) 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.
Currently for sale

$869,000
Detached61 SPRING STREET, Norwich Town, Norwich

$869,900
Detached7006 DIANE CRESCENT, South V, London South

$989,900
Detached53 FOXBOROUGH PLACE, Thorndale, Thames Centre

$829,900
Detached43 PEGGY AVENUE, Mount Elgin, South-West Oxford

$895,900
Detached33 - 6990 CLAYTON WALK, South V, London South

$924,000
Detached252 MILL POND CRESCENT, NE, Strathroy-Caradoc

$899,900
Detached1000 ADIRONDACK ROAD, South M, London South

$829,900
Detached8 KENNEDY COURT, Ilderton, Middlesex Centre