$489,900
For sale: Detached

Outstanding first time home buyer opportunity describes this well maintained 3 +1 bedroom 2 full bath brick ranch in fabulous Fairmont subdivision. The main level boasts a lovely living/dining area with lots of natural light, kitchen with great cabinet space, three generous bedrooms and an updated bath. The professionally finished lower level offers a large family room with loads of pot lights, a fourth bedroom/office and a spa style full bathroom. Laundry and storage complete that level. The rear yard, which backs on to a playground area, provides ample green space and patio, ideal for family fun or entertaining. A private drive and a single detached garage are also included.
Sold data
Detached homes in London East (East O) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 781 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $639,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 781 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East O) 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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