$670,000
For sale: Detached

In the heart of London's Old North, an exceptional opportunity awaits buyers looking for an oversized (1,800+ sf) 4 bed, 2 bath, classic Old North home with an amazing twist ... a stunning 220 sf post and beam great room addition (1999). This bright, open space is where celebrations will be held, meals will be shared and memories will be made and is complimented by the beauty of classic yellow brick Century home features. The versatile layout will appeal to families, professionals looking for in-home business space and investors alike. The large backyard is truly a natural pleasure with its wandering path, pond and raised gardens, garden shed and insulated shed/workshop. Plenty of private parking plus easy access to bus routes and bike lanes. Updates include flooring, windows, electrical (1998), HY-GRADE steel roof (2008 & 2011), Ruud high Efficiency furnace (2013), basement insulation, replaced water line to the City water supply and main sewer upgrade (2008) to name a few. R2-2 zoning provides multi family opportunity. Minutes from St. Joseph and University Hospitals, Western U, Old North's dining and shopping and downtown, 834 Colborne St. is a unique property offering an amazing opportunity for families, professionals and income property investors.
Sold data
Detached homes in London East (East B) 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 778 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% 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 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East B) 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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