$549,999
For sale: Detached

Great property for investors (R2 zoning), first time home buyers or those looking to downsize. ** Rent to own option is available. Located in the lovely town of Lucan, just 15 mins North of London, this 2 bedroom Bungalow is situated on a half acre lot (125ftx174ft) on a quiet street. A detached 2 car garage, large driveway and lots of mature trees for privacy. Enjoy the open concept design and the bright sunroom looking out onto this large open space. In-floor heating in the kitchen, living room, dining room and both bedrooms. Walking distance to Wilberforce Public School and to all of the amenities offered downtown. Use the large lot to build a shop, park your RV or potentially sever. The Seller has contacted the planning department and there is a possibility of severing a lot off of this property to build another house. Buyer is to confirm the requirements for this with the planning department.
Sold data
Detached homes in Lucan Biddulph (Lucan) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 70, across 71 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $699,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 71 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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