505 London Rd
Bristol-London, Newmarket, L3Y 6E4
FOR SALE
$1,150,000
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BEDROOMS2
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Property Description
Lovely Detached 4 bedroom, backsplit-3, family home with approximately 1,895 sq. ft. (MPAC) of above grade interior space, in the heart of charming Bristol-London neighborhood! This solid home sits on a 48 feet frontage by183 feet deep lot. The backsplit floorplan is a thoughtfully designed floor plan that offers the perfect blend of comfort, style, and practicality for a growing family. Deceivingly bigger than it looks! The bright, open-concept living & dining areas are perfect for family gatherings and entertaining, while the cozy lower-level family room with fireplace and walkout to yard, provide another gathering space. The kitchen features lots of cabinets and countertop space and a breakfast area which walks out to a patio deck. Gleaming hardwood floors throughout! The lower level has the potential to be converted to a cozy self-contained In-law suite. The basement is an unfinished blank canvas waiting for your creativity and finishes. Private backyard is fully fenced. Situated close to parks, top rated schools, GO Train , and trails. Easy commute to highway 404.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-28 | 2024-11-30 | 94 | $1,168,000 | - | Expired |
2022-06-28 | 2022-08-25 | 58 | $999,000 | - | Terminated |
2020-02-11 | 2020-02-17 | 6 | $2,300 | $2,300 | Leased |
Property Features
Fenced Yard, Hospital, Level, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 3
Approximate Sq.Ft.
1500-2000
Lot Size
49' x 184'
Lot Irregularities
Irreg Lot (No Survey)
Fronting
North
Taxes
$5,250 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.19' x 18.90' | Hardwood Floor, Bay Window, South View |
Dining | Main | 11.19' x 10.07' | Hardwood Floor, Large Window |
Kitchen | Main | 10.60' x 15.29' | Ceramic Floor, B/I Dishwasher |
Breakfast | Main | 10.60' x 15.29' | Ceramic Floor, Combined W/Kitchen, W/O To Patio |
Prim Bdrm | Upper | 13.85' x 13.85' | Hardwood Floor, 5 Pc Bath, His/Hers Closets |
2nd Br | Upper | 9.97' x 12.30' | Hardwood Floor, Large Window, Double Closet |
3rd Br | Upper | 11.22' x 12.30' | Hardwood Floor, Large Window, Double Closet |
4th Br | Lower | 12.34' x 14.11' | Hardwood Floor, Large Window, Double Closet |
Family | Lower | 11.06' x 21.49' | Laminate, Gas Fireplace, W/O To Yard |
Laundry | Bsmt | 21.59' x 24.70' | Unfinished |
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Newmarket Market Statistics
Newmarket Price Trend
505 London Rd is a 4-bedroom 2-bathroom home listed for sale at $1,150,000, which is $92,905 (7.5%) lower than the average sold price of $1,242,905 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 4 bedroom home in Newmarket declined by $99,835 (7.4%) compared to the previous 30 day period (October 12 - November 10) and down $101,071 (7.5%) from the same time one year ago.Inventory Change
There were 37 4-bedroom homes listed in Newmarket over the last 30 days (November 11 - December 10), which is down 2.6% compared with the previous 30 day period (October 12 - November 10) and down 7.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Newmarket typically sold ($20,733) (1.7%) below asking price over the last 30 days (November 11 - December 10), which represents a $7,315 increase compared to the previous 30 day period (October 12 - November 10) and ($32,669) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Newmarket over the last 30 days (November 11 - December 10) stood at 75.7%, up from 71.1% over the previous 30 days (October 12 - November 10) and up from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Newmarket stood at 25 days when successfully sold over the last 30 days (November 11 - December 10), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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