298 London Rd S

FOR SALE
$719,000
298 London Rd S, Wellington North
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
298 London Rd S
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 7
ROOMS
X9235023
MLSID
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Property Description
Situated on the outskirts of the countryside, you will discover this charming ranch-style bungalow offering a serene blend of rural peace and small town amenities. This inviting home features a bright interior that provides a comforting escape from the fast pace of city living. Set on a spacious lot, the property boasts a wonderful finished basement with a large rec room, a cozy den, plenty of storage, and a third bedroom. Nestled in the welcoming community of Mt Forest, a brief stroll leads to a lovely park and a delightful splash pad, making it an ideal location for those in search of a tranquil lifestyle with easy access to outdoor recreation and urban conveniences. With its proximity to Waterloo, Guelph, and Orangeville, this home offers the best of both worlds - the perks of small town living within close reach of all essential amenities. If you seek a welcoming small town ambiance, friendly neighbors, and a wealth of opportunities, then Mount Forest is the perfect place to call home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-30 2024-07-31 92 $745,000 - Expired
Property Features
Golf, Hospital, Library, Park, Place Of Worship, Rec Centre
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Acreage
< .50
Fronting
East
Taxes
$3,540 (2023)
Basement
Full, Part Fin
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain24.93' x 13.78'
KitchenMain11.91' x 10.43'
DiningMain9.88' x 10.93'
BathroomMain8.99' x 5.28'4 Pc Bath
Prim BdrmMain11.81' x 19.65'
2nd BrMain11.81' x 10.37'
3rd BrBsmt10.79' x 18.90'
DenBsmt14.86' x 9.15'
RecBsmt24.74' x 19.03'
UtilityBsmt15.03' x 10.10'
OtherBsmt18.34' x 10.07'
Wellington North Market Statistics
Wellington North Price Trend
298 London Rd S is a 2-bedroom 1-bathroom home listed for sale at $719,000, which is $40,300 (5.3%) lower than the average sold price of $759,300 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Wellington North declined by $15,700 (2.0%) compared to the previous 30 day period (July 21 - August 19) and up $271,800 (55.8%) from the same time one year ago.
Inventory Change
There were 3 2-bedroom homes listed in Wellington North over the last 30 days (August 20 - September 18), which is down 0.0% compared with the previous 30 day period (July 21 - August 19) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Wellington North typically sold ($24,700) (3.3%) below asking price over the last 30 days (August 20 - September 18), which represents a $700 decrease compared to the previous 30 day period (July 21 - August 19) and ($7,133) less 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 2-bedroom homes in Wellington North over the last 30 days (August 20 - September 18) stood at 333.3%, up from 200.0% over the previous 30 days (July 21 - August 19) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Wellington North stood at 41 days when successfully sold over the last 30 days (August 20 - September 18), compared to 92 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Icon Realty
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