224 Oak Ave
SW, Strathroy-Caradoc, N7G 3A8
FOR SALE
$484,900
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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX9377024
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Property Description
This spacious 3+2 bedroom semi is perfect for first time home buyers or the growing family! Situated in a quiet neighbourhood, close to parks, shopping and within walking distance to three schools. Inside this bright and well-maintained home there is laminate flooring throughout, an eat in kitchen with included stainless appliances (2 years old), updated bathrooms, a fully finished basement with family room, 2pc bath and two more rooms for either an office or guest room. Fenced backyard with above ground pool, large shed, plus a lovely deck and new steel gazebo (negotiable). Strathroy has everything you need including fantastic recreation programs, sports fields, community centres, an excellent hospital and just 30 mins to north or south London. Dont miss out on this great opportunity!
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Property Features
Hospital, Rec Centre, School, School Bus Route
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Property Details
Street
Community
Property Type
Semi-Detached, Bungalow
Lot Size
32' x 110'
Acreage
< .50
Fronting
West
Taxes
$1,914 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.60' x 15.09' | Bay Window |
| Kitchen | Main | 8.83' x 17.65' | Eat-In Kitchen |
| Prim Bdrm | Main | 10.04' x 14.34' | |
| 2nd Br | Main | 10.83' x 8.40' | |
| 3rd Br | Main | 10.01' x 8.89' | |
| Family | Lower | 17.32' x 14.60' | |
| 4th Br | Lower | 12.01' x 8.86' | Large Closet, Combined W/Office |
| 5th Br | Lower | 15.78' x 10.96' |
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Strathroy-Caradoc Market Statistics
Strathroy-Caradoc Price Trend
224 Oak Ave is a 3-bedroom 2-bathroom home listed for sale at $484,900, which is $153,544 (24.0%) lower than the average sold price of $638,444 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 3 bedroom home in Strathroy-Caradoc increased by $4,368 (0.7%) compared to the previous 30 day period (August 5 - September 3) and down $143,556 (18.4%) from the same time one year ago.Inventory Change
There were 28 3-bedroom homes listed in Strathroy-Caradoc over the last 30 days (September 4 - October 3), which is up 250.0% compared with the previous 30 day period (August 5 - September 3) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Strathroy-Caradoc typically sold ($4,833) (0.8%) below asking price over the last 30 days (September 4 - October 3), which represents a $3,105 increase compared to the previous 30 day period (August 5 - September 3) and ($7,900) 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 3-bedroom homes in Strathroy-Caradoc over the last 30 days (September 4 - October 3) stood at 32.1%, down from 162.5% over the previous 30 days (August 5 - September 3) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Strathroy-Caradoc stood at 32 days when successfully sold over the last 30 days (September 4 - October 3), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
Similar Listings
ATTENTION FIRST-TIME HOME BUYERS AND INVESTORS! Located in the vibrant center of Strathroy, this property is a must-see! Investors should note the strong demand for rental properties in this expanding community. Enjoy the benefits of excellent city amenities without the burden of heavy traffic. This 4-bedroom, 1-bathroom home was previously home to a large family and is now ready for you and yours. Upon arrival, you will be greeted by a beautiful front covered porch, featuring a newly installed stone facade as of 2023. Inside, the bright living room boasts a large front window that fills the space with natural light. Adjacent to the living room is a conveniently located bedroom, along with a tiled eat-in kitchen that includes a gas stove. The main floor features approximately 9-foot ceilings, enhancing the feeling of spaciousness. On the second floor, you will discover three bedrooms, all with new carpeting installed in 2016. The basement includes a laundry room and a cozy area to relax. This prime location allows for easy walking access to cafes, bakeries, grocery stores, and a variety of dining options, from charming local eateries to popular chain restaurants. The area is also known for its lively summer street fairs, creating a delightful European ambiance. Additionally, the property is equipped with a underground sprinkler system and is conveniently located near hospitals, aquatic parks, and more. Experience affordable living with the added advantage of lower property taxes in this exceptional location.
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