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Property Description
One of the lowest priced and most affordable apartment condos in London! Excellent floor plan on this second floor unit with balcony overlooking the quiet parking lot. North/West exposure for lots of natural light. Unit has new flooring, white kitchen, fresh paint throughout and new fridge. Great East end location for those wanting close proximity to Highway 401 or London Airport. Close to the London Trail system with great walking and biking trails. Condo fees shown includes all heat and water. Laundry facilities inside the building. Vacant possession! Great opportunity to break into the market as investor or first time owner!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-09-08 | 2022-11-01 | 54 | $159,900 | - | Terminated |
| 2022-07-15 | 2022-08-08 | 24 | $164,900 | - | Terminated |
| 2013-02-12 | 2013-05-08 | 89 | $54,900 | - | Expired |
| 2012-10-29 | 2013-01-29 | 93 | $54,900 | - | Expired |
| 2018-09-27 | 2018-10-25 | 29 | $61,900 | $61,900 | Sold |
| 2022-09-08 | 2022-11-01 | 54 | $159,900 | - | Terminated |
| 2022-07-15 | 2022-08-08 | 24 | $164,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$511 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Other
Air Conditioning
None
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.94' x 9.94' | 4 Pc Bath |
| Kitchen | Main | 6.89' x 18.37' | |
| Living | Main | 10.83' x 14.76' |
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London Market Statistics
London Price Trend
1170 Hamilton Rd 207 is a 1-bedroom 1-bathroom condo listed for sale at $164,900, which is $140,733 (46.0%) lower than the average sold price of $305,633 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in London increased by $44,696 (17.1%) compared to the previous 30 day period (December 22 - January 20) and up $190,698 (165.9%) from the same time one year ago.Inventory Change
There were 23 1-bedroom condos listed in London over the last 30 days (January 21 - February 19), which is up 53.3% compared with the previous 30 day period (December 22 - January 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($5,116) (1.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $19,740 increase compared to the previous 30 day period (December 22 - January 20) and ($2,394) 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 1-bedroom condos in London over the last 30 days (January 21 - February 19) stood at 26.1%, down from 106.7% over the previous 30 days (December 22 - January 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in London stood at 39 days when successfully sold over the last 30 days (January 21 - February 19), compared to 89 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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