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Property Description
Good opportunity for the investors or first time home buyers. This two bedroom ready to move in unit is freshly painted situated in one of East London's most conveniently located neighborhoods, Hamilton Rd. The second bedroom offers great convenience for a small family, or someone that would like a private at home office space.Have a pet, or love to go for walks, hikes, bike rides and/or runs? The building is located right beside London's bike trail. Within less than a 5 minute walk will take you to Pottersburg Off Leash Dog Park. Walk just another 5 minutes down the trail, and voila, forest trail London has to offer, the widely known and protected Meadow lily Woods! Convenient location close to schools, HWY 401, Veterans Memorial Parkway, East Park Golf Course & Water Park, YMCA, and much more.Condo Fees include water, heat, and one parking space. Only hydro to pay. Immediate possession is available. Easy to rent in this area.Don't miss your opportunity to get into this super affordable, move-in readyhome!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-17 | 2023-01-26 | 9 | $179,900 | $175,000 | Sold |
| 2023-12-04 | 2024-03-30 | 117 | $260,000 | - | Expired |
| 2023-12-04 | 2024-03-30 | 117 | $260,000 | - | Expired |
| 2023-12-04 | 2024-03-30 | 117 | $260,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$724 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.60' x 14.76' | |
| Kitchen | Main | 7.05' x 18.57' | |
| Br | Main | 9.84' x 10.50' | |
| 2nd Br | Main | 10.99' x 10.99' | |
| Bathroom | Main | 5.74' x 5.74' |
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London Market Statistics
London Price Trend
1174 Hamilton Rd 310 is a 2-bedroom 1-bathroom condo listed for sale at $218,700, which is $211,165 (49.1%) lower than the average sold price of $429,865 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 2 bedroom condo in London declined by $63,735 (12.9%) compared to the previous 30 day period (October 4 - November 2) and up $118,365 (38.0%) from the same time one year ago.Inventory Change
There were 61 2-bedroom condos listed in London over the last 30 days (November 3 - December 2), which is down 12.9% compared with the previous 30 day period (October 4 - November 2) and up 1,933.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($14,061) (3.3%) below asking price over the last 30 days (November 3 - December 2), which represents a $634 increase compared to the previous 30 day period (October 4 - November 2) and $1,521 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 condos in London over the last 30 days (November 3 - December 2) stood at 42.6%, up from 37.1% over the previous 30 days (October 4 - November 2) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in London stood at 38 days when successfully sold over the last 30 days (November 3 - December 2), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with King Realty Inc.
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