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Property Description
This luxurious corner unit condo is located minutes from Western University and London's largest mall. Floor-to-ceiling windows, Amazing unobstructed, views. The Primary bedroom has a walk-in closet and a 3-piece ensuite, while two additional large bedrooms have semi-ensuite bathrooms. The modern kitchen boasts stainless steel appliances, granite countertops, and a stylish backsplash. The open concept living area is designed for comfort and style. The building offers amenities such as a sauna, game room, theatre, and fitness club, tanning spa. Ideal for both a family residence and a rental investment, this condo includes one parking spot and is ready for immediate occupancy.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-08-27 | 2021-09-22 | 28 | $605,000 | - | Suspended |
Property Features
Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,477 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Unit 55 Level 2)
Garage Type
Surface
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London Market Statistics
London Price Trend
1235 Richmond St 1118 is a 3-bedroom 2-bathroom condo listed for sale at $615,000, which is $195,000 (46.4%) higher than the average sold price of $420,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in London declined by $7,975 (1.9%) compared to the previous 30 day period (December 22 - January 20) and up $241,275 (135.0%) from the same time one year ago.Inventory Change
There were 16 3-bedroom condos listed in London over the last 30 days (January 21 - February 19), which is up 166.7% compared with the previous 30 day period (December 22 - January 20) and up 1,500.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in London typically sold ($19,900) (4.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,200 decrease compared to the previous 30 day period (December 22 - January 20) and ($4,238) 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 3-bedroom condos in London over the last 30 days (January 21 - February 19) stood at 6.2%, down from 66.7% over the previous 30 days (December 22 - January 20) and down from 56,400.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in London stood at 20 days when successfully sold over the last 30 days (January 21 - February 19), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty, James Benson Group
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