1235 Richmond St 1701
London, N6A 0C1
FOR SALE
$650,000
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Property Description
Great Turnkey Hassle Free Investment Opportunity. This State Of The Art , Fully Furnished Luxury Condo Is Perfectly Located Just Steps From The Gates Of Western University, Close To London's Largest Mall And Downtown London. This End Unit Comes With Great Size Rooms And Beautiful Views From The Large Windows. This Condo Has Great Amenities, Including Whirlpool, Sauna, Games Room, Theatre, Fitness Club And Much More! Vacant possession as of April 27th 2024.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-01-22 | 2020-01-30 | 12 | $503,800 | $521,300 | Sold |
| 2023-08-01 | 2023-10-31 | 91 | $630,000 | - | Expired |
| 2022-04-15 | 2022-07-24 | 100 | $650,000 | - | Terminated |
| 2019-10-15 | 2019-12-17 | 64 | $503,800 | - | Suspended |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,528 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (2)
Garage Type
Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.10' x 16.31' | Combined W/Kitchen |
| Kitchen | Main | 10.10' x 13.91' | Combined W/Living, B/I Dishwasher |
| Prim Bdrm | Main | 8.99' x 16.31' | 3 Pc Bath |
| 2nd Br | Main | 9.19' x 12.50' | |
| 3rd Br | Main | 11.38' x 9.51' |
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London Market Statistics
London Price Trend
1235 Richmond St 1701 is a 3-bedroom 2-bathroom condo listed for sale at $650,000, which is $50,000 (7.1%) lower than the average sold price of $700,000 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom condo in London increased by $311,000 (79.9%) compared to the previous 30 day period (February 29 - March 29) and down $252,500 (26.5%) from the same time one year ago.Inventory Change
There were 10 3-bedroom condos listed in London over the last 30 days (March 30 - April 28), which is up 100.0% compared with the previous 30 day period (February 29 - March 29) and up 233.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in London typically sold ($29,000) (4.1%) below asking price over the last 30 days (March 30 - April 28), which represents a $18,001 decrease compared to the previous 30 day period (February 29 - March 29) and ($21,995) 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 (March 30 - April 28) stood at 10.0%, down from 20.0% over the previous 30 days (February 29 - March 29) and down from 66.7% 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 6 days when successfully sold over the last 30 days (March 30 - April 28), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Real Estate Associates
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