1235 Richmond St 502
London, N6A 0C1
FOR SALE
$599,800
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
The Luxe 3 Bedroom, 2 Baths, One Parking Spot. Ideal For Investors, Steps To Western University, Business Centre And Entertainment, District., Building Facilities Include: Gym, Yoga Studio, Spa, Whirlpool, Games Room, Business Centre, Roof Top Terrace, 40 Seat Theatre
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Extras
Fridge, Stove, All Elf's, Dishwasher, Microwave
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,200 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
None
Garage Type
None
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London Market Statistics
London Price Trend
1235 Richmond St 502 is a 3-bedroom 2-bathroom condo listed for sale at $599,800, which is $35,367 (6.3%) higher than the average sold price of $564,433 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom condo in London increased by $175,433 (45.1%) compared to the previous 30 day period (March 15 - April 13) and down $121,342 (17.7%) from the same time one year ago.Inventory Change
There were 16 3-bedroom condos listed in London over the last 30 days (April 14 - May 13), which is up 433.3% compared with the previous 30 day period (March 15 - April 13) and up 433.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in London typically sold ($316) (0.1%) below asking price over the last 30 days (April 14 - May 13), which represents a $10,683 increase compared to the previous 30 day period (March 15 - April 13) and ($19,722) 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 condos in London over the last 30 days (April 14 - May 13) stood at 37.5%, up from 33.3% over the previous 30 days (March 15 - April 13) and down from 133.3% 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 21 days when successfully sold over the last 30 days (April 14 - May 13), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Percy Fulton Ltd.
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