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Property Description
Welcome to Park Place in the heart of Byron and backing onto Springbank Park! Well maintained and updated 1 bedroom lifestyle condo apartment gets tons of natural light from it's southern exposure and comes with in-suite laundry, laminate and ceramic flooring, newer kitchen appliances, large bedroom and generously sized balcony. BBQs permitted. Steps away from Shopping & Dining, Medical, Walking Trails, Transportation and more! Condo fees include water, heat and protected parking. Owner is a licensed real estate agent.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,542 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Water
Heat Source
Other
Air Conditioning
Wall Unit
Elevator
Yes
Parking 1
Common
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.59' x 8.50' | |
| Kitchen | Main | 7.97' x 7.97' | |
| Living | Main | 10.50' x 21.78' | |
| Br | Main | 9.09' x 18.90' |
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London Market Statistics
London Price Trend
1255 Commisioners Rd W 404 is a 1-bedroom 1-bathroom condo listed for sale at $299,000, which is $39,971 (15.4%) higher than the average sold price of $259,029 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in London declined by $35,561 (12.1%) compared to the previous 30 day period (November 19 - December 18) and up $109,029 (72.7%) from the same time one year ago.Inventory Change
There were 18 1-bedroom condos listed in London over the last 30 days (December 19 - January 17), which is up 50.0% compared with the previous 30 day period (November 19 - December 18) and up 800.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($24,062) (9.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $17,522 decrease compared to the previous 30 day period (November 19 - December 18) and ($25,000) 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 1-bedroom condos in London over the last 30 days (December 19 - January 17) stood at 94.4%, up from 83.3% over the previous 30 days (November 19 - December 18) and up from 50.0% 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 30 days when successfully sold over the last 30 days (December 19 - January 17), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
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