1510 Richmond St 605

North G, London, N6G 4V2
FOR SALE
$419,900
1510 Richmond St 605, London
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
1510 Richmond St 605
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X11956444
MLSID
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Property Description
Amazing opportunity for first-time buyers, down sizers and investors alike! This two-bedroom condo is in a prime location in North London, steps away from Masonville Mall, UWO, University Hospital and Downtown London! Sitting on the sixth floor, you will find a wonderful view featuring two bedrooms and two full bathrooms, including an ensuite for the primary bedroom, a spacious living room, a dining room, and in-suite laundry with plenty of storage! The building is well-managed and features a gym, which includes a sauna and secured entry. One designated parking spot is included, plenty of visitor parking is available, and it's extremely close to public transportation. It is currently rented out for $1275 per month, and the tenant is on a month-to-month lease. The tenant would be willing to stay on or will vacate for the new owner given appropriate notice. Don't miss this opportunity for a very affordable option here in London!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-16 2024-10-16 92 $419,900 - Expired
2003-05-12 2003-07-18 71 $128,800 $122,000 Sold
Property Details
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,485 (2024)
Basement
None
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Common
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenFlat10.70' x 9.09'
DiningFlat10.07' x 16.47'
LivingFlat17.09' x 11.58'
Prim BdrmFlat17.09' x 11.09'
BrFlat10.10' x 10.07'
LaundryFlat5.28' x 3.51'
London Market Statistics
London Price Trend
1510 Richmond St 605 is a 2-bedroom 2-bathroom condo listed for sale at $419,900, which is $35,515 (7.8%) lower than the average sold price of $455,415 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $4,250 (0.9%) compared to the previous 30 day period (December 22 - January 20) and up $292,398 (179.4%) from the same time one year ago.
Inventory Change
There were 70 2-bedroom condos listed in London over the last 30 days (January 21 - February 19), which is up 55.6% compared with the previous 30 day period (December 22 - January 20) and up 3,400.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($8,330) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,524 increase compared to the previous 30 day period (December 22 - January 20) and ($2,896) 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 (January 21 - February 19) stood at 18.6%, down from 77.8% over the previous 30 days (December 22 - January 20) and down from 269,800.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in London stood at 49 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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