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
X9041256
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Property Description
Amazing opportunity for first-time buyers, downsizers 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
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 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
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 5.58'
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 $6,834 (1.7%) higher than the average sold price of $413,066 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $15,948 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $102,884 (19.9%) from the same time one year ago.
Inventory Change
There were 59 2-bedroom condos listed in London over the last 30 days (August 19 - September 17), which is up 34.1% compared with the previous 30 day period (July 20 - August 18) and up 1,080.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($3,484) (0.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $6,717 increase compared to the previous 30 day period (July 20 - August 18) and ($7,500) 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 2-bedroom condos in London over the last 30 days (August 19 - September 17) stood at 50.8%, down from 1,195.5% over the previous 30 days (July 20 - August 18) and up from 40.0% 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 45 days when successfully sold over the last 30 days (August 19 - September 17), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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