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BEDROOMS2
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KITCHENS7
ROOMSX9004386
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Property Description
Welcome to the ninth floor of 155 Kent St, located in the heart of downtown London. This bright and spacious 2 bedroom unit comes with hardwood floors throughout the living and dining area. The kitchen includes stainless steel appliances and a tile backsplash. This unit boasts two full 4-piece bathrooms, one just beyond the entry way and the other is an ensuite for the primary bedroom. The condo is close to all the downtown amenities you love including shopping, restaurants, public transit, Victoria Park and the Thames river. This unit is an ideal opportunity for anyone looking to climb the property ladder, start an investment portfolio or downsize to save on bills and maintenance. The unit is currently tenanted and leasing month-to-month at $2,050/month plus utilities. With in-unit laundry as well as a gym, sauna, hot tub, secured entry, parking spot and a personal locker, you'll be loving life in your new condo!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-17 | 2023-04-19 | 92 | $2,000 | $2,000 | Leased |
| 2023-01-17 | 2023-04-19 | 92 | $2,000 | $2,000 | Leased |
| 2022-01-03 | 2022-02-03 | 51 | $2,000 | $2,000 | Leased |
| 2021-11-03 | 2021-11-15 | 12 | $334,900 | $307,000 | Sold |
Extras
Please provide 24hr notice for showings as the property has tenants. Please include Schedule B with all offers. Email offers to soldbytimw@gmail.com and please provide 24hrs irrevocable as the owner is out of town.
Property Features
Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,631 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive (1)
Parking 2
None
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 8.53' x 8.86' | |
| Dining | Flat | 8.86' x 11.15' | Balcony |
| Living | Flat | 10.99' x 17.72' | |
| Bathroom | Flat | 7.87' x 4.92' | 4 Pc Bath |
| Bathroom | Flat | 7.87' x 4.92' | 4 Pc Ensuite |
| Prim Bdrm | Flat | 10.66' x 12.73' | |
| 2nd Br | Flat | 9.74' x 11.75' |
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London Market Statistics
London Price Trend
155 KENT St 905 is a 2-bedroom 2-bathroom condo listed for sale at $311,500, which is $122,534 (28.2%) lower than the average sold price of $434,034 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $68,118 (18.6%) compared to the previous 30 day period (September 21 - October 20) and up $120,784 (38.6%) from the same time one year ago.Inventory Change
There were 72 2-bedroom condos listed in London over the last 30 days (October 21 - November 19), which is down 2.7% compared with the previous 30 day period (September 21 - October 20) and up 2,300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($12,662) (2.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $317 increase compared to the previous 30 day period (September 21 - October 20) and ($6,689) 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 (October 21 - November 19) stood at 44.4%, up from 32.4% over the previous 30 days (September 21 - October 20) and down from 66.7% 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 48 days when successfully sold over the last 30 days (October 21 - November 19), compared to 85 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Lifestyles
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