1588 Ernest Ave 206

South X, London, N6E 2S7
FOR SALE
$289,900
1588 Ernest Ave 206, London
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
1588 Ernest Ave 206
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X9346236
MLSID
Contact Us
Property Description
This well maintained condo shows well and has many updates including, Kitchen, bathroom, flooring, lighting and backsplash. Great location close to Whiteoaks mall, Schools, hospital, Bus Stop, restaurants and the 401/402. Heat, Water, Building Insurance and Ground Maintenance are included with the condo fees. Tenants will be vacating on November 15, 2024.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-05 2020-08-07 14 $199,990 $216,000 Sold
2013-05-31 2013-06-27 28 $68,900 $174,000 Sold
Property Details
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$965 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Parking Spaces
1
Parking 1
Common
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat11.98' x 14.11'
DiningFlat7.97' x 10.07'
KitchenFlat7.97' x 8.96'
Prim BdrmFlat11.32' x 11.65'
2nd BrFlat9.02' x 11.32'
London Market Statistics
London Price Trend
1588 Ernest Ave 206 is a 2-bedroom 1-bathroom condo listed for sale at $289,900, which is $123,166 (29.8%) lower 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 1-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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