2545 Meadowlands Way 28

North R, London, N6G 5L8
FOR SALE
$699,000
2545 Meadowlands Way 28, London
2545 Meadowlands Way 28
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
X11947577
MLSID
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Property Description
FIRST TIME HOME BUYER'S/INVESTOR'S ALERT !! An amazing three-story freehold townhome in North London's upper Richmond Village, with a double-car garage. First Floor: Offers flexible space that can be used as either a bedroom or a cozy living area, with a bathroom. Second Floor: Features a spacious, well-lit living room with oversized windows and 9-foot ceilings. The kitchen is a standout with quartz countertops, premium cabinets, and high-end appliances, all in an open-concept design with the living area. Third Floor: Includes three generously sized bedrooms with ample closet space and bright windows. The master suite includes a 3-piece bathroom and a walk-in closet. Location & Amenities: Close to Masonville Mall, shopping centers, schools, Western University, and hospitals. Ideal for rental potential with low condo fees.
Extras
LOW MAINTENANCE FEE-$95
Property Details
Community
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2249
Taxes
$5,742 (2024)
Basement
Fin W/O
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
None
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain15.16' x 18.41'
Living2nd18.01' x 21.75'
Dining2nd18.01' x 21.75'
Kitchen2nd13.25' x 12.27'
Prim Bdrm3rd11.32' x 12.99'
2nd Br3rd13.75' x 12.17'
3rd Br3rd14.34' x 12.43'
London Market Statistics
London Price Trend
2545 Meadowlands Way 28 is a 3-bedroom 4-bathroom townhome listed for sale at $699,000, which is $244,310 (53.7%) higher than the average sold price of $454,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom townhome in London declined by $33,834 (6.9%) compared to the previous 30 day period (November 19 - December 18) and down $20,310 (4.3%) from the same time one year ago.
Inventory Change
There were 74 3-bedroom townhomes listed in London over the last 30 days (December 19 - January 17), which is up 15.6% compared with the previous 30 day period (November 19 - December 18) and up 469.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($23,378) (5.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $12,536 decrease compared to the previous 30 day period (November 19 - December 18) and ($8,429) 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 3-bedroom townhomes in London over the last 30 days (December 19 - January 17) stood at 89.2%, up from 87.5% over the previous 30 days (November 19 - December 18) and up from 76.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in London stood at 39 days when successfully sold over the last 30 days (December 19 - January 17), compared to 91 days before being removed from the market upon being suspended or terminated.
Listing contracted with Luxe Home Town Realty Inc.
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