262 EDGEVALLEY Rd S

East D, London, N5V 1E3
FOR SALE
$609,999
262 EDGEVALLEY Rd S, London
262 EDGEVALLEY Rd S
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
12
ROOMS
X9264528
MLSID
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Property Description
The Ironstone Building Company Presents "SHIFT", a new community located along the Thames in North East London. These modern designed condo's are ideal for those seeking a perfect blend of luxury, tranquil nature, and convenient access to vital amenities. Next to the serene Thames River, this property is perfectly situated near top-rated schools, the University of Western Ontario, Fanshawe College, and hospitals. Featuring an expansive layout with floor-to-ceiling windows, provides tons of natural light-highlighting its soaring 9-foot ceilings. Entering the thoughtfully designed kitchen, you'll notice tall upper cabinets, durable hard surface countertops, complete with family sized breakfast bar. As you explore this property further you will find premium finishes abound, from elegant tiled showers to quality luxury floors - Ironstones commitment to a high-quality standard is evident through-out the home.
Property Features
Golf, Hospital, Library, Park, Public Transit, School
Property Details
Community
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1800-1999
Basement
None
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Common
Garage Type
Attached
London Market Statistics
London Price Trend
262 EDGEVALLEY Rd S is a 3-bedroom 4-bathroom townhome listed for sale at $609,999, which is $153,422 (33.6%) higher than the average sold price of $456,577 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom townhome in London declined by $34,258 (7.0%) compared to the previous 30 day period (July 20 - August 18) and down $22,981 (4.8%) from the same time one year ago.
Inventory Change
There were 102 3-bedroom townhomes listed in London over the last 30 days (August 19 - September 17), which is up 39.7% compared with the previous 30 day period (July 20 - August 18) and up 580.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($10,541) (2.3%) below asking price over the last 30 days (August 19 - September 17), which represents a $2,508 decrease compared to the previous 30 day period (July 20 - August 18) and ($3,383) 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 (August 19 - September 17) stood at 54.9%, down from 1,172.6% over the previous 30 days (July 20 - August 18) and down from 80.0% 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 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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