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Property Description
Welcome to Colborne Towers, a 2-bedroom, 2-bathroom condo that effortlessly blends comfort, convenience, and style. Nestled in the heart of downtown London, this apartment offers an unparalleled lifestyle, perfect for first-time home buyers, young professionals, retirees or investors alike. As you enter, you'll be welcomed by a seamless flow through the expansive open concept living space. It combines a functional kitchen layout, a spacious dining area and an airy living room with access to the private balcony providing scenic views. The primary bedroom offers ample closet space and a private 3-piece ensuite. The second bedroom is versatile, perfect for guests, a home office, or additional living space. New in-suite laundry includes full size washer & dryer and additional storage. 1 assigned underground parking spot with secure entry and exit and ample visitor parking. Windows and balcony door replaced in 2023. New vinyl floors in bedrooms 2024. This professionally managed building offers an array of amenities, including a heated indoor saltwater pool, guest suite, hot tub, sauna, exercise room, party room, and an outdoor terrace equipped with BBQs and a tennis court making this for easy downtown living. This condo combines the comfort of practical living with the convenience of a prime location. Quick possession available. Showings by appointment only - make yours today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-03 | 2024-11-04 | 62 | $374,900 | - | Expired |
2015-01-19 | 2015-03-13 | 53 | $192,900 | $190,000 | Sold |
2004-10-26 | 2004-11-16 | 22 | $124,900 | $124,000 | Sold |
Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,367 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 7.84' x 10.99' | |
Living | Main | 12.83' x 12.24' | |
Dining | Main | 8.23' x 14.99' | |
Br | Main | 10.01' x 15.32' | 3 Pc Bath |
2nd Br | Main | 10.66' x 11.68' | |
Laundry | Main | 4.92' x 4.92' |
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London Market Statistics
London Price Trend
323 Colborne St 1701 is a 2-bedroom 2-bathroom condo listed for sale at $374,900, which is $59,134 (13.6%) 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 Blue Forest Realty Inc.
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