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Property Description
2 bedroom, 2 bath unit. Great layout with opportunity to add value by removing the wall between the kitchen and living room to make for a totally open concept design. Features in-suite laundry, forced air heating and air conditioning. Amenities include: tennis court, heated indoor pool (with dedicated adult swim times), hot tub, separate his & hers sauna, well equipped and spacious fitness room with lots of natural light, party room, bike storage room & common area BBQ'S. Guest suite available through on-site management. Variety store at the base of building. Approx 35 free on-site visitor parking spaces.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,222 (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 |
|---|---|---|---|
| Living | Flat | 12.50' x 14.01' | |
| Kitchen | Flat | 10.99' x 7.68' | |
| Br | Flat | 9.74' x 14.99' | |
| Dining | Flat | 8.17' x 15.42' | |
| Laundry | Flat | 4.92' x 4.92' | |
| Other | Flat | 4.92' x 4.92' | |
| Br | Flat | 10.40' x 11.68' |
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London Market Statistics
London Price Trend
323 Colborne St 206 is a 2-bedroom 2-bathroom condo listed for sale at $289,900, which is $144,134 (33.2%) 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 Sutton Group - Select Realty
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