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Property Description
Vacant. 1 bed unit on the 23rd floor with a balcony. Nice views! Features in-suite laundry, storage room, forced air heating & air conditioning, spacious bedroom that easily fits a king size suite. 1 underground parking space. Add value by removing the wall between the kitchen & dining room to make for a totally open concept design. Condo fee is $514/mth and includes: tennis court, heated indoor pool, hot tub (with dedicated times for adults), his/hers sauna, spacious fitness room with loads of natural light, party room, bike storage room, common area BBQ'S, party room & a guest suite. Party room & guest suite are available for rent through onsite management. Approx 35 free onsite visitor parking spaces. Property tax is $2090/yr.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-20 | 2024-09-19 | 92 | $279,900 | - | Expired |
| 2023-08-23 | 2023-11-09 | 79 | $279,900 | - | Expired |
| 2023-11-13 | 2023-12-10 | 27 | $279,900 | - | Expired |
| 2023-08-23 | 2023-11-09 | 79 | $279,900 | - | Expired |
| 2023-11-13 | 2023-12-10 | 27 | $279,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,090 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.24' x 18.67' | |
| Kitchen | Flat | 7.84' x 8.50' | |
| Br | Flat | 11.84' x 14.17' | |
| Dining | Flat | 8.07' x 9.32' | |
| Laundry | Flat | 3.28' x 3.28' | |
| Other | Flat | 6.27' x 6.43' |
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London Market Statistics
London Price Trend
323 Colborne St 2305 is a 1-bedroom 1-bathroom condo listed for sale at $269,900, which is $31,150 (10.3%) lower than the average sold price of $301,050 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in London declined by $14,386 (4.6%) compared to the previous 30 day period (September 21 - October 20) and up $29,050 (10.7%) from the same time one year ago.Inventory Change
There were 16 1-bedroom condos listed in London over the last 30 days (October 21 - November 19), which is down 5.9% compared with the previous 30 day period (September 21 - October 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($6,230) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,194 decrease compared to the previous 30 day period (September 21 - October 20) and $20,000 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 1-bedroom condos in London over the last 30 days (October 21 - November 19) stood at 125.0%, up from 64.7% over the previous 30 days (September 21 - October 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in London stood at 39 days when successfully sold over the last 30 days (October 21 - November 19), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
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