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Property Description
Welcome to The Colborne Centre. This 2 bedroom, 2 bathroom unit is sure to impress. The bright, open, contemporary design will leave a lasting impression. Cook in this chef's kitchen with quartz countertops, designer backsplash, newer cupboards with high quality hardware, a top-of-the-line range hood and fresh stainless steel appliances overlooking the skyline. The large windows in the living area, bring a lot of natural light into the dining area, kitchen and hallways. Enjoy the peaceful ambiance on the 25th floor high up in the sky away from the noise. New windows and sliding door in main living area and bedroom! In-suite laundry area includes newer appliances, water heater and flooring, all concealed with a space-saving barn door. Down the hallway wing sits a fresh 4pc bathroom with newer vanity, toilet and fixtures. The Master Suite is a great size which can fit a king sized bed and lots of other furniture. The ensuite has recently been completely renovated with porcelain tile flooring, tiled, glass walk-in shower and all new vanity, toilet and lighting. Another secondary bedroom is fit for guest room, an office or both! This unit has been updated with high quality materials and workmanship. This gorgeous unit is one of the nicest in the building, high up and over looking the city with unobstructed views in the heart of downtown London. The amenities here are plenty including a heated indoor pool, sauna, hot-tub, tennis, gym and much more...Don't miss out on luxury living in the downtown core.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-03-29 | 2022-04-15 | 17 | $425,000 | $475,000 | Sold |
| 2018-10-16 | 2018-11-07 | 22 | $229,900 | $229,900 | Sold |
| 2003-01-10 | 2003-02-17 | 40 | $104,900 | $101,000 | Sold |
Property Features
Library, Park, Public Transit, Rec Centre, River/Stream, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,455 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 10.73' x 6.99' | |
| Kitchen | Main | 11.09' x 7.94' | |
| Living | Main | 24.15' x 12.80' | |
| Dining | Main | 15.26' x 7.97' | |
| Br | Main | 12.70' x 10.27' | |
| Br | Main | 17.59' x 10.10' | |
| Bathroom | Main | 6.56' x 7.12' | |
| Bathroom | Main | 4.56' x 8.07' | |
| Laundry | Main | 4.56' x 5.31' |
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London Market Statistics
London Price Trend
323 Colborne St 2501 is a 2-bedroom 2-bathroom condo listed for sale at $424,900, which is $23,354 (5.8%) higher than the average sold price of $401,546 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $3,223 (0.8%) compared to the previous 30 day period (July 17 - August 15) and down $114,404 (22.2%) from the same time one year ago.Inventory Change
There were 63 2-bedroom condos listed in London over the last 30 days (August 16 - September 14), which is up 57.5% compared with the previous 30 day period (July 17 - August 15) and up 950.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($5,048) (1.3%) below asking price over the last 30 days (August 16 - September 14), which represents a $5,021 increase compared to the previous 30 day period (July 17 - August 15) and ($7,500) more 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 (August 16 - September 14) stood at 50.8%, down from 1,312.5% over the previous 30 days (July 17 - August 15) and up from 33.3% 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 42 days when successfully sold over the last 30 days (August 16 - September 14), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
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