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Property Description
Welcome to Unit 302 at 480 Callaway Road in London, Ontario. This stunning property offers a spacious 1055 square feet of living space plus a 150 square feet terrace with a great view. Features include: - 1 bedroom with 1 large den - In-suite laundry for added convenience - Cozy fireplace for those chilly evenings - Spacious bedroom with walk-in closet and access to a luxurious 5-piece bathroom - Enjoy a range of amenities including a golf simulator room, fitness room, party room, guest suite, and pickleball court - Conveniently located near trails, malls, bus stations, university, and hospital Don't miss out on this fantastic opportunity to own a beautiful property with great amenities and a prime location. Schedule a viewing today!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,967 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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London Market Statistics
London Price Trend
480 Callaway Rd 302 is a 1-bedroom 1-bathroom condo listed for sale at $589,990, which is $242,015 (69.5%) higher than the average sold price of $347,975 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom condo in London increased by $11,725 (3.5%) compared to the previous 30 day period (March 3 - April 1) and up $27,975 (8.7%) from the same time one year ago.Inventory Change
There were 12 1-bedroom condos listed in London over the last 30 days (April 2 - May 1), which is up 140.0% compared with the previous 30 day period (March 3 - April 1) and up 1,100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($6,541) (1.9%) below asking price over the last 30 days (April 2 - May 1), which represents a $10,933 increase compared to the previous 30 day period (March 3 - April 1) and ($8,500) 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 1-bedroom condos in London over the last 30 days (April 2 - May 1) stood at 100.0%, up from 80.0% over the previous 30 days (March 3 - April 1) and down from 100.0% 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 28 days when successfully sold over the last 30 days (April 2 - May 1), compared to 34 days before being removed from the market upon being suspended or terminated.Listing contracted with Skylette Marketing Realty Inc.
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