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Property Description
Easy one-floor living in popular West London! Don't miss your unique chance to live in a quiet, well-managed and highly sought-after 16-unit condo complex where units rarely come up for sale. Conveniently located near shopping, restaurants and green spaces, this spacious and bright end unit single-level condo features 2 generous bedrooms, 2 full bathrooms and a convenient main floor laundry. Enjoy the sparkling new professional paint job, the warmth of hardwood floors in the expansive and bright living and dining areas, along with the bonus of an attached garage and ample visitor parking. The king-sized primary bedroom includes a large ensuite and a walk-in closet, while the unfinished basement offers a roughed-in bath and endless potential for additional living space or all the storage space you need. The eat-in kitchen with garden doors opens to a fenced yard with a private patio, perfect for relaxing or entertaining. This pretty landscaped home is ideal for empty nesters, downsizers, snowbirds, or busy families seeking maintenance-free, comfortable living. Quick possession available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-21 | 2024-11-20 | 92 | $475,000 | - | Expired |
| 2008-08-26 | 2008-11-26 | 92 | $202,500 | - | Expired |
| 2014-01-29 | 2014-02-18 | 20 | $1,150 | $1,150 | Leased |
| 2009-03-12 | 2009-04-17 | 37 | $194,900 | $190,000 | Sold |
| 2006-07-19 | 2006-08-10 | 27 | $189,900 | $185,000 | Sold |
| 2014-05-07 | 2014-07-08 | 62 | $1,200 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Bungalow
Approximate Sq.Ft.
1200-1399
Taxes
$3,445 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 21.85' x 12.83' | Combined W/Living |
| Kitchen | Main | 8.86' x 20.64' | Eat-In Kitchen |
| Br | Main | 10.70' x 9.91' | |
| Br | Main | 10.99' x 18.67' | |
| Bathroom | Main | 4.99' x 8.83' | 4 Pc Bath |
| Bathroom | Main | 9.15' x 4.86' | 4 Pc Bath |
| Other | Bsmt | 23.43' x 31.30' | 4 Pc Bath |
| Utility | Bsmt | 20.37' x 19.98' |
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London Market Statistics
London Price Trend
515 Proudfoot Lane 1 is a 2-bedroom 2-bathroom townhome listed for sale at $475,000, which is $64,673 (12.0%) lower than the average sold price of $539,673 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom townhome in London declined by $34,016 (5.9%) compared to the previous 30 day period (September 24 - October 23) and down $40,327 (7.0%) from the same time one year ago.Inventory Change
There were 24 2-bedroom townhomes listed in London over the last 30 days (October 24 - November 22), which is down 35.1% compared with the previous 30 day period (September 24 - October 23) and up 380.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in London typically sold ($10,591) (2.0%) below asking price over the last 30 days (October 24 - November 22), which represents a $977 increase compared to the previous 30 day period (September 24 - October 23) and ($5,000) 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 2-bedroom townhomes in London over the last 30 days (October 24 - November 22) stood at 108.3%, up from 64.9% over the previous 30 days (September 24 - October 23) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in London stood at 42 days when successfully sold over the last 30 days (October 24 - November 22), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
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