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Property Description
Nestled in a highly sought-after location, this beautifully updated property offers unparalleled convenience with quick access to downtown, scenic trails, Springbank Park, and is just moments away from Western University, St. Joseph's Hospital, and numerous shopping. This bright and airy unit features 2 generously sized bedrooms and 2 bathrooms, providing ample space for comfort and relaxation. Recently refreshed with new paint and brand-new laminate flooring offering Carpet free living, the condo feels fresh and inviting. The spacious primary bedroom includes a private ensuite, while the open-concept kitchen, featuring brand-new stainless steel appliances (2024), upgraded Maple cabinets, and a seamless flow into the living and dining areas perfect for entertaining. Additional highlights include the convenience of in-suite laundry, a new gas furnace, and air conditioning system (installed in 2022), ensuring year-round comfort. The building offers controlled entry, a secure underground parking spot, ample outdoor parking, From the unit, enjoy breathtaking views of the lush, tree-lined river and park, making this a truly tranquil and desirable place to call home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2006-10-04 | 2007-03-31 | 178 | $154,900 | - | Expired |
| 2005-08-24 | 2005-11-30 | 99 | $159,900 | - | Expired |
| 2005-12-02 | 2006-02-17 | 78 | $159,900 | $154,500 | Sold |
Property Features
Golf, Park, Public Transit, River/Stream, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,423 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.01' x 10.99' | Open Concept |
| Living | Main | 12.50' x 20.01' | Combined W/Dining |
| Prim Bdrm | Main | 10.99' x 12.99' | |
| 2nd Br | Main | 9.42' x 10.01' | |
| Other | Main | 6.66' x 8.99' |
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London Market Statistics
London Price Trend
521 Riverside Dr 209 is a 2-bedroom 2-bathroom condo listed for sale at $426,500, which is $7,534 (1.7%) 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 Re/Max Twin City Realty Inc.
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