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Property Description
Nestled in a highly sought-after building, this spacious one-floor condo offers the perfect blend of comfort and convenience. Featuring two generous bedrooms and two full bathrooms, this home boasts a bright and airy living/dining area, perfect for entertaining or relaxing. The fantastic solarium provides endless possibilities - whether you dream of a cozy reading nook, a productive home office, or a lush plant sanctuary. One of the standout features of this condo is the incredible year-round view of the Thames River, offering a picturesque backdrop in every season. Additional highlights include a walk-in closet, gas furnace, central air conditioning, and the convenience of in-suite laundry. Residents enjoy access to amenities, including a gym, library, and games room, all within a well-managed, smoke-free building. Ideally situated, this condo is just steps from picturesque walking trails along the river and Springbank Park, offering the perfect escape into nature. Plus, you're only minutes from downtown London, shopping (including Costco), fantastic restaurants, University Hospital, and convenient bus routes. Don't miss your chance to call this exceptional condo - home schedule your viewing today!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,690 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Main | 5.35' x 7.94' | 3 Pc Ensuite |
Bathroom | Main | 4.92' x 8.01' | 4 Pc Bath |
Br | Main | 9.71' x 11.55' | |
Dining | Main | 9.65' x 12.66' | |
Kitchen | Main | 11.22' x 7.94' | |
Living | Main | 10.33' x 17.59' | |
Prim Bdrm | Main | 10.93' x 19.16' | W/I Closet, Ensuite Bath |
Sunroom | Main | 10.53' x 6.14' | |
Utility | Main | 3.58' x 7.84' | |
Other | Main | 5.74' x 7.97' | W/I Closet |
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London Market Statistics
London Price Trend
521 RIVERSIDE Dr 506 is a 2-bedroom 2-bathroom condo listed for sale at $399,900, which is $55,515 (12.2%) lower than the average sold price of $455,415 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $4,250 (0.9%) compared to the previous 30 day period (December 22 - January 20) and up $292,398 (179.4%) from the same time one year ago.Inventory Change
There were 70 2-bedroom condos listed in London over the last 30 days (January 21 - February 19), which is up 55.6% compared with the previous 30 day period (December 22 - January 20) and up 3,400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($8,330) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,524 increase compared to the previous 30 day period (December 22 - January 20) and ($2,896) 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 (January 21 - February 19) stood at 18.6%, down from 77.8% over the previous 30 days (December 22 - January 20) and down from 269,800.0% 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 49 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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