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Property Description
Experience breathtaking views every day from this stunning penthouse on the 7th floor of The Riverside Club! This immaculate 2-bedroom, 2-bathroom condo was fully renovated in 2022 and 2023 and is move-in ready. Featuring high ceilings, a pristine white kitchen, bright and spacious living and dining areas, and a walk-in storage room. The primary bedroom includes a 2-piece ensuite, while the second bedroom is serviced by a 4-piece bath. Enjoy the convenience of in-suite stackable laundry, gas furnace, and central air. The unit comes with quality blinds, all appliances, and one secured underground parking spot, plus ample visitor parking. Condo amenities include a gym, library, and games room. Ideally located across from the Thames River with access to walking trails, bike paths, shopping, and bus routes, and just minutes from downtown. Condo fees include water. A very clean and well-maintained unitdont miss this opportunity!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2017-10-27 | 2017-12-28 | 64 | $1,500 | - | Expired |
2021-11-03 | 2021-11-09 | 5 | $399,900 | $440,000 | Sold |
2018-01-12 | 2018-01-24 | 17 | $1,350 | $1,350 | Leased |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,383 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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London Market Statistics
London Price Trend
521 Riverside Dr 709 is a 2-bedroom 2-bathroom condo listed for sale at $459,900, which is $25,866 (6.0%) higher 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 Blue Forest Realty Inc.
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