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Property Description
Welcome to Kai, in London's new Jackson Meadow Community. This community embodies Ironstone Building Company's dedication to exceptionally built homes and quality you can trust. These two storey townhome condominiums are full of luxurious finishes throughout, including engineered hardwood, quartz countertops, 9ftceilings, elegant glass shower with tile surround and thoughtfully placed pot lights. All of these upgraded finishes, along with a fully finished basement, are included in the purchase. The desired location offers peacful hiking trails, easy highway access, convenient shopping centres, and a family friendly neighbourhood.
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Property Features
Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
2000-2249
Basement
Finished
Exterior
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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London Market Statistics
London Price Trend
540 Gatestone Rd is a 3-bedroom 4-bathroom townhome listed for sale at $599,777, which is $143,200 (31.4%) higher than the average sold price of $456,577 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom townhome in London declined by $34,258 (7.0%) compared to the previous 30 day period (July 20 - August 18) and down $22,981 (4.8%) from the same time one year ago.Inventory Change
There were 102 3-bedroom townhomes listed in London over the last 30 days (August 19 - September 17), which is up 39.7% compared with the previous 30 day period (July 20 - August 18) and up 580.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($10,541) (2.3%) below asking price over the last 30 days (August 19 - September 17), which represents a $2,508 decrease compared to the previous 30 day period (July 20 - August 18) and ($3,383) 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 3-bedroom townhomes in London over the last 30 days (August 19 - September 17) stood at 54.9%, down from 1,172.6% over the previous 30 days (July 20 - August 18) and down from 80.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in London stood at 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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