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Property Description
Enjoy the best of downtown London in this Prime location on Richmond Row. Walk to restaurants, shops, parks, trails, The Grand Theatre, Budweiser Gardens, work & so much more. Access to public transit just outside the building including a direct bus route to Western University. This is a 2 bedroom, 2 full bathroom corner unit with great westerly views of amazings unsets.This unit layout is an open dining & living room floor plan. Private laundry in the suite. Building features include a security controlled entry with 24 hr on-site concierge, underground parking, party/study room, indoor pool, whirlpool & sauna. Quick possession is available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-09-21 | 2022-11-22 | 62 | $499,900 | - | Expired |
| 2022-06-21 | 2022-09-20 | 91 | $499,900 | - | Expired |
| 2022-09-21 | 2022-11-22 | 62 | $499,900 | - | Expired |
| 2022-06-21 | 2022-09-20 | 91 | $499,900 | - | Expired |
| 2004-08-31 | 2004-10-31 | 62 | $1,500 | - | Expired |
| 2002-05-29 | 2002-05-31 | 4 | $134,000 | $133,000 | Sold |
| 2004-11-08 | 2004-12-31 | 59 | $1,500 | $1,300 | Leased |
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$2,880 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 6.10' x 5.61' | |
| Bathroom | Main | 7.84' x 5.02' | |
| Br | Main | 13.88' x 9.65' | |
| Dining | Main | 9.65' x 17.65' | |
| Foyer | Main | 12.73' x 9.28' | |
| Kitchen | Main | 9.09' x 7.91' | |
| Living | Main | 10.33' x 17.62' | |
| Prim Bdrm | Main | 16.17' x 14.60' | |
| Other | Main | 8.46' x 3.28' |
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London Market Statistics
London Price Trend
695 RICHMOND St 1105 is a 2-bedroom 2-bathroom condo listed for sale at $419,900, which is $18,354 (4.6%) higher than the average sold price of $401,546 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $3,223 (0.8%) compared to the previous 30 day period (July 17 - August 15) and down $114,404 (22.2%) from the same time one year ago.Inventory Change
There were 63 2-bedroom condos listed in London over the last 30 days (August 16 - September 14), which is up 57.5% compared with the previous 30 day period (July 17 - August 15) and up 950.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($5,048) (1.3%) below asking price over the last 30 days (August 16 - September 14), which represents a $5,021 increase compared to the previous 30 day period (July 17 - August 15) and ($7,500) more 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 (August 16 - September 14) stood at 50.8%, down from 1,312.5% over the previous 30 days (July 17 - August 15) and up from 33.3% 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 42 days when successfully sold over the last 30 days (August 16 - September 14), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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