7 Picton St 204

East F, London, N6B 3N7
FOR SALE
$469,000
7 Picton St 204, London
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9508704
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Property Description
**FULLY RENOVATED** This 1,290 square foot condo unit offers 2 extra large bedrooms, 2 full baths, an open concept living and dining room with fireplace and a partially open kitchen. All perfect for quiet living or entertaining family and friends. Transformed to 2024 standards with wide plank laminate floors throughout, tile floors in the bathrooms, light paint colour for brightness, pot lights throughout, new kitchen countertops and stainless steel appliances, and both bathrooms overhauled. Your primary bedroom features a walk in closet with the ensuite. Your 2nd bedroom also offers a cheater ensuite which is perfect for a child, roommate, or overnight guests. This corner unit has plenty of windows offering an incredible amount of natural day light. Condo fees include the building maintenance, water, exercise room, pool, and upper party room. Close to all amenities downtown and in the best and most maintained area of downtown being just steps away from city hall and Victoria Park.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-11 2020-03-16 5 $259,900 $260,000 Sold
2006-08-29 2006-11-09 73 $189,900 $186,000 Sold
2006-06-27 2006-05-05 -53 $192,900 - Terminated
Property Features
Library, Park, Place Of Worship, Public Transit, School, School Bus Route
Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,011 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive (2)
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BathroomMain8.01' x 7.35'3 Pc Ensuite
BathroomMain7.91' x 4.92'4 Pc Bath
BrMain10.93' x 15.85'
BreakfastMain7.74' x 10.40'
DiningMain10.93' x 8.66'
FoyerMain8.66' x 8.17'
KitchenMain8.92' x 7.68'
LivingMain21.82' x 13.85'
Prim BdrmMain17.49' x 12.50'
London Market Statistics
London Price Trend
7 Picton St 204 is a 2-bedroom 2-bathroom condo listed for sale at $469,000, which is $21,229 (4.7%) higher than the average sold price of $447,771 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $82,459 (22.6%) compared to the previous 30 day period (September 1 - September 30) and up $132,771 (42.1%) from the same time one year ago.
Inventory Change
There were 69 2-bedroom condos listed in London over the last 30 days (October 1 - October 30), which is up 6.2% compared with the previous 30 day period (September 1 - September 30) and up 1,050.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($13,999) (3.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,613 decrease compared to the previous 30 day period (September 1 - September 30) and ($14,900) 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 (October 1 - October 30) stood at 40.6%, up from 36.9% over the previous 30 days (September 1 - September 30) and up from 16.7% 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 1 - October 30), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Centre City Realty Inc.
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