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Property Description
Welcome to unit 602 - 7 Picton St., located in the desirable King's Court building. This unit is great for first time home buyers, downsizers or an investment property. It offers a large open concept living/dining room, kitchen, spacious master bedroom with walk thru closet and 4pc ensuite. An additional 4pc bath, den (could be converted to an additional bedroom) and laundry/storage area. The well maintained, quiet building includes indoor pool, entertainment room, gym, rooftop gardens with loungers & a BBQ. Exclusive underground parking space included.Location can't get much better, located downtown, close to Western University and Victoria Park. Walking distance to numerous amenities.
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Property Features
Library, Park, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,675 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Main | 4.82' x 8.07' | 4 Pc Bath |
Bathroom | Main | 7.41' x 7.41' | 4 Pc Ensuite |
Br | Main | 18.18' x 10.76' | |
Dining | Main | 11.52' x 15.68' | |
Den | Main | 9.15' x 11.75' | |
Foyer | Main | 12.83' x 5.58' | |
Kitchen | Main | 9.91' x 7.84' | |
Laundry | Main | 4.92' x 10.50' | |
Living | Main | 21.82' x 11.91' |
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London Market Statistics
London Price Trend
7 Picton St 602 is a 1-bedroom 2-bathroom condo listed for sale at $339,000, which is $37,950 (12.6%) higher than the average sold price of $301,050 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in London declined by $14,386 (4.6%) compared to the previous 30 day period (September 21 - October 20) and up $29,050 (10.7%) from the same time one year ago.Inventory Change
There were 16 1-bedroom condos listed in London over the last 30 days (October 21 - November 19), which is down 5.9% compared with the previous 30 day period (September 21 - October 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($6,230) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,194 decrease compared to the previous 30 day period (September 21 - October 20) and $20,000 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 1-bedroom condos in London over the last 30 days (October 21 - November 19) stood at 125.0%, up from 64.7% over the previous 30 days (September 21 - October 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in London stood at 39 days when successfully sold over the last 30 days (October 21 - November 19), compared to 88 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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