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Property Description
A perfect investment property to start or add to your investment portfolio. This rental property is leased for $2,100 plus utilities which generates $25,200 annually. Let your mortgage payments be mostly covered with the monthly rental income. Do not miss this investment opportunity! This popular Pond Mills condominium community invites you to consider this impeccable 2 bedroom, 1 bathroom 3rd floor unit for sale. Updated kitchen with stainless steel appliances, tile floors, subway tiled backsplash and new counters makes preparing meals fun. The dining and living area are open and bright with natural light pouring in through patio doors leading to your balcony tat is brand new replaced. Neutral tones and updated finishes throughout this tidy condominium unit make it turnkey and perfect for first time home buyers and those looking to downsize to one level. Low condominium fees ($421.74) and low maintenance. Easy access to shops, schools, restaurants, public transit, major routes and parks, this location is ideal and also great for commuters as it is fast access to Highway 401. **EXTRAS** This apartment was rented for $2,200 plus utilities and it is a great rental investment opportunity as well and not just a perfect home for you and your family. Show with love and care.
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Property Features
Grnbelt/Conserv, Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,465 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Parking Spaces
1
Parking 1
Common
Garage Type
Surface
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 6.66' x 8.43' | Tile Floor, Stainless Steel Appl, Combined W/Dining |
Dining | Main | 10.27' x 8.92' | Tile Floor, Open Concept, O/Looks Living |
Living | Main | 11.68' x 15.26' | , Open Concept, Balcony |
Prim Bdrm | Main | 10.93' x 13.75' | |
2nd Br | Main | 9.91' x 13.75' | |
Bathroom | Main | 4.99' x 7.55' | Tile Floor, 3 Pc Bath |
Laundry | Main | 9.68' x 4.43' | , Ensuite Bath |
Foyer | Main | 5.35' x 8.92' |
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London Market Statistics
London Price Trend
733 Deveron Cres E 304 is a 2-bedroom 1-bathroom condo listed for sale at $364,900, which is $90,515 (19.9%) lower than the average sold price of $455,415 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $4,250 (0.9%) compared to the previous 30 day period (December 22 - January 20) and up $292,398 (179.4%) from the same time one year ago.Inventory Change
There were 70 2-bedroom condos listed in London over the last 30 days (January 21 - February 19), which is up 55.6% compared with the previous 30 day period (December 22 - January 20) and up 3,400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($8,330) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $14,524 increase compared to the previous 30 day period (December 22 - January 20) and ($2,896) 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 (January 21 - February 19) stood at 18.6%, down from 77.8% over the previous 30 days (December 22 - January 20) and down from 269,800.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in London stood at 49 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
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