750 KIPPS Lane 306

East A, London, N5Y 4R9
FOR SALE
$299,990
750 KIPPS Lane 306, London
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
750 KIPPS Lane 306
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X12016697
MLSID
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Property Description
Excellent value in this spacious, well kept, 2 Bedroom, 1 Bath condo situated in the quiet Carling neighborhood of East London. Featuring: bright, neutral decor, updated flooring , spacious living room opens onto a sizable Eastern-facing balcony through a sliding door, providing a perfect outdoor balcony. Modern kitchen with white shaker style cabinets, ample counter space, backsplash, and stainless steel appliances. The bathroom has a tiled tub/shower, and an updated vanity and mirror. The property offers low condo fees and property taxes. On-site property management staff for hassle free living, on-site laundry facilities, underground resident parking, and surface visitor parking. Conveniently located steps from public transit, few minutes to veterans memorial parkway leading to Hwy 401, UWO, fanshawe college, Masonville mall , schools, park and amenities . Great affordable option for first time buyers or retirees.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-02 2024-02-15 75 $314,900 $289,500 Sold
2023-12-02 2024-02-15 75 $314,900 $289,500 Sold
2023-12-02 2024-02-15 75 $314,900 $289,500 Sold
2023-12-02 2024-02-15 75 $314,900 $289,500 Sold
Property Details
Community
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
900-999
Taxes
$1,500 (2024)
Basement
None
Exterior
Brick
Heat Type
Baseboard
Heat Source
Other
Air Conditioning
None
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BathroomMain10.40' x 4.92'
BrMain10.99' x 13.16'
DiningMain7.68' x 8.60'
KitchenMain7.51' x 7.68'
LivingMain12.07' x 20.08'
Prim BdrmMain10.50' x 16.24'
London Market Statistics
London Price Trend
750 KIPPS Lane 306 is a 2-bedroom 1-bathroom condo listed for sale at $299,990, which is $155,425 (34.1%) 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 Supermax Realty Inc.
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