Apartment Condo For Sale in Downtown London Ontario

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Downtown London Ontario Apartment Condo, steps away from trendy Richmond Row, Budweiser Gardens, Harris and Victoria Parks, walking trails and great restaurants and shopping!

•  112 bath , 2 bdrm apartment “completely updated” – FOR SALE  CAD189,900 . Exceptional Value
MLS® 104273

Location, location and comfort, this downtown London Ontario ground floor 2 bedroom, 1 1/2 bathroom apartment is move in condition, with underground parking and a locker for storage.

High quality engineered flooring, modern kitchen cabinets, in unit laundry, even a freezer, 6 appliances in total! This updated building has a indoor salt water pool, exercise centre, whirlpool, sauna, a majestic lobby and oodles of guest parking.

Steps away from trendy Richmond Row, Budweiser Gardens, Covent Garden Market, restaurants and shopping and beautiful Victoria Park, Harris Park and the Thames River walking trails.

Check the price out, this unit is a true bargain! Condo fees include heat and water

Property information

Two Bedroom Condo For Sale Downtown London Ontario

two bedroom condo for sale downtown London Ontario

Historic Woodfield District

Two bedroom condo for sale downtown London Ontario in move in condition, minutes from trendy Richmond Row, furnished and move in condition, just bring your tooth brush. $162,900.
MLS® #595373

Property information

Condo For Sale London Ontario $119,900

  a beautiful updated 2 bedroom Mills landing condo apartment in a well maintained & managed property.

Freshly decorated in neutral tones, new kitchen and bathroom in November 2016, ceramic floors in kitchen & bathroom, laminate in living/dining room & hallways.

Lovely gas fireplace for economical heat and comfort in the living room and patio doors to the balcony.

6 appliances and window coverings are included with easy access to Veterans Memorial Parkway, shopping and on a bus route.Condo fees include water.

A great salt water pool is on the grounds and an exercise center in the building across.

The condo fees include water and with the combination gas fireplace and electric heat, hydro is around $100 per month!

Condo for sale London Ontario $119,900
Superb Condition

•  1 bath, 2 bdrm apartment – $119,900. Inexpensive Living
MLS® #594664

Property information

One Floor Houses and Condos London Ontario

One of the great things about London Ontario is that one floor house & condo prices are lower than most comparable cities in Ontario & Canada and the selection & styles available will fit most lifestyles!

one floor houses & condos London Ontario

Below is a chart showing home prices across Canada and you can see why more and more people are right sizing or downsizing to London.

 London Ontario & area affordability compared to other major Ontario and Canadian centres.

City Average Sale Price
Vancouver $906,469
Toronto $753,057
Fraser Valley $613,309
Victoria $585,889
Hamilton $514,681
Calgary $479,381
Kitchener-Waterloo $383,141
Edmonton $376,580
Montreal $370,812
Ottawa $362,035
Niagara $351,859
Saskatoon $350,368
Regina $316,713
Halifax-Dartmouth $312,684
London St. Thomas $287,175
Canada $476,219

From inexpensive apartment style, high end upscale apartment condos to one floor attached or detached condo homes, London has them.

There are bungalows, ranches and even back or side splits that may work for you.

From as low as $150,000 and up, you have choices. With the medical facilities, education, culture and recreation that London offers, and, the combination of lower house prices and living expenses, the London real estate market is quite vibrant!

Some Condos in London Ontario Take Longer to Sell

I get asked daily: “Why do some condos in London Ontario take longer to sell”? There are quite a few reasons but 90% of the time it is price or poor marketing!

A condo in London Ontario That Did not Sell

I keep track of condos in London that are for sale, how long it takes to sell( days on the market) and what percentage of the sale price to the asking price. What is the reason why some condos sell for 98%-99% of the asking price and are sold within 23 days and others receive 95-96% of the asking price, are on the market an average 77 days or do not sell at all?

 When a condo in London Ontario is not priced correctly the first day it goes on the market , here are the possible results:

  • LOW Final Sales Price – An overpriced condo, still on the market beyond the average selling time, usually leads to a lower selling price. To sell it, you will have to reduce the price, sometimes several times. In the end,you’ll likely get less than if it had been properly priced at the start.
  • Limited Buyers – Potential buyers may not view your condo, because it would be out of their buying range.
  • Limited Showings – Real estate agents may be reluctant to view your condo or bring their clients because the listing is stale and buyers wonder what is wrong with the place.
  • Wasted Time and Energy – For example, a buyer who gets a bank appraisal on an overpriced condo will quickly determine that they’ve wasted their time because the appraisal will not support the inflated sales price.

Weeks on Market For a Condo in London Ontario to Sell

  Well kept condos in London Ontario , properly priced when you first list it will always get you a quicker sale and  97% of the time the best price! 

Ty Lacroix A House Sold Name !

Selling a Condo in London Ontario? Do Not Allow This

I should caution you before you read anymore that the comments I am going to make are out of frustration and exasperation and are no means to imply that ALL real estate people who list condos in London Ontario are as inept as some of these were.

frustrated realto rin London

Being frustrated as a Realtor in London Ontario

My client’s were interested in downsizing from their 2 storey home in London and were interested in seeing 2 bedroom condo apartments in London Ontario  in this particular building all within $25,000 of each other in price. From $349,900 to $375,000.

We chose a Thursday for the viewings and so on Tuesday morning I proceeded to make arrangements for showings. Because we were interested in only this building, there were 6 listed for sale.

One agent replied within an hour that the time scheduled would be fine, another two replied the next morning and one in the afternoon that it was ok to show the units. As I had not heard from the other two, I called their offices and used our appointment scheduler called Touchbase. One called back right away and said she was sorry, she forgot to confirm.

The other agent I never ever did hear from, even after 3 attempts and I see, 2 weeks later, that this condo is still listed for sale.

The evening before the scheduled showings, I did some homework. I pulled up everything that was sold in the building over the last 2 years, called a past client (who had purchased from me years ago) in the building and enquired about how happy she was, any complaints, how was the property manager, how solid the condo corporation was and other pertinent questions that would enable me to inform my clients on the condo culture of this building.

I pulled up the current taxes from the city for the units and only 1 out of 6 were accurate as per what was shown on the listing data form! I don’t mean by a few dollars, in one case $1732.00 difference!

The condo fees shown for all 6 units had a difference of $131.16! How can that be? Subsequently checking on things and talking to the Property Manager, the difference in fees were about $7.00 per floor! Only one condo unit had the accurate current condo fee.

Fair is fair, I thought, mistakes happen and I will be putting in clauses if my client does decide to put an offer in to verify all condo fees, taxes and any other discrepancies.

On the day of the showings, I meet my clients in the lobby where lock boxes are that hold the keys for entrance to the building and individual units. My day is not starting out well, there are 9 lock boxes and only one is identified with the unit number! Opening up a few, there were some keys tagged with the unit # but some weren’t! My male client thought this was funny or was laughing at me because I only have 4 pockets on my pants and could only keep track of 4; he had 4 pockets as well so he helped!

A couple of the units we saw were as per the listing data, appliances, room sizes and amenities, one unit was a disgrace, one unit the occupant would not let us in (nobody told me you were coming, she said) and 2 units were out to lunch in price.

So now we get back down to the lobby, play Russian roulette with the keys and lockboxes and say to my clients “ Well, what do you think?” with a straight face, I might add.

Other than the usual comments like poor layout, overpriced compared to others, condition of the units, my clients just kept shaking their heads and asking themselves is this what they want to do?

Obviously, they did not purchase anything that day but one week and 2 buildings later, they purchased a beautiful unit that they and I liked really well. They now know and my past clients know why I choose to work with just a few buyer clients at a time because having to prepare properly before every showing because of lack of faith in the listing data, is time consuming and for the buyer, creates a bit of mistrust in the MLS listing.

Again, I want to re-iterate that not all real estate agents were like some of the above and if you do list a condo in London Ontario, check weekly that the information on the listing is accurate. For two reasons, to ease the uncertainly of the buyer and prevent you from being taken to court for false information.