1500 Richmond Street London Ontario
1500 Richmond Street London Ontario is an enclave of 142 townhouse condominiums, about 1 km away from The University of Western Ontario, on a bus route and a hop, step and a jump to Masonville Mall & other big box stores.
There is quite a range of designs and layouts with one-floor bungalow-style up to two-storey units with 3-4 bedrooms and single or double car garages. Condo Corporation # 260 is well managed by Dickenson Property Management 519-666-2332, and the condo fees in 2020 averaged $425.00 per month.
- In 2021, as of September 3, eight one floor 2 bedroom townhomes sold through MLS for 108.02% of the asking price and taking 7 days on the market to sell, the lowest being $509,000, the highest $676,000! (not a misprint!) Five 3-4 bedroom townhouses sold within 8 days and selling for an average 103.77% of the asking price, prices ranging from $535,000 to $599,000.
- In 2020, one sold for $400,000 and the other for $521,000, both averaging 14 days on the market and selling through MLS for a median 109.29% of the asking price.
For the previous year’s stats, go to the bottom of this page.
Please Note That We Are Not Property Managers, Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, Nor are we Rental Agents, We Are Realtors Who Help Buyers & Sellers.
Condo Living Explained
More and more Londoners are choosing to live in condominiums. Be they apartment-style, a townhouse or a townhome. Empty-nesters, singles, couples and families enjoy the freedom from routine maintenance like grass cutting, raking leaves, shovelling snow, in most cases, replacing roof shingles, windows or doors.
Owning a condominium in London, Ontario, includes sharing common areas with other residents and following by-laws and rules set by the condo corporation. It’s essential to understand how a condominium corporation is established and operates, so you know what to expect from condominium living.
Ownership Rights & Responsibilities
How Much Is Your Town Home Worth at 1500 Richmond Street in London Ontario?
I am amazed at all the web pages out there, you know the ones I mean, they offer free evaluations without even seeing your home or the “Free Home Evaluation Reports” cards we receive in our mailboxes or the dreaded cold call ” I have a buyer who is interested in buying your home.”
Really?
How can anyone value your home accurately without physically seeing your home thoroughly and doing the two to three hours of research necessary? Have you ever bought anything “at a ballpark price’? “A general price range?” “The market price?” After helping hundreds of buyers over the years buy homes, every house or condo my clients bought had a price; we never looked at homes without a price. Semantics aside, you deserve a price that a willing, qualified buyer will pay.
So, what is that price?
Home Evaluations The Right Way
- you let us know that you would like a no obligation, no cost valuation of your house or condo
- we will arrange a mutual time to meet
- we prepare before our meeting our research of prices, demographics and current market conditions.
- You will not have to sign anything or listen to blah blah blah stuff , malarky, posturing, showcasing or bs.
- when we get to your home,a quick introduction and a tour of your home.
- while doing the tour, we can prepare a room by room audit of the selling features or what you could do to help sell quicker or receive a higher price.
- when completed, sit down with you and adress your concerns, fears or the anxiety you may have about moving.
- leave with you our research and market reports and best practises to sell a home.
- within 24 hours we will get back to you with “The Price is Right”
- you then decide what you wish to do.
If you decide to utilize our research and apply our marketing tips, you’ll know how to price and sell your home for the fastest, most profitable sale. Also, with this information, you’ll never pay too much for any home you ever buy for the rest of your life.
For Prior Years Stats:
- In 2019, two 4 bedroom units sold, one for $340,000, the other $365,000. Two 2 bedroom units sold, one for $350,000 and the other $365,000 and two 3 bedroom units, one for $370,000 and the other for $409,900 with a median of 13 days to sell!
- In 2018, six units sold, from $294,900 to $385,000!
- In 2017, 11 units sold through our MLS system, from as low as $266,000 to $365,000
Please Note That We Are Not Property Managers, Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, Nor are we Rental Agents, We Are Realtors Who Help Buyers & Sellers.
What Improvements or Additions Can I Make to This Page?
Do you have any information or event that I could add to this page to help someone know more about this condo corporation?
I will gladly post any information or event on this page if I feel it will benefit the community; I will not post rumours or prejudices.
Please get in touch with me if you feel I can improve this page.
Thank you, Ty Lacroix Broker of Record