240 Villagewalk Boulevard London Ontario
240 & 260 Village Walk Boulevard London Ontario are two highrise apartment condo buildings in North London with one, two and three bedroom quality condo apartments.
Welcome to the 240 & 260 Village Walk Boulevard London Ontario real estate page! 240 is Village North 1; these are two upscale apartment condominium buildings facing Sunningdale Road West, a little from the corner of Sunningdale & Richmond Street North and about two kilometres northwest of Masonville Mall & The University of Western Ontario. Joined is 260 Village Walk Blvd (Village North ll)
These two quality buildings have a fitness centre, indoor pool, billiards room, theatre, lounge and underground parking. The heating and cooling systems are through a centralized gas-fired boiler and water cooling method; heat is included in the condo fees.
The buildings have a mixture of one bedroom plus den and range between 1051-1111 sq. ft. Two bedrooms plus den are 1402-1804 sq. ft.
240 & 260 Village Walk Sales History
240 Village Walk Stats:
As of December 8, 2022, eleven apartment condos have been sold year-to-date. Seven two-bedroom apartments with prices ranging from $550,000 to $865,000, which was $467.00 per square foot. These took, on average, five days to sell through MLS for 104.55% of the asking price. Three one-bedroom units sold, ranging from $620,000 to $682,000, with the average price per square foot being $598.00. A three-bedroom penthouse sold for $1,075,000.
- In 2021, four one-bedroom apartment condos sold for 102.51% of the asking price, averaging seven days to sell, from $399,900 to $549,900, the median selling price per square foot was $471.00!
- Eleven 2-bedroom apartment condos at 240 Villagewalk sold for 99.66% of the asking price, taking an average of 16 days on the market to sell for a median square foot price of $383.00 with prices ranging from $560,000 to $627,000. One 3-bedroom apartment sold for $690,000.
260 Village Walk Stats:
As of December 8, 2022, sixteen apartment condos were sold year-to-date. Fourteen two-bedroom units with prices ranging from $630,000 to $1,075,000, and the average price per square foot was $508.00! These selling prices were 105.64% of the asking price and, on average, sold within twelve days. Two one-bedroom apartments sold, one for $615,000, the other for $620,000 and the average price per square foot for a one-bedroom was $570.00.
- In 2021, seventeen apartment condos sold at 260 Village Walk Blvd. For four one-bedroom apartments from $526,000 to $551,000, taking 15 days or less to sell, the average price per square foot for a one-bedroom apartment condo at 260 Villagewalk was $490.00. Thirteen two-bedroom apartment condos at 260 Village walk sold, from $555,00 to $875,000, averaging 21 days on the market and selling for 100.69% of the asking price. The median price per square foot was $412.00.
- If you are curious what the previous years’ stats were, go to the bottom of this page and there they are!
Apartment Condo Buyer 101 London Ontario
How Often Do You Hear Yourself Saying: “No, I Haven’t Read It: I’ve Been Meaning To!”
Most condo buyers , be it a townhouse, townhome or apartment condo, only think about price, style and location. For most, buying a condo in London, Ontario & the area can be an emotional roller coaster! It comes with many details, and some buyers may get caught up in the excitement and tend to overlook a few things.
Over the years, through experience working with hundreds of buyers and sellers in London Ontario we have been able to help clients overcome the conflicting misinformation about real estate and apply sound common sense so that our clients are assured they are making great decisions and avoiding emotional overzealousness to buy!
If you spend hundreds of thousands of dollars on a home in London, Ontario, and whether you are a first-time buyer or buying your 5th, a few minutes of informed insights will be well worth your time.
Below are 6 of 22 reports or videos we have prepared to help our clients make prudent decisions!
What price do you offer a seller? Is the seller’s asking price too high? Is it ideal? Without research on the market and comparable homes, you are bidding blind. A professional Realtor who represents you should offer an unbiased opinion on a home’s value based on market conditions and the house and neighbourhood conditions. I said it should, but how would you know if it is unbiased, what comparables are used, and in what time frames? Without this knowledge, you could quickly bid too much or miss out on a great buying opportunity. Why? There are ten other great tips in this report.
Buying a condo in London, Ontario, be it an apartment, a townhouse, or a townhome, takes much more care than purchasing a house. The reason is that due diligence is required to understand the condominium corporation’s bylaws, financial status, rules and regulations, and by-laws! These notes will give you several helpful, straightforward tips for buying a condo in London, plus answers to a condo corporation and valuable links.
Many other professionals or non-professionals are involved in your real estate transaction. An excellent, thorough Realtor will ensure you are working with qualified professionals.
The purchaser’s lawyer’s purpose is to protect you, the purchaser, throughout the transaction and ensure that you obtain a good title to your new property. The purchaser’s lawyer also represents your mortgage lender’s interests in preparing and registering the mortgage documents—tips on what to ask a lawyer.
There are several reasons for having a home inspection, but the most compelling reason is that the inspector looks at the property differently than a purchaser.
- The job is to look for significant problems visible on the home inspection day to help you reduce your risk.
2. A good home inspector will also educate you on operating your home’s systems.
3. A great Home Inspector will explain how to solve the problems found that day, giving you enough information to make the right buying decision with everything you have learned.
What is a home inspection, how to choose a home inspector & what to be careful about?
What do all these real estate words mean? Learn a few; never will a lawyer, Realtor, economist, mortgage lender, politician or hairdresser ever confuse you again!
Do You Feel You Know Everything There Is To Know About Buying A Condo?
Most wing it or have any Realtor show a few and then buy one. Sounds foolish and not too wise, yet, that is what most do.
How much would you save in money, stress or issues if you knew about the following? Below are a few topics we cover with our condo buyer clients.
- Four Fears Most Condo Buyers Have & How to Respect Those Fears & Handle Them?
- Four Important Questions to Ask Your Mortgage Lender Before You Sign Anything.
- I’m The One Buying the Condo Who Are All the Other People Who Get Involved, and why?
- When I Buy a Condo, How Can I Protect Myself? Before & After?
- New or Resale, What You May Not Know.
- Why You Shouldn’t Buy a Car or Furniture Right Before You Buy a Condo.
- Five Strategies to Never Ever Overpay for a Condo.
- Getting a Home Inspection for a Condo? Do I Need One?
- How Credit Reports and Credit Scoring Affects What Dolar Amount You Can Borrow.
- What Pricing Strategies Are Sellers & Their Realtor Using to Get You to Buy?
- A Proven Way to Avoid Frustration When Looking for Condos in London, Ontario & Area.
- How Can I Remember Each Condo When I’ve Seen So Many?
- Five Questions You Should Ask Your Realtor at Every Condo You Visit.
- Six Things Most Builders Hope You NEVER Hear.
- 8 Signs That Could Mean Expensive (hidden) Trouble
- Avoid Being Beaten Out by Other Buyers Who Want the Same Condo as You Do.
- A No-Fail Guide to Finding A Mover That Won’t Take You To The Cleaners.
- Ways You Can Save Thousands of Interest Dollars and Pay Your Mortgage Off Years Sooner.
- Why Just Any Lawyer Will Not Do
- How Important Is a Status Certificate? Why Do I Need One? Who Pays for It?
As you can see, we do not leave any stone unturned when it comes to helping our clients BEFORE they buy. You can imagine then what we do when viewing condos, negotiating a sale, and the hundreds of details after an agreement of purchase is made until the move-in date!
I can be reached at 519-435-1600 or by email.
Thinking About Selling!
Below are some helpful tips, money-saving ideas and home seller strategies to help you sell your home quicker, for more money and be stress-free! The procedures below are from my experience selling hundreds of homes successfully in London Ontario, and the area.
If you don’t read any further, remember these 14-words: get as many qualified buyers to see your home for sale! How to Get More Buyers to See Your Home
In today’s market, buyers are increasingly savvy. This means the competition is stiff! That means that your home will sell at the highest profit and in the quickest amount of time when all the ingredients are combined correctly. If only one element is left out of the formula or is out of proportion to the others.
Every apartment or townhouse owner I have ever met wants their condo to sell for as much as they can. That’s understandable and it’s not luck that makes that happen, it’s applying proven strategies, marketing and experience that will encourage condo buyers in London to reach for their chequebooks!
Here are eleven from our 156-step condo seller plan when selling a condo.
Here are 50 inexpensive things you can do to enhance the value of your house or condo. Time and time again, when I show homes or list them, some or all of these tips would have dramatically sped up the sale or received more money. Over the years, I have found that the little things a buyer sees may be the stumbling block in making an offer on your home. You have one chance of making an excellent first impression when a buyer walks into your home; try one or ten of these, and you will sell quicker and, in most cases, receive more money!
Here’s an informative guide to help you realize the most profit from your home and perhaps avoid costly repair rip-offs. Each year thousands of homeowners needlessly lose thousands of dollars when selling their homes. But they don’t lose the money for reasons you might think. They lose money because they unknowingly left it on the table, for the buyer to pocket, by failing to recognize their home’s hidden profit potential.
Those hidden profits exist in two areas. First, most homeowners never discover that particular minor, even inexpensive repairs to their existing home could generate many times their cost in additional home value. But on the other hand, other repairs and improvements can cost you dearly. It’s critical to know what repairs and improvements to spend money on and which ones to leave alone.
Second, when many savvy homeowners decide to make profitable repairs before selling, they expose themselves to some contractors’ ruthless world and potentially deceptive schemes that drive up home repair costs.
How to Get More Buyers to See Your Condo
- 44% of the buyers who walked through a home viewed it online.
- 67% of the buyers who walked through a home viewed it online that had a virtual tour.
- 88.6% of the buyers who walked through a home viewed it online that had floor plans and a virtual tour
What percentage of qualified buyers do you want looking at your home when it is for sale? In this market, skill overshadows a pretty face, the rookie, the part-timer, verbal diarrhea and the unwashed! If you read our Condo Buyer 101 above, you can see why we have qualified, able, knowledgeable buyers!
Prior Years Stats:
- In 2020, at 240 Village Walk, five apartments changed hands through our MLS system, a one-bedroom for $402,000, a three-bedroom for $869,900 and three two-bedroom apartments, from $425,000 to $610,000, all averaging ten days on the market and selling for a median of 100.53% of the asking price.
- In 2019, ten units sold: one 1 bedroom apartment residence for $356,000, eight 2 bedroom apartments from $356,000 to $765,000 and one 3 bedroom penthouse for one million-plus.
- In 2018, seven units sold four one-bedroom units, $320,000 -$340,000, two two-bedroom apartments, one at $429,000, the other at $530,000 and a three-bedroom unit at $700,000.
- In 2017, 14 apartment condominiums sold through our MLS system. Three 1 bedroom apartments from $294,500 -$309,000, Six two bedroom units $354,000 -$560,000 and five three bedroom apartments from $409,000 -$655,000.
Please Note That We Are Not The Property Manager, Nor Do We Represent These Two Condo Corporation, Nor are we Rental Agents, We Are Realtors Who Help Buyers & Sellers.