Townhouses London
This Page Has All The Townhouses & Townhomes For Sale on MLS in London, Ontario and Area, Plus Sold Prices & Wise Buyer & Seller Tips & Ideas!
Townhouses, townhomes, freehold or vacant land condos, condominium residences, are they not all the same? There seems to be some confusion about the differences. For clarity, in the London, Ontario and area, Realtors, builders and lawyers generally define them as the following:
- Townhouse Condo: Can be attached or detached, single floor or a two or three-storey
- Town Home Condo: Usually detached, more upscale and freehold or a vacant land condo.
- Free Hold or Vacant Land Condo: Detached, you own the land and are responsible for your roof, windows, doors, and you pay a nominal fee to the condo corporation for road maintenance and common grounds.
Take note that your lawyer and the condo corporation’s status certificate and the property you are buying or selling is defined quite clearly in all documents, and ownership is defined.
Before Buying a London Ontario Townhouse or Townhome:
Buying a condominium in London, Ontario is far different than buying a single-family home, though similar, you will want to know:
- the condominium regulations?
- The by-laws?
- Who are the board of directors?
- What do the condo fees include?
- Financial stability of the condo corporation?
- What date was the last onsite engineering study done?
- Parking?
- Twenty-six other questions you may want to be answered.
Your lawyer has to be more thorough and do more work, your mortgage lender has more preparation, and your Realtor should have an in-depth knowledge of condominiums, fees, by-laws, rules and regulations. You will also want to know the long-term financial responsibilities you may be responsible for when there is a purchase or sale of a condominium.
A systemized approach to the buying process can help you steer clear of these common traps, allowing you to not only save money and time but ensure your purchase is prudent.
We are known as condo professionals for a reason!
How much would you save in money, stress or issues if you knew about the following? Below are a few topics we cover with condo buyers.
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.
- 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 Dollar Amount You Can Borrow.
- What Pricing Strategies Are Sellers & Their Realtors 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 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!
Here are a few Condo sellers’ acceptable practices.
The demand for quality townhomes is strong, and with more buyers than sellers, prices are rising, and most good properties, if priced correctly, are getting multiple offers. The keywords ‘priced properly’ are paramount to ensure a smooth and quick sale and, of course, the marketing of your home.
Just putting a sign on the property and putting it on MLS is not enough to attract that discriminate and capable buyer for your unit. You can have the brightest billboard in the world, but stuck out in the desert where nobody can see it, what good is it?
Condominium 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
Below are links to some townhouse condominium residences (townhomes, attached and detached, one floor, two storeys) in London, Ontario, including price history and some tidbits for prudent buyers and sellers!
Central
North
Please Note That We Are Not Property Managers Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, We Are Realtors Who Help Buyers & Sellers.
South
1331 Commissioners Road W Byron Ontario one floor townhouses 
1415 Commissioners Road W London Ontario, named Byron River Estates, consists of 31 condo-townhouse units. 
1415 Commissioners Road W London Ontario, named Byron River Estates, consists of 31 condo-townhouse units.
Please Note That We Are Not Property Managers Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, We Are Realtors Who Help Buyers & Sellers.