About Ty Lacroix Broker of Record

I am the owner & Broker of Record with many years of experience in guiding Londoners to make wise real estate decisions and then get results!

Townhouse London Ontario, Town Home London Ontario

Townhouse condo , town home condo, freehold condo, aren’t they all the same? There seems to be some confusion about the differences between the three and to make the confusion more befuddled, if you google all three,  you will see what I mean.

Information Condos in Lonon Ontario

So, in 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 general condominium corporation
  • Free Hold 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.

Now, before anyone wants to nit pick me on the above descriptions , I have helped hundreds of buyers and sellers of condos in London and these 3 definitions worked for them. As well, at the end of the day, your lawyer and the status certificate of the condo corporation and the property you are buying or selling is defined quite clearly in all documents and ownership is defined.

A professional Realtor will have already verified that for you , but then, what do we know, we are out seeing condos every day!

Meeting your lawyer condo in London buying

                                           Where To Start?

Most start off by going to MLS and picking up all the real estate magazines they can get their hands on & going to open houses or model homes

Thats a good way to get a feel for price and style. But then what? What about certain condo rules, fees and financial stability of the condo corporation, amenities and other questions that should be very important for you to know?

Looking for condos in London Ontario to buy

Another alternative is to take advantage of our knowledge and experience with condos & houses in London Ontario and area.  Daily, our associates  view quite a few condos in London and area & are quite familiar with price, quality, safe areas  and know the better run condo corporations and some to stay away from.

Do you use up a tank of gas or spend hours on MLS going through hundreds of listings?

What about if you could first know what you can get in your price range, learn about the styles, even locations!

Even some common sense ideas of what to look out for.

 Below is a snapshot of condos for sale in London Ontario & area on MLS

 Townhouse Condos For Sale on MLS London Ontario      Detached Condos For Sale on MLS in London Ontario      Apartment Condos For Sale on MLS in London Ontario 

Oh, and by the way, are you  wondering what your payments will be?

Condo Mortgage Calculator

Here is a fabulous 4 in 1 mortgage calculator that will guide you to know your costs.

Below are links to some but not all townhouse condo complexes (townhomes, attached and detached, one floor and more) in London Ontario by price range.

Included are prices last year, what units sold for compared to the asking price, how long they took to sell, some buyer & seller tips and at times, a blunt discourse on being prudent when buying or selling a condo .

Under $150,000

$150,000 to $250,000

$250,000 to $400,000

400,000 to $500,000

Over $500,000

Condos in London Ontario, Buy One The Right Way

When looking at condos in London Ontario,it can be an emotional experience, perhaps even trying and scary. It can also be time consuming and comes with a myriad of details that should not be overlooked. Some buyers, (and even their Realtor), can get caught up in the excitement of buying a place and then tend to forget a few things. Their condo experience then could turn into an unpleasant turn of events, such as:

  • Paying too much
  • Losing the perfect condo to another buyer
  • Not buying in the right neighbourhood or building
  • Feeling rushed
  • Not enough due diligence done through the process and omitting a few steps

                                        Looking to buy a condo through the internet on MLS

                          Make Buying a Condo in London More Pleasant

The specific way you progress through a condo buying transaction varies but there are many  buying steps that are standard, even though they might not be accomplished in the same order in every location.

You’ll feel more confident about your condo buying journey when you understand what is required of you and every other person who is involved in the transaction.

I believe that there should be a thorough plan BEFORE a  buyer even starts looking  because when there is a systematic plan in place before you shop, you’ll know what to expect and if any unforseen events occur, you will know how to overcome them.

                             Working to ensure you find the right condo for you

I know there are buyers who prefer to search MLS real estate listings, go to lots of open houses, spend weekends & evenings looking and looking and trying to find the right place or perhaps, even a bargain.

As a professional Realtor , I have helped hundreds of house & condo buyers in London Ontario and I can veify that buying a home can take an enormous amount of time, even patience,  I do it every day, so for the ‘lone rangers’, go for it!

search condos in London Ontario on MLS

For those of you who are looking for that ideal condo, perhaps one not even on MLS yet & would like professional real estate guidance, negotiation, diligence and care, our “Dedicated Home Buyer Program” may be something that you have been looking for.

  Condominium living :

Couple buying a condo in London Ontario

    Most  newspapers now include a condominium section which recognizes the increasing number of people who already live in—or aspire to live in—a condominium.

  The Canada Mortgage and Housing Corporation (CMHC) has created a  guide to help you become an informed condominium buyer and to help you make the best choice. At the end of the CMHC Guide you will find full definitions of some of the terms used.

   It will identify important questions to ask—and the people you should be asking—before you make this important purchase.

  Searching to buy a condo in London Ontario

 At the end of the report, there is a selection checklist to help you narrow down the choice between the different types of condominiums you might see.

  Another great information tool is our own Condos in London guide,  one that I have been providing to Londoners for the last 15 years, in it you will see price ranges and styles of condos, neighbourhoods, specific buildings or complexes, local London Ontario links and telephone numbers, maps and tips.

I hope you will find it as helpful as hundreds of clients have.

   Try this Tool Kit if you are looking for tips and ideas when buying real estate

 homebuyers toolkit

 

Plan & Plan & Plan Before Buying a Condo in London Ontario

Shopping for a condo in London can be an emotional experience. It can also be time consuming and comes with a myriad of details. Some buyers, (and their agents), however, caught up in the excitement of buying a condo, tend to overlook some items.

Buying a condo in London the right way

These errors generally fall into three areas:

  • Paying too much
  • Losing a dream condo to another buyer
  • Buying the wrong condo

When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors.

Bidding without sufficient information

Buying the wrong condo for you

Unclear title

Inaccurate Survey

Unexpected repairs

Not getting Mortgage pre-approval

Hidden costs

Rushing the closing

We help condo buyers every day, we know what it takes to get it done and allow our clients to save money and sleep!

3 Condo Buying Choices You Control in London Ontario

There are 3 condo buying  choices you have control over in London Ontario.

Get results, work with us when buying a condo

1. You’re looking to make one of the most important purchases of your life and you don’t want to get burned because of not knowing whom you can trust, or making a mistake that could cost you thousands of dollars later.

2.   You do not know the values in the marketplace and you want to be assured of getting the most that you can for your money, without having any regrets after your closing?

3. You’re feeling out of control because there are so many unanswered questions.  Making it hard to know where to start.

Is there an easier way to prepare before buying a condo in London Ontario? There is no easy way, but there are steps that if taken logically and followed, will help make your choices easier because you will be better informed than most condo buyers.
What would it be worth to you if you spent 32 Minutes Of Your Time Talking or Meeting With Me and You Learned:

  • Real facts about the market and not biased opinions?
  • The best neighbourhoods?
  • The best buildings?
  • The better property managers?
  • Condo fees and what they cover and the condo rules?
  • A 154 step by step condo buying system?

Let’s discuss your needs and concerns, it won’t cost you a penny and you are under no obligation what so ever!

You don’t buy a car without a test drive, why not give us a test drive!

363 Colborne St Downtown London Ontario Condos

363 Colborne St Downtown London Ontario condos

              363 Colborne St London Ontario  indoor pool

363 Colborne St is a 26 story condo building in downtown London Ontario and part of the Colborne Centre, which includes 323 Colborne St .  Minutes’ walk to some of the finest restaurants in London, Covent Garden Market, Budweiser Gardens, Victoria Park. You can  take a stroll down to the farmers market, downtown festivals and enjoy plays and activities at the Grand Theatre.

This downtown London Ontario apartment condo building has:

  • Underground Parking
  • Guest Parking
  • Controlled Entry
  • Surveillance System
  •  Public Transit
  • Elevator
  • Ensuite Laundry
  • Swimming Pool
  • Hot Tub
  • Exercise Area
  • Tennis Courts
  • Balcony / Patio
  • Large Closets / Ensuite Storage
  • Cable
  • In 2017, 16 apartments were sold through our MLS, from as low as $125,000 to as high of $200,000, these took about 30 days to sell and sold for 98.35% of the asking price.  I have prepared a 29 page report showing these 16 sales which includes prices, amenities and quite a few ideas on saving time and money if you were considering buying an apartment or thinking of selling your downtown apartment condo, you can download these reports here
  • Other apartment condos for sale in London Ontario

 

Year 1 bedroom average price 2 bedroom average price
2016  $145,375  $167,188
2015  $136,000  $148,233
2014  $134.000  $162,464
2013  $126,100  $159,040

Google Map

 More vertical living buildings

Upscale Town Homes London Ontario

There are quite a few upscale quality town homes in London Ontario and here is one of enclaves in North London.

181 Skyline Avenue London Ontario is an enclave of 36 freehold town homes in North Uplands in London Ontario. Named “The Residences of Stoneybrook” these high end quality homes were first started by “The Z Group” and finished by the quality builder “Premium Homes”.

181 Skyline Avenue London Ontario

In 2017, 5 of these detached town homes sold on MLS, from as low as $415,000 and as high as $650,000, they took about 43 days to sell and for about 97.34% of the asking price.

I have prepared a breakdown of the 5 sales with prices, days on the market and amenities plus a few wise ideas if you were either a seller or a buyer. After reading this report, hopefully you will see that having accurate numbers when buying or selling real estate can make a huge difference to your bank account! You can get these reports here.

 Uplands is a relatively newer area of London with a great cross section of executive style homes, one floor bungalows and a great selection of one floor condo homes, both attached and detached.

Living in Uplands is convenient to a major shopping area in the Masonville Mall area , churches, schools, dining, golf courses and other recreation venues and attractions.

  All Condos in London Ontario For Sale on MLS

 Google Map

London Ontario Condo Market, What Is It Like?

Every day I get asked these 4 questions about the London Ontario condo market.

  1. “What is the London Ontario condo market doing?”
  2. “When is the best time to buy or sell a condo?”
  3. “How much should I offer?”
  4. “What should I list it for?”

​  Questions  London Ontario Condo Market

The first step in answering any of the above 4 questions is knowing how the London condo market performed factually, not by guess work or perceptions. Most days I have a detailed list of actual sale prices, days on the market, selling price ratio to the asking price and price reductions.

You can too!

From my experience in helping educate Londoners about condos in London, these averages may not hold true for your building or complex.

Before buying a condo in London or selling a condo in London, you may want to get what I call “brutal truth factual numbers” about what prices are today and not an opinion where prices are heading or what someone received for their unit 6 months ago.

Price, condition, style and location dictates what a condo sells for and how long it will take to sell. For buyers, you will be assured of not over paying and for condo sellers, you will not leave money on the table or over price your condo because of blind optimism or false perceptions!

Works every time! Want some answers?

Some Of The Best London Ontario Townhouses At Fiddlers Green

Some of the best London Ontario townhouses for size, price and locations are at the 4 townhouse enclaves on Fiddlers Green

These one floor condominium townhouses at Fiddlers Green are Sifton built and were one of the first adult style developements in South West London, between Oxford Street West and Hyde Park Road.

A short walk to one of the better grocery stores in London is Remark and across the road is Loblaw’s. There are two drugstores,  a few restaurants, banks, medical & professional offices and two bus routes make this a great and convenient neighbourhood.

50, 55, 60 and 65 Fiddlers Green is located in Oakridge in London Ontario.  and by following that link, you can find  area prices, trends and more information.

There are 4 enclaves of units:

With the so called information age being a window for knowledge, buyers and sellers of real estate should be aware of the misinformation age, be it embellished numbers, unbridled enthusiasm or false perceptions.

Always ask: “Is it true?”

One of the principles I have enforced in my career as a professional Realtor is that facts and the brutal truth about a value of a house, the market and the activity are in the best interests of our clients.

                               65 Fiddlers Green London Ontario

All Condos in London Ontario For Sale on MLS

London Ontario Townhouses 70 Sunnyside Drive

This London Ontario townhouse neighbourhood at 70  Sunnyside Drive is right across from Masonville Mall and about 5 minutes to The University of Western Ontario and London Health Science Centre.

There are 3 parks nearby  which are Medway Valley Heritage Forest, Carriage Hill Park and Ross Park.

Some of the best schools in London are close by as well. Grocery stores such as Loblaw’s is just a short walk, the Big Box stores, 9 dining areas , plus fast food , Cinema and on 3 bus routes.

There are 60 condo townhouse units in this well-kept enclave with various choices in size and layouts. (two sizes and 3 styles).

 In 2017, 5 townhouse condos at 70 Sunnyside were sold through our MLS system for 103.2% of the asking price and these took about 21 days to sell!

I have prepared a 22 page report showing the price activity for 2017, along with what was included, plus some very helpful information to prepare either a seller or a buyer before you make any real estate decisions, you can get these reports below.
All Condos in London Ontario For Sale on MLS

  • 2016 average price $278,663
  • 2015 average price $261,167
  • Google Map

70 Sunnyside Drive  London Ontario

Sell A Condo London Ontario-Get Results

           Where First Does a Condo Buyer See Your Listing?

96.7% of homes sold , be it houses or condos , have been previewed by buyers on websites, either through Realtor’s websitesMLS  or social media ! That is a huge number and why it is extremely  imperative when putting your home for sale in London Ontario & area  to have a great web presence or three!

Real Estate Websites

Below is How  Home Buyers First See a Home

  • 59%  Salesperson contact
  • 27% For Sale Sign
  • 8%  Referred by a relocation service 
  • 3% Through family or a neighbour
  • 1% An advertised property in a magazine or print ad
  • 1% Through an open house they saw
  • 1% For Sale by Owner

  Knowing the above numbers and how buyers find your home among all the other condos for sale in London Ontario & area on MLS or a private sale that are competing with yours, will enable you to make some wise decisions when it comes time to put your home on the market

   Exposure and traffic sells homes! Do you not think that a 14% of market share will make a difference?

They say that money is not everything but it is to you when buying or selling real estate! We expose our properties through 37 different channels, from signage, newsletters, e-zines, MLS, social media and websites and we work with 3 relocation companies.

Here’s the thing!

As Realtors, we do not get paid until your home is sold and you have moved out. We are able  spend $6,000 to $10,000 a month on marketing and attracting buyers to our clients homes because we get results and are prepared to risk our hard earned money before we even receive a dime!

So, if money is not everything, who you going to call?

                                                          Sutton Group Envelope Real Estate

  • 14 % market share in London Ontario and area
  • 6,766 Realtors Across Canada for referrals
  • 100% Canadian
  • Success Leaves Clues

2017 Market Share Sutton Group Envelope Real Estate

Sutton Group Envelope Real Estate Market Share London Ontario

Here are a few downloads that will show you how detailed we are , yet flexible, yet open to improvement and our company principle that being good is just average & being average is easy, being above average and being great is a constant reminder to not be content, to not be lazy, to not allow ego to cloud common sense, to work harder and smarter than every one else & be diligent each & every moment.

We do not spam, trade or sell contacts, pester, bug, morse code or telegram, however, if you respond in any way to us, we will respond promptly.