Looking For a London Ontario Townhouse Or Apartment Condo?

Are you facing any of these situations when looking for a London Ontario Townhouse or Apartment Condo?

 

  • 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.
  • 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?
  • You’re feeling out of control because there are so many unanswered questions. Making it hard to know where to start.
  • You see or find what you like but it is already sold or has an offer on it before you get a chance to even see it?

If any of these situations sound familiar, I have some fact-filled information will help prepare you for the purchase of a home in London Ontario.  Doesn’t it make sense that in order for you to make one of the most important decisions in your life you should be well informed?

Just 32 Minutes Of Your Time Will Save You From “YEARS Of Headaches”

I have a  quick and easy way to help you prepare for your next purchase  which I  call, “40 Buyer Tips You Should Know To Avoid Making Huge Mistakes!”

Just give me a call at 519-435-1600 to set up a convenient , no obligation meeting and when we do meet, in 32 minutes you will have 40 tips that could save you thousands of dollars and a ton of headaches!

Ty Lacroix

Cadeau Terrace London Ontario Townhouses & Town Homes Only

2,5,6,7,9,10,14,18 Cadeau Terrace is an adult orientated townhouse & townhome community in Byron, Warbler Woods neighbourhood of London Ontario. Most of these one-floor condominium townhomes have a double car garage and some backing on to green space.

Cadeau Terrace London Ontario Condo Town Homes

This enclave of eight townhouses and townhomes is an excellent location for nature lovers, golf enthusiasts and for those who travel and would like a safe upscale neighbourhood to live.

Depending on the Cadeau Terrace address, some units are detached with walkouts, some back onto green space, and there are some without a patio door to the backyard!

Cadeau Terrace Map London Ontario

A very well maintained area, easy access to shopping, services and downtown London located off of Commissioners Road West.

2 Cadeau Terrace 75 Units

These one-floor ranch/bungalow residences are 1700 square feet on the main floor, and most units have a finished basement and a small private courtyard. This complex did not skimp on green space, trees, shrubs and exterior finishes. Note: The residences at 2 Cadeau do not have a rear deck or back entrance door or a patio door.

  • In 2018, one  sold $440,000
  • in 2017, seven sold from as low as $340,000 and up to $431,000

  5 Cadeau Terrace 48 Units 

 These 1500+  square foot one-floor condominium townhouses have a double car garage, and the maintenance and care are quite evident and have a private courtyard. Note: The residences at 5 Cadeau do not have a rear deck or back entrance door or a patio door.

  • In 2018, two sold, one for $370,000, the other $420,000
  • In 2017, three sold, from $320,000 to $415,000

  6 Cadeau Terrace 13 Units

These 13 detached one-floor condominiums do not come up for sale very often. Eleven residences have two car garages and the other two, a single car garage. Five of the units have a walkout onto a ravine!

  • In 2018, no sales recorded on MLS
  • In 2017, one sold for $316,500

7 Cadeau Terrace 34 Units

 Called ‘Warbler Ridge,’ these 34 adults orientated condominiums have a combination of double and single car garages

  • In 2018, three sold from $332,000 to $380,000
  • In 2017, three sold from $307,719 to $370,000

9 Cadeau Terrace 39 Units

These condominium residences have a combination of double and single car garages, a few with a walk out.

  • In 2018, one sold $497,000
  • In 2017, four sold from $319,900 to $351,000

10 Cadeau Terrace 9 Units

 All nine detached townhomes back onto a ravine

  • In 2018, one sold $437,000
  • In 2017, no sales recorded on MLS

14 Cadeau Terrace 36 Units

  These detached condominium townhomes are one-floor residences that are highly sought after, some back onto a ravine for that extra privacy.

  • In 2018, no sales recorded on MLS
  • In 2017, one sold $355,000

18 Cadeau Terrace 43 Units

 These detached condominium townhomes are one-floor residences that are highly sought after, seven of them back onto a ravine for that extra privacy.

  • In 2018, two sold, one for $394,000 & the other, $351,000
  • In 2017, four sold, starting at $329,900 to $379,900

As you can see, the Cadeau Terrace condominium residences have increased in price as has all similar properties throughout London Ontario and area. To build a similar home in 2019, you are looking at a minimum $100,000 or more if lucky.

Scroll down this page, and you can request exact sales price and amenities and get an opinion on what your residence is worth.

 All the condos & houses currently listed for sale on MLS in Byron.                       

 All Townhouses & Townhomes For Sale in London Ontario & Area on MLS

London Ontario Condominiums 2018 And What To Expect in 2019

One of the best ways to understand the condominium market in London Ontario is to look at how many days these were on the market before being sold and what was the sale price percentage versus the asking price.

condo sales in London Ontario

Our real estate board LSTAR ( The London St.Thomas Association of REALTORS*) breaks London down into three geographical areas, North, South and East. ( I know, why not the West?) I plead silence with my opinion on why!

Sold Condominiums in London Ontario  2018
Area % of Asking Price Average Days on Market
North 102.2% 22
South 104.92% 17
East 103.49% 24

What does all this mean? The inventory of townhomes and townhouses for sale is low, and with more buyers than sellers, we see bidding wars, hence, higher sale prices. Apartment condos remain strong as well, and where townhouses and townhomes used to dominate the market, apartments are catching up, not only in the volume of sales but in price as well.

Is this a good time to sell a condominium? Yes!

For buyers, be prepared to act as there are more buyers than sellers, but do your homework and do not let emotion override prudence and common sense.

The hottest segment right now is the one floor detached or attached bungalow townhouse with a two car garage, seconded by attached townhouses.

What will 2019 bring?

2019 prediction condominium sales London Ontario

  Building permits for new construction are higher than ever for both high-rise buildings and townhouses and townhomes. Affordability is a powerful motivator for first-time buyers and downsizers over single-family homes.

  Until I can walk on water and be exact, all condominiums in London Ontario and area will experience a rise in prices because of demand.

 

Selling a Townhouse In London Ontario Quicker?

When thinking about selling a townhouse in London Ontario & area, where do you start?

Ask about selling a condo in London Ontario

When do you start?

Is there a difference if it is a townhouse or an apartment?

A freehold or a regular condo corporation?

How would you feel if you knew some surefire ways to prepare before selling a townhouse or a town home or an apartment condo in downtown London, if you knew about the timely steps to take, the questions to ask, the caveats to be aware of?

From experience of selling 100’s of condominiums in London Ontario, this will get you thinking and keep you on track before, during and after you list your condo for sale on MLS

   Here it Is!