The average price for residential listings in the London real estate market is above $325,000, according to the Canadian Real Estate Association. This price will buy you quite an impressive unit in this part of the Southwestern Ontario real estate area, equipped with all appliances, spacious rooms and access to high-end building amenities. But we wanted to look at what The Forest City can offer homebuyers for less than half the average asking price.
Here are just a few examples of what you can get in London for merely $150K:
#1 406 – 389 Dundas Street, 2 bedrooms, 2 bathrooms, $149,900
Located right in the heart of the city, in the Central London real estate area, is this immaculate 2-bedroom unit of a sought-after development complex. The listing itself boasts a newly-upgraded, open-concept kitchen with a kitchen island, plenty of cabinets and all the necessary appliances. It features a spacious and bright living area, a separate dining nook, 2 washrooms and a large balcony overlooking the city. Building amenities include a swimming pool, sauna and a state-of-the-art fitness centre, accessible by all tenants. The unit also comes with a designated parking spot in the underground parking lot.
#2 1103 380 King Street, 2 bedrooms, 1 bathroom, $149,900
Also located in the Central London real estate market is this one-bedroom plus den executive unit, on the 11th floor of a sought-after block of flats. The listing comes with loads of modern cabinetry, and hardwood floors throughout. The kitchen features quartz countertops, all the necessary appliances and a separate dining area. The living area has floor-to-ceiling windows, offering exquisite views over the city and plenty of space to entertain guests. Amenities include a party room, an indoor swimming pool, an exercise room and a sauna, complete with a designated parking spot. Besides all these magnificent features, the unit also boasts proximity to shops, restaurants, schools, public transport and the highway.
#3 430 Egerton Street, 2 bedrooms, 2 bathrooms, $150,000
If you’re interested in buying a house instead of an apartment, check out this 2-bedroom bungalow-style house of the East London real estate area. It lies in the proximity of shopping, the highway, public transport, restaurants and the local farmer’s market. The house features a charming kitchen featuring all the necessary appliances, a separate dining nook and a generous-sized living area. It also boasts some new flooring, fresh paint and tall ceilings. One of the highlights of the unit is the private back yard, which comes with a tool shed, a detached garage and mature trees.
If you’d like to keep on looking, you can check out our lists of condos for sale in London and also browse through the single family homes for sale in London. If you’re interested in what you can find at the periphery of the city, why not take a look at the new listings in Stratford and the real estate listings in Tillsonburg.