2031 Pennyroyal Street
"Central Park"
2031 Pennyroyal Street
Units42
Built2015-2017
Registered as condos2015
Average MLS Selling Price 2023 (1st eleven months)$747,000 (based on 2 MLS sales)
Average MLS Selling Price 2022$781,000 (based on 4 MLS sales)
Average MLS Selling Price 2021$666,500 (based on 2 MLS sales)
Average MLS Selling Price 2020$493,300 (based on 3 MLS sales)
Amenities:
Details:
The correct address of this property should read 2015-2029, 2031 Pennyroyal Street, 1424-1440 Blackwell Blvd. This condo project is located in a new community called "Fanshawe Ridge" which is north and east of the intersection of Sunnydale Road East and Highbury Avenue North.
These are "vacant land" condos built in ten clusters of four and five units. These are two story three bedroom units with single car garages and paver stone driveways. Unit sizes are 1,505, 1,560, 1,569, 1,574, 1,644 and 1,730 sq. ft. Units 2-8, 10-18 and 20-26 have rear retainer pond views.
This was a "Forest Park Homes" project, the same builder who recently finished out building the “Rivere" project in west London at 1195 Riverside Road.
What is there to know about this "Fanshawe Ridge" new subdivision? Here you will find 94% of the population owns and 6% rent. It's a mix of 87% single family homes and 13% townhouses. 69% of the housing stock has been being built since 2011. It's also a neighbourhood of young families where 30% of the population is between 30-44 years old and 18% 0-9 years of age. 62% of the population have English as their primary language, 5% Mandarin, 4% Spanish, 3% Arabic and 34% of the population has immigrant status.
Watch for more growth to continue in this neighbourhood over the next few years. What is nice about this particular location is that just to the north of this project is a wide area of greenery known as "Stoney Creek Valley North/Fanshawe Ridge North, Creekside Park". Some of this area still has an edge of the city, almost rural feel. At least it does for now.
Property Manager
This is a self managed complex with low condo fees. The condo fees cover the maintenance of the common laneway.