500 Sunnystone Road
500 Sunnystone Road
Units41
Built2008
Registered as condos2008
Average MLS Selling Price 2024 (first 10 months)$658,500 (based on 10 MLS sales)
Average MLS Selling Price 2023$728,300 (based on 3 MLS sales)
Average MLS Selling Price 2022$834,600 (based on 7 MLS sales)
Average MLS Selling Price 2021$686,400 (based on 5 MLS sales)
Amenities:
Details:
A sign at the entranceway built into a brick wall says "500 Sunnystone Road Luxury Townhouses". Do you know why the word "luxury" was part of the wording? The short answer is that until 2021-2022 this complex spent the first part of its life as a rental complex. This complex is approximately fifteen years old and for the first part of its life its purpose was a rental complex. That is why the word luxury is part of the signage.
This is a rental conversion project. Units here were first offered for sale in 2021 and in 2024 conversion units are still being offered for sale. It was the interiors of these units which had to be upgraded, not the exteriors.
These are two-bedroom units with double car garages in the 1,195; 1,230; 1,244 square feet range. These units also have finished lower levels of living space. Light grey front bricking, light grey siding on three sides, white trim, brown garage doors and brown sidings over the garage, taupe-coloured eaves and facia, brown shingles, covered front entrances, large rear decks. The condo fees here in 2024 were $330.00 per month.
This complex is tucked away amongst many high-end houses in a neighbourhood close to schools and shopping. Rental conversion projects are something that we are going to see more of as London continues to grow.
** In this neighbourhood 77% own, 23% rent. 85% of the neighbourhood is single family homes and 14% townhomes. 82% of the neighbourhood was built between 1991-2010. English is the dominant language spoken at 51%, Mandarin at 10%, Korean at 7%, Arabic at 6%. English and nonofficial 4%. 48% of the adult population have university degrees. 12% of the population is 65+.
Property Manager
Thorne 519-660-1904