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1255 Commissioners Road West London Ontario, Canada

1255 Commissioners Rd. W.
"Park Place"

1255 Commissioners Road West

Units45

Floors7

Built1977

Registered as condos1992

Average MLS Selling Price (first 8 months) 2023, 1 bedroomSample size (1) to small to report

Average MLS Selling Price 2023, 2 bedroomSample size (1) too small to report

Average MLS Selling Price 2022, 1 bedroomNo MLS Sales

Average MLS Selling Price 2022, 2 bedroom$438,800 (based on 4 MLS sales)

Average MLS Selling Price 2021, 1 bedroomNo MLS Sales

Average MLS Selling Price 2021, 2 bedroomSample size (1) too small to report

Average MLS Selling Price 2020, 1 bedroomSample size (1) too small to report

Average MLS Selling Price 2020, 2 bedroom$237,500 (based on 2 MLS sales)

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* excluding the main floor which is retail and the second floor offices

Amenities

Details:

Discover the pleasures of living in the heart of Byron at "Park Place". Overlook beautiful Springbank Park, shop, bank and dine in a choice of restaurants in the immediate area. This building is concrete, has underground parking, retail on the first floor and offices on the second floor. The units at the top of this building are larger in size and are of a two level design. This building had a few issues with their status report in the past which hindered the selling process back in the period of time of 2013-2016.

The condo fees which are reasonable include heat and hydro and the heating is baseboard hot water, natural gas which is a preferred heating source. Starting in 2017 more normal resale activities resumed happening again. In 2022 the condo fees on a 875 square foot unit are $424.00 per month and $625.00 per month on a 1,440 square foot unit which are one of the rare two level penthouse units with two balconies. Some penthouse units are 1,600 square feet and others 1,280 square feet. Covered parking, controlled entry, covered cement balconies with the exception of the top levels which have more of an open style, glass railings. One bedroom units are known to be 614 and 670 square feet and typical two bedroom sizes are 735; 905; 1,101 and 1,600 square feet. This is a pet friendly building.

Our price indicators exclude rent house sales.* In this neighbourhood apartments make up 46% of the housing stock and single detached homes 54%, 72% own, 28% rent. 34% of the population is 65+. English is the primary language spoken at 76%. 44% of the adult population has a university degree.

* "Springbank Park" at 300 acres is the largest park in London. It contains 19 miles of trails and is home to "Storybook Gardens", a family attraction open year-round.

Property Manager: Parkside

Nuvo 519-619-0157



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