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London, Ontario


625-685 Wonderland Road South London Ontario, Canada

625,635,645,655,665,675 Wonderland Rd. S.
"Village Green"

625,635,645,655,665,675 Wonderland Road South

Units 89

Built estimated 1976

Average MLS Selling Price 2022, 1 bedroomSample size (1) too small to report

Average MLS Selling Price 2022, 2 bedroom$298,000 (based on 4 MLS Sales)

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

Average MLS Selling Price 2021, 2 bedroom$319,800 (based on 6 MLS sales)

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

Average MLS Selling Price 2020, 2 bedroom$228,300 (based on 2 MLS sales)

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Amenities

Details:

“Village Green”

Three front attached clusters of low rise condo buildings and three rear attached clusters of the same design. Greenspace between these two buildings. Rear and side front parking. Buildings 625/635/645 are the ones facing the street. Light speckled red/orange bricking and three levels of white stucco over the front covered entranceways of each cluster. Light grey coloured shingles, grey painted side panels on the recently rebuilt balconies Grey siding and soffits, white trim around the windows and doors.

Twenty seven main floor units, twenty eight second floor and third floor units. The rear units are built on slightly elevated lands and each have two units labelled level “A”. There are no elevators.

Controlled entry, gas hot water- baseboard heating, unassigned open parking. The condo fees include the heat, hydro and water.The condo fees for a one bedroom unit going into 2023 are in the $336.00 per month range and $426.00 per month for a two bedroom unit. Unit sizes are modest. The one bedroom units typically are in the 668, 700, 739 sq. ft. range and the two bedroom units are in the 875, 900, 925, 940 and 950 sq. ft. range. We note the low turnover rate of units. Many are used by long term investors as rental units. In this neighbourhood 35% own, 65% rent. Apartments make up 84% of the structure type. 84% of the neighbourhood was built between 1961-1990. We also note that with the busy traffic flow on Wonderland Road, some people assume that the low rise rental buildings to the immediate south are also part of this complex. We are talking about the units with the glass sided balconies at 725, 735 and 745 Wonderland Road. Once again, these are rental units and are not part of the “Village Green” complex.

*access into and out of this complex is off Wonderland Road and off of Village Green Avenue. This second entrance is better to use during peak periods of traffic.

Property Manager

Nuvo 519-619-1057



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