409 Thompson Rd.
"Pond Mills Estate"
409 Thompson Road
Units30
Built1990
Registered as Condos1990
Average MLS Selling Price 2022$526,600 (based on 5 “MLS” Sales)
Average MLS Selling Price 2021$407,400 (based on 3 MLS sales)
Average MLS Selling Price 2020$314,800 (based on 5 MLS sales)
Amenities
Details:
Three clusters of four units and one cluster each of five, six, and seven units back onto the "Thompson Ravine". Grey brick, grey siding and shingles, and white trim. Small covered front sitting areas. Three known unit sizes are 990, 1260 and 1300 square feet. These are three-bedroom units with condo fees going into 2022 somewhere in the $220.00 per month range.
This is a mixed use neighbourhood with some commercial activities. In 2022 a new 44 unit low rise building went up near the entrance into this condo project. It has four stories and in December 2021 the Federal Government announced 10.7 million dollars in funding to help build it. It is an affordable housing building.
** In this neighbourhood, 19% own, 84% rent. 75% live in apartments, 10% single detached homes and 15% row houses. 17% of the population is aged 65 or over. English is the dominant language spoken at 84%, followed by 3% Spanish.
Off in the distance to the north east beyond the Thompson ravine is the "Rivers Edge" highrise condo building.
In all fairness, this "Pond Mills Estate" condo project enjoys a quiet location.
Property Manager
Lion Heart 519-641-6868