1580 Ernest Ave.
1582 Ernest Ave.
1584 Ernest Ave.
1586 Ernest Ave.
1588 Ernest Ave.
1590 Ernest Ave.
"Oak Pointe Estates"
1580 Ernest Avenue
1582 Ernest Avenue
1584 Ernest Avenue
1586 Ernest Avenue
1588 Ernest Avenue
1590 Ernest Avenue
Units156
Floors3
Builtestimated 1978
Registered as condos2000
Average MLS Selling Price 2023,(based on 1st 300 days) 1 bedroomsample size (1) too small to report
Average MLS Selling Price 2023, 2 bedroom$284,200 (based on 4 MLS sales)
Average MLS Selling Price 2023, 3 bedroomsample size (1) too small to report
Average MLS Selling Price 2022, 1 bedroom$282,300 (based on 3 MLS sales)
Average MLS Selling Price 2022, 2 bedroom$342,000 (based on 5 MLS sales)
Average MLS Selling Price 2022, 3 bedroomsample size (1) too small to report
Average MLS Selling Price 2021, 1 bedroom$232,500 (based on 2 MLS sales)
Average MLS Selling Price 2021, 2 bedroom$253,900 (based on 8 MLS sales)
Average MLS Selling Price 2021, 3 bedroom$269,500 (based on 7 MLS sales)
Average MLS Selling Price 2020, 1 bedroomSample size (1) too small to report
Average MLS Selling Price 2020, 2 bedroom$236,500 (based on 2 MLS sales)
Average MLS Selling Price 2020, 3 bedroom$247,500 (based on 2 MLS sales)
Amenities:
Details:
Six three level high brick low rise condo buildings with all cement construction and block exteriors. Newer windows and patio doors. No elevators. These are "walk-up" buildings. One building on the east side backs onto greenery and one building faces this greenery.
The condo fees include the water and the hot water heater. Going into 2024 the condo fees on a one-bedroom unit are $387 per month range, $481 per month for a two-bedroom unit and $544 per month for the three-bedroom units. Investors using these numbers for rental purposes have to monitor the change in these numbers closely. Known unit sizes of the one-bedroom units are 500, 578, 592, 650 and 700 sq. ft. Known unit sizes of the two-bedroom units are 650, 778, 792, and 800 sq. ft. Known unit sizes of the three-bedroom units are 875, 947, 970 and 1,021 sq. ft.
Open balconies, controlled entry. The heating is baseboard gas and the condo fees include the heat and water. Separate hydro meters, unassigned parking. A brown cider block-type exterior with some small patches of tan trim and a mix of black and brown shingles. Some units are owned by investors of many years and this building over the years has witnessed a number of minor special assignments.
Enjoy the "South London Community Pool" across the street all year long. Some units are owned by long term investors for rental purposes. Shopping and busses are steps away. Open parking.
In this neighbourhood, 55% own and 45% rent. The dominant language spoken is Arabic at 43%, English at 33% and other languages at 8%. 65% of the population claims immigrant status. Only 5% of the population is aged 65 and older. 39% of the population is aged 0-19.
Property Manager:
Larlyn 519-690-0600