$899,000
1061 EAGLETRACE Drive 174
London, Ontario
5bed3bath
condo in London
Browse 19 active listings
Market Analysis
In London, Ontario, a diverse range of buyers are investing in condos, reflecting the city's appealing lifestyle. Young professionals are drawn to the downtown area, particularly around Richmond Street and the bustling Covent Garden Market, where vibrant nightlife and dining options abound. Families are also emerging as a significant segment, often preferring neighborhoods like Byron or Wortley Village for their proximity to schools and parks. Retirees are increasingly considering condos, seeking low-maintenance living without sacrificing access to city amenities. Neighborhoods like Old North and the areas around the Thames River offer tranquil settings while staying close to health services and recreational activities, making them ideal for those looking to downsize without losing their connection to community life.
Price Insights
With a median condo price of $389,950 and an average price of $430,522, buyers in London can expect a range of options that cater to different needs and budgets. For around $400,000, one can find modern one-bedroom condos in upscale developments on King Street, equipped with amenities like fitness centers and rooftop patios. Alternatively, larger two-bedroom units in areas like the Westmount or London South neighborhood can be priced around $500,000, often featuring open layouts and access to communal parks. For those looking to enter the luxury market, condos approaching the $1,000,000 range often offer stunning views of the downtown skyline and the Thames River, more spacious layouts, and high-end finishes, particularly in emerging areas such as the Riverwalk at 100 Kellogg Lane.
Available Properties
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About This Property Type
Condos in London are characterized by a variety of styles and settings, catering to various lifestyles. High-rise buildings can be found in the central downtown area, offering urban living with access to shopping, dining, and entertainment. Meanwhile, low-rise and townhouse-style condos are prevalent in suburban neighborhoods, providing a more residential feel with close-knit communities. Many units feature modern finishes, open concepts, and amenities such as in-suite laundry, parking spaces, and balconies. Notable developments, such as the luxurious residences at 100 Kellogg Lane, showcase contemporary architecture and eco-friendly features, appealing to environmentally conscious buyers. The blend of urban and suburban opportunities ensures that potential buyers can find a condo that fits their individual lifestyle preferences and financial goals.
Location Highlights
London, ON, is a thriving city known for its diverse culture, rich history, and recreational facilities. The city's downtown area, particularly along Richmond Row, is home to a fantastic array of shops, restaurants, and cultural venues, making it a hub for social activity. Families can enjoy the expansive parks like Springbank Park and the scenic Thames River pathways, offering various outdoor activities such as cycling, walking, and picnicking. Educational opportunities abound, with reputable institutions such as Western University and Fanshawe College located nearby. This creates a vibrant student population, adding to the city's dynamic atmosphere. Additionally, public transit options are robust, allowing easy commutes to various parts of the city and into neighboring regions. These elements combine to make London an attractive place to live, work, and play.
Investment Advice
Investing in a condo in London presents a smart opportunity, especially in a balanced market with steady options available. With the median condo price currently at $389,950, buyers can tap into a growing real estate market that offers potential for appreciation. As an emerging hub for innovation and education, London continues to attract new residents, which sustains demand for housing, particularly in accessible neighborhoods like Old East Village and the downtown core. In addition to residential demand, the rental market remains robust, with many young professionals and students seeking rental options. This makes condos not only a place for personal living but also a viable investment choice for those considering rental income. As London's economy develops, the long-term potential for property value increases further enhances the appeal of condo investments.
Buying Tips
When considering purchasing a condo in London, it’s essential to research the specific neighborhoods that align with your lifestyle and budget. Take the time to explore areas like Wortley Village for family-friendly amenities or the vibrant downtown for urban living. Understanding the local market dynamics can help you identify value, especially in neighborhoods undergoing revitalization. It's also advisable to review the condo fees thoroughly, as they can vary significantly between properties and impact your overall budget. Look for amenities that suit your needs, such as gyms, parking, or community spaces. Additionally, consider the future development plans in the area, as new infrastructure can greatly influence property values. Engaging with a knowledgeable local real estate agent can provide further insight into the market and help facilitate a smoother purchasing process.
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Frequently Asked Questions About London
How many condos are for sale in London?
There are currently 19 condos listed for sale in London on this site. Listings are updated multiple times per day from CREA's DDF®.
What is the benchmark price of a condo in London?
Per the MLS® HPI (London and St. Thomas Association of REALTORS), June 2026: the apartment benchmark price in London is $324,100. The benchmark represents a typical property as published by the board; individual condos vary by size, condition, and location.
How often are condo listings updated in London?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
What bedroom sizes are available for condos in London?
Condos in London are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.