Downtown

London

Your Condo World

Specializing in Sales, Rentals and Investments for Condominiums!

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155 Kent St.

* Premiums for higher floors
* Premiums for some floor plans (e.g. corner units, larger floor plan, or more windows)

Amenities:

Details:

One of the most convenient central core locations. Steps to Richmond Row and Victoria Park, close to Harris Park, the Thames River bike trail and walking paths. The Grand Theatre is just next door. Walk to many trendy stores, coffee shops and restaurants. What a great location close to London's major law offices, the Canada Life Assurance Company (the old London Life Building), The Court House, the City Hall, and government buildings! Note: these units have balconies, storage facilities, party room, hot tub, sauna and an exercise room in the basement. Seven units on the 1st floor and eight units on the 2nd to 14th floors. Known one bedroom sizes of 682 and 788 square feet and known two bedroom unit sizes of 944; 956; 960, 992; 994; 997; 1,005; 1,100; and 1,114 square feet.

Amenities include secure fob entry to building and adjacent parking garage, hot-tub/sauna and exercise rooms and storage spaces provided to each unit owner, all located in the basement. All common areas have security cameras, as well as the garage entry. There are metered parking spaces located on the west side for guests as well as free parking spaces for handicap special needs and building trades. Each unit has an electric powered heat pump, providing both central heat and air-conditioning.

In 2017 this building was fitted with all new windows and patio doors which will help reduce individual unit hydro costs.

Let us briefly mention this buildings recent history. In 2016 the condo fees in this building went up significantly to the $600.00 per month range. The reason for this had something to do with an issue over the parking arrangement. New terms were arranged for continuance of the use of a multi-level park garage to the immediate west. $600.00 per month was a lot to be paying way back in 2016. Resale prices for a number of years after that took a hit. The condo fees going into 2023 are $663 per month plus a monthly special assessment of $65.22 in addition to the monthly condo fee until the end of 2023 to help build up the reserve fund.

We now note that the high rise builder “Old Oak Properties” has recently completed a new apartment building called “One Richmond Row” at 517 Richmond Street just around the corner to the immediate south east. It is crazy how large this new luxury rental building is. See are pictures. This new building has balconies and this new building is somewhat overpowering.

* a new luxury rental building is going in next door. See our lower pictures. Visit "OLD OAKS"; "One Richmond Row".

Property Manager

Lionheart 519-641-6868.

We are not responsible for any errors or omissions of any kind or for the accuracy or use of any of the information provided herein.

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