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London, Ontario


621-631 Cranbrook Road London Ontario, Canada

621-631 Cranbrook Rd.
"Cranbrook Estates"

621-631 Cranbrook Road

Units16

Built1979

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

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

Average MLS Selling Price 2020$344,200 (based on 3 MLS sales)

Average MLS Selling Price 2019$300,000 (based on 3 MLS sales)

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Amenities

Details:

“Cranbrook Estates”

“Front to back condos”. Two clusters of eight units each. Each unit shares a rear common wall with another unit facing the opposite direction. The design works well, however each unit only has one front entranceway and no rear windows or rear doors.

A multi-level interior design. The units facing the street enjoy front treed courtyards and the rear units, some fenced and some more open space designs. Two separate parking lots, one off Cranbrook Rd. and one off Knights Bridge Rd.

Brick and vinyl exteriors, two upper bedrooms and gas heat. One known unit size is 1,152 square feet of above grade living space. Lower levels are approximately 300 square feet of additional space. To the immediate north-west is an undeveloped “land locked” area which is a nice feature to have.

We note that the 760 Berkshire Drive complex (#24 in our Berkshire/Highland area) mimics this design style. We also note that this is a self managed project.

*In this neighbourhood 70% own, 30% rent. 36% of the population is 75+. 39% of the population live in single family homes, 31% apartments, 29% townhouses and 1% semi-style homes. 23% of the population claims immigrant status and English is the dominant language at 28%. 54% of the neighbourhood was built between 1991 – 2010 and 35% was built between 1961 – 1990.

Property Manager

CBM Property 519-495-8203



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