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1725 Ernest Avenue London Ontario, Canada

1725 Ernest Ave.

1725 Ernest Avenue

Units66

Built1993

Registered as condos1993

Average MLS Selling Price 2022$470,000 (based on 4 MLS sales)

Average MLS Selling Price 2021$413,800 (based on 8 MLS sales)

Average MLS Selling Price 2020$367,700 (based on 2 MLS sales)

Average MLS Selling Price 2019$237,200 (based on 9 MLS sales)

Average MLS Selling Price 2018$191,400 (based on 5 MLS sales)

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Details:

These are two-storey, three-bedroom townhouses with sand coloured brick, brown shingles, tan siding and white painted doors. Many have full front bricking. We note a good separation between clusters and recently rebuilt rear patio fencings. Known unit sizes are 977, 984, 1050, 1072 square feet.

Next door to the immediate north is St. Justin's Catholic School" and to the south just past Elvira Crescent is "Sir Arthur Carty Catholic School" and behind it "Ashley Oaks Park". Now look at the massive price increases of these units. This entire community, like other communities in London have suddenly gone up in price. We are living in changing times.

In this neighbourhood 56% own, 44% rent. 66% of the population has English as their primary language and only 6% of the population is 65+. If you compare this 6% number to other areas of the city or out in the country, you will quickly learn that this is one of the lowest ratios in the city. White Oaks is a community of young families. 39% of the housing stock is semi's and 61% townhouse style. This is an area with young children. 18% of the population is age 0-9.

Property Manager:

Trademark 519-719-0779



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