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London, Ontario


1515 Shore Road London Ontario, Canada

1515 Shore Road

1515 Shore Road

Units35 upon completion

Built2005-present

Registered as condos2008

Average MLS Selling Price 2022$1,285,000 (based on 2 MLS sales)

Average MLS Selling Price 2021$1,220,000 (based on 5 MLS sales)

Average MLS Selling Price 2020$1,038,000 (based on 4 MLS sales)

Average MLS Selling Price 2018$872,500 (based on 6 MLS sales)

Average MLS Selling Price 2017$739,500 (based on 4 MLS sales)

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Details:

"River Oaks" is on the banks of the Thames River, just to the west of the new Oxford Street West Bridge (west on Oxford St., right on Kains, right on Shore Road). These are very high-end, luxury homes (condos) near wooded areas and nature trails. Only five of these 35 lots actually have eastern rear exposure towards the Thames River. Three sides of this complex back onto forested areas. What's also nice about this complex are it's changes in elevation. Particularly attractive is the sloped front entranceway.

Mostly beige stucco and stone exteriors. Mostly brown but some black shingles. Some units have reported sizes of 2,000; 2,038; 2,096; 2,300 and 2,759 square feet. Other units are much larger in size and have the reported finished square feet number of 3,700; 3,800; 4,200; 5,300 and 6,000 square feet. For this reason, the average price indicator is not a good indicator of "average" price.

Three builders have taken honourable mentions on a bricked rear column. Their names, not in any particular order are: Domus; Harasym and Wasko. A few years back, one house was a lottery house home. London has dozens of them. One lot in 2023 remains to be built on.

Low condo fees of $185 per month in 2023. These are vacant land condos and the condo fees are called ‘monthly maintenance fees’ and include snow plowing of the road and common area landscaping.

Property Manager

Highpoint 226-663-7779



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