Western University
London
Your Condo World
Specializing in Sales, Rentals and Investments for Condominiums!
1 Jacksway Cres.
5 Jacksway Cres.
9 Jacksway Cres.
15 Jacksway Cres.
"Masonville Gardens"
1 Jacksway Crescent
5 Jacksway Crescent
9 Jacksway Crescent
15 Jackway Crescent
Units326
Floors4
Built1990
Registered as condos2014
Average MLS Selling Price 2022, 1 bedroomSample size (1) too small to report
Average MLS Selling Price 2022, 2 bedroom$467,075 (based on 15 MLS sales)
Average MLS Selling Price 2022, 3 bedroomNo MLS sales
Average MLS Selling Price 2021, 1 bedroom$320,000 (based on 2 MLS sales)
Average MLS Selling Price 2021, 2 bedroom$359,700 (based on 15 MLS sales)
Average MLS Selling Price 2021, 3 bedroom$398,300 (based on 3 MLS sales)
Amenities
Details:
These units face onto Richmond Street and are a short bus ride north of the university next to the Masonville Mall. Shopping, restaurants and movie theatre close by. Many students going to the University of Western Ontario find this to be an easy and convenient place to live. Note the large number of units and the affordable pricing. Please read our Tuesday, February 21st, 2012 blog entitled "Jacksway Condos – Revisiting our December 15th Blog" to learn more about some of the history of these buildings.
In 2015 and 2016 these condo clusters have received extensive exterior renovations. Renovations cost money. New stucco exteriors, balcony work and new windows. Special assessments were imposed on each unit to help pay for the cost of these improvements.
The London Free Press posted an article on November 9, 2017 entitled "Owners caught in legal crossfire at north London condo complex". The article mentions a legal battle between their own condominium corporate board and a construction company that was fired from a multi-million dollar renovation contract. The article also states that there are about seventy owners of the 326 units.
As mentioned in many of our past blogs, many units are owned by investors who sometimes rent them out to students.
More details to follow.
As reported in the News in 2019, nearly half of the parking lots at Masonville Place next door to the north and east could be developed by new development including residential towers in the coming years. The tallest building, up to 22 storeys as currently proposed, would be built facing Richmond Street. Google Cadillac Fairview Masonville Place proposal.
The "new" Masonville Gardens. A totally renovated condo project is sure to impress - you won't believe the transformation. Upgrades include: parking lot, sidewalks, roofs, windows and window blinds, complete building envelope, secured building entryways, air conditioned hallways, balconies, patios, and all wood burning fireplaces have been swapped out for brand new gas fireplaces. Parking and plenty of visitors parking. Free on-site laundry. Most of the units in this building are two bedroom units with two different design styles. We also note that the main floor units are built half in the ground.
One known size of a one bedroom unit is 740 square feet. The two bedroom units are typically in the 800; 821; 885; 900; 925 and 966 square feet range. The three bedroom units are typically 1,000; 1,028 or 1,043 square feet. The condo fees in 2021 on a one bedroom unit are in the $288.00 per month range. The two bedroom condo fees in 2021 are in the $412.00 per month range and the three bedroom unit condo fees are in the $478.00 per month range.
Property Manager
Dickenson 519-666-2332