Western University
London
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Specializing in Sales, Rentals and Investments for Condominiums!
600 Sarnia Road
600 Sarnia Road
Units46
Built2007
Registered as condos2005
Average MLS Selling Price 2022$594,000 (based on 4 MLS sales)
Average MLS Selling Price 2021$431,400 (based on 2 MLS sales)
Average MLS Selling Price 2020Sample size (1) too small to report
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Details:
"Western Crossing"
"Domus Built". Purpose-built, three plus two bedroom units built for rental purposes and owned mainly by investors. Built with one block of 2 units, two blocks of three units, four blocks of five units and one block of six units. Note that they are all vinyl exteriors with an absence of rear decks. Known unit sizes of 1275, 1280, 1300 and 1386 sq. ft. Each unit has a rear door with primitive wooden steps leading down to the ground level.
Rear train tracks slightly below grade abut the southern side of this complex. Outdoor open parking and minimal landscapings. On the plus side is the purpose built design. Each unit has three upper bedrooms with an upper four piece bathroom, a main floor kitchen and livingroom/diningroom area and on the lower level two more additional bedrooms with legal sized windows and a second four piece bathroom. What a clever way to accommodate the needs of five different occupants. Known unit sizes of 1,275 and 1,280 square feet.
Note also the large "for rent" billboard sign posted on the side wall of one of the clusters on the easterly side of the complex when you first drive in. Once again, this complex was built for rental purposes.
The condo fees in 2021 are in the $280.00 per month range.
In this neighbourhood 30% own, 70% rent. 79% of the housing stock is row house style and 21% are apartments. 75% of the neighbourhood was built 1991 - 2020. 38% of the adult population has university degrees. 50% speak English; 19% Arabic; 6% Spanish; 5% Mandarin and 4% other languages.
Property Manager: EQB Ltd.
EQB 519-472-0110