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271 Thames Street North “River Thames Condominiums” Woodstock Ontario, Canada

271 Thames Street North
"River Thames Condominiums"

271 Thames Street North

Units22

Built1970

Registered as condos2011

Average MLS Selling Price 2022$361,800 (based on 6 MLS sales)

Average MLS Selling Price 2021No MLS sales

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Amenities:

Details:

These units built back in 1970 spent the first thirty years of their life as rental units. Even after registered as condos many of these units remained tenant occupied. Neighbouring properties to the immediate north were also built to the same style and continue on as rentals.

Three-bedroom two-story units with no basement and flat roofs. One cluster of eight units greet you on the right hand side (units #1-8), followed by the next two clusters of six units each (units #9-15 and units #16-21). Off-white coloured brick, some with patterns to them, upgraded windows and doors and upper 'mansard styled' rooflines both front and back on individual units. Slate coloured doors. Rear doors to small patio areas with side fencings. Known sizes are 913; 1,075; 1,190 and 1,200 square feet.

Sharing the entranceway is a low rise apartment complex to the rear and there are rental condo units on both the south and north side of this project. There are also areas of greenery to the rear. This is a child friendly neighbourhood. The condo fees going in 2023 where in the $280.00 per month range. The heating systems are a tad unusual, being natural gas wall furnaces and electric. Driving south on Thames Street takes you to the downtown core. For many years these units sported a 'Skyline Rental' sign.

With real estate prices rising so quickly all across this region these units are finally starting to appreciate in value.

* In this neighbourhood 35% own, 65% rent. 44% of the units in this neighbourhood are apartments, 33% single family homes, and 21% row house style. 51% of this neighbourhood was built between 1961 and 1990. 96% of the population speaks English as their first language and 97% of the population claims non-immigrant status.

Property Manager:

Neighbourhood 519-485-1594