Apartments For Sale In London

Condos for Sale in London: Grab an Affordable Apartment in a Thriving City

London, Ontario, is popularly known as the Forest City due to its continued preservation of green and natural areas. The city was developed from a forest area based on Governor Simcoe's vision of a prosperous community. The town envisions expanding its population needs by enhancing the density of existing areas. This is achieved by increasing the maximum height of apartment buildings in downtown, transit villages, urban corridors, shopping areas, and main streets. The city also provides land to developers to construct affordable housing, including condos or apartments for sale. With a population of 422,324 and still counting through births and immigration, the city offers promising growth for investors and homebuyers looking for condos for sale in London.

A Market Update on London Condominiums and Apartments for Sale

London, a city in south-western Ontario, has a total of 2,698 listings, and the average price of houses for sale is $ 705,215 . The average price of condo apartments for sale is $ 392,673 . An interesting point to note for investors is that the average sold price for condos in London has increased by +3.71% in the last year and by +5.28% this year.

There are 295 apartments in the MLS listings of London for rent, and the average rent is $ 277,480 . The average rent has also been increasing since the beginning of this year.

Many national and international candidates in the universities are looking for an affordable apartment for rent in London. This opens up great scope for investors to earn income in the London real estate.

The expected population growth will increase the demand for residential buildings. Affordable condos and luxury condos will be in high demand in the coming years. It has also been noticed that one-floor condos are gaining so much popularity now.

Amenities in the City for a London Condo Buyer

A house that one buys becomes a true treasure only when it is the perfect kind, and the facilities of a city come together as a combo. If any of these fail, the result will be dissatisfaction, money loss, or slow property appreciation. London city has something good to offer its youngsters, families with children, and those enjoying their retirement life.

Schools Near London Condos for Sale

London schools are governed by one of two public boards: The Thames Valley District School Board or The London District Catholic School Board. The former is an English-medium board with over 160 schools, more than 80,000 students, and 13,000 employees, making it the biggest board in the locality. The latter is in charge of the Catholic schools of this area, teaching children Catholic values in addition to academic education in English.
The city has numerous schools that provide superior education to children in London, Ontario. The table below shows the list of schools that assure quality education according to the Fraser ranking.

School	Neighbourhood
London Central Secondary School	Old North / Downtown
Oakridge Secondary School	Oakridge
Mother Teresa Catholic School	Sunningdale / North
St. Thomas Aquinas Catholic Secondary School	Oakridge
A. B. Lucas Secondary School	Northridge
St. Andre Bessette Catholic	Hyde Park
Sir Frederick Banting Secondary School	West London
Masonville Public School	Masonville
John Dearness Public School	Hazelden
Jack Chambers Public School	Stoneybrook Heights & Uplands
St. Kateri Separate School	Masonville

There are 102 properties in London with high school ratings. As an owner of a London condo, your child will have access to top-quality education. In addition, properties near schools appreciate over time compared to other areas, and the amenities around the schools will be of top-notch standards.

Colleges for the London Population

London has earned the title of learning hub as it is home to major universities and colleges.

Western University of Canada or University of Western Ontario

The University was established in 1878 on nearly 500 hectares of land for research and professional studies in medicine, business, law, and engineering. The campus has over 40,000 students, including the nation's elites and international scholars from 126 countries. These numbers indicate the increased demand for affordable housing options in the locality. Apartments for rent in London are the prime choice of students. The university also serves as an employer for more than 12,000 people, ranging from full-time senior positions to part-time work. The permanent faculty in the university has long-term plans and a demand for easily manageable homes. Modern and smart condos for sale in London are a preferred option for them. If you want to check your financial potential to buy a condo for sale in London, use a mortgage calculator tool, and find out whether you can afford a luxury condo or need to be satisfied with an affordable one.

Huron University College, King's University College, and Brescia University College are the colleges affiliated with Western University, offering courses in various domains of higher education.

Fanshawe College

This college is built on 100 acres to serve the main Oxford Street campus, the School of Transportation Technology and Apprenticeship, and the Norton Wolf School of Aviation and Aerospace Technology. The college has more than 40,000 students engaging in certificate programs to research degrees. The accumulation of student population near the downtown area gives the land a title of properties best for investments.

St. Peter’s Seminary

Unlike the other colleges in London, this college is to teach the priests of the Catholic Church. The college has been teaching theology to seminary students and commoners since 1912. This is one of the oldest English-speaking Roman Catholic seminaries. Over the years, it has produced bishops, priests, deacons, and lay leaders to serve the people in faith and belief.

A Pool of Public Libraries in London

London has a central library at Dundas Street and 15 other branches across its various neighbourhoods namely Beacock Library, Bostwick Library, Byron Library, Carson Library, Cherryhill Library, Crouch Library, East London Library, Glanworth Library, Jalna Library, Lambeth Library, Landon Library, Masonville Library, Pond Mills Library, Sherwood Library, and Stoney Creek Library. If you buy a condo in London, you will never be short of books to read, and during holidays, an online library is at your service if you are an e-book lover.

Travelling in London

London's walkability score is lower than 50, making it a vehicle-dependent city. Yet some neighbourhoods, such as the ones near Victoria Park, have scores above 80, making walking for errands feasible. So, if you prefer walking for your daily purchases or activities, look for apartments for sale in London's downtown core.

LTC, or the London Transit Commission, manages the public bus network, VIA Rail facilitates train services, and HW401 and HW402 connect Londoners to neighbouring places. The London International Airport has regular domestic and seasonal International flights for air transport.

If you need to commute via public transport to work, be assured that there are enough parking lots at the stations. You can easily park your vehicle and take the train or bus to your workplace.

Hospitals to Take Care of Your Health

London Health Sciences Centre (LHSC)

University Hospital at 339 Windermere Road
Victoria Hospital at 800 Commissioners Road East
Children’s Hospital at 800 Commissioners Road East

St. Joseph’s Health Care London

Joseph’s Hospital in Downtown London
Parkwood Institute at 550 Wellington Road South
Mount Hope Centre for Long Term Care at 21 Grosvenor Street
Southwest Centre for Forensic Mental Health Care, 401 Sunset Drive

Shopping in London, Ontario

In addition to the local shops, farmer's market, vintage shops, and street vendors in the neighbourhood, the town also has some major shopping centres. CF Masonville Place at 1685 Richmond Street North and White Oaks Mall at 1105 Wellington Road have more than 150 stores and services to look into. These malls have restaurants and entertainment areas to make shopping a complete experience.

Highlights of London for Its Condo Dwellers and Tourists

London city offers many locations and opportunities to explore nature, relax, and get entertained.

Parks and Trails Near Your London Condo

Victoria Park

Victoria Park is one of the major parks in the town, on 7.3 hectares of land. Many annual events and festivals, namely the Sunfest (July), the Home County Folk Festival (July), the London Ribfest(end of July or early August), the International Food & Drink Festival(June) and Snowfest (February), are hosted here. The park has an ice skating rink and a skate park for the skating lovers in London. Squirrel fishing is also a recreational activity in this park. So a condo for sale in London near the streets of Richmond Street, Colborne Street, Cheapside Street, and Craig Street offers walkability to Victoria Park.

Springbank Park

Springbank Park is the largest park in London, with a land space of 300 acres along the River Thames. The park also features a 20-mile walking trail, Storybook Gardens, a carousel, and ice skating trails.

The Thames Valley Trail

The Thames Valley Trail is a 110 km walk along the Thames River and its tributaries. The trail passes through the major Parks of the city: Springbank Park, Greenway Park, Thames Park, and Gibbons Park. This trail is a tempting factor among families and retirees who want to buy a condo in London's neighbourhoods of Oakridge, Byron, Pond Mills, Jackson Meadows, Summerside, and Old North.

Boler Mountain

Boler Mountain is in the Byron neighbourhood with activities for its inhabitants and tourists throughout the year. Activities in winter include skiing, snowboarding, and all the fun of snow. Summers pave the way for mountain biking, hiking, beach volleyball, yoga sessions, zip line, and aerial activities at Treetop Adventure Park.

Places With Historic and Cultural Significance

St Peter's Cathedral Basilica
Museum of Ontario Archaeology
Museum London
Fanshawe Pioneer Village
Eldon House
Covent Garden Market

Key Neighbourhoods for Apartments for Sale in London, Ontario

Blackfriars

This historic village near the River Thames has great culture, tradition, history, and a suburban landscape. The region has a mix of old constructs, renovated residences and newly built ones with condos for sale and apartments for rent across Summit Avenue, Rathowen Street, Blackfriars Street, Edinburgh Street, Britannia Avenue, Albion Street, and Mount Pleasant Avenue.

Oakridge

The neighbourhood of Oakridge is to the north-west of London. The region features detached homes on larger lots with mature trees. Newly built homes across the streets of Oakridge Drive, Whetherfield Street, Beaverbrook Avenue, Sugarcreek Trail, Castlegrove Place, and Wonderland Road are where you can find condos for sale and rent in London. This family neighbourhood has Oakridge Optimist Park, Oakridge Pool, Oakridge Arena, Storybook Gardens, and Canada Games Aquatic Centre for children and adults to play, walk, or get involved in recreational activities.

Downtown London

Downtown London is the ideal location for professionals and students who love to be in the vibrancy and hype of city life. The entertainment, food, and shopping experiences across the streets of the downtown, namely Richmond Street, Dundas Street, Wellington Street, and York Street, are worth the price. Victoria Park, Harris Park, Fork of Thames, and Gibbons Park offer a mini pack every weekend or an evening to relax and refresh. If you want to balance your professional and social life with proper home maintenance, then undoubtedly a condo for sale in London is your pick for the day.

Westmount

The neighbourhood of Westmount is located in the southwest region of London, featuring an array of homes of different styles, ages, sizes, and prices. The eastern portion is dominated by detached homes from an early era, whereas towards the west, modern constructs line the streets of Wonderland Road South and Southdale Road East. Shopping malls, parks, pools, community spaces, and top-rated schools are not an exaggeration in this area.

Masonville

The neighbourhood is defined as one of the best places to live in London. It receives equal likes from families, professionals, students, and retirees. The area has houses dating back to the 1960s, but it also has pre-construction London condos for sale and apartments to be leased at any time. This neighbourhood also has Carriage Hill Park, a public library, walking trails, play areas, games, sports courts, and much more for its dwellers.

A Note to Read Before You Attend an Open House in London, Ontario

Open houses play a major role in saying yes to any home. The impressions that one receives from the environment push people to jump on a deal. But sometimes, at a later stage, they realise what they saw is not what is real. So, keep your eyes and ears open when you attend an open house in London, and do not be fooled by staging. Here are some points you should look for in particular.

Look beyond those freshly painted walls and beautifully placed wall decorations. They could hide a leakage or a mould stain.
On the floors, check whether everything is even, whether there are any mismatched materials, or whether a new flooring is under a magnificent rug. Large movable storage spaces can also be placed where the floor is faulty.
You may fall in love with those strong fragrances at the condo for sale in London, but sniff like a dog and smell the odours around you.
Professionally staged homes for sale in London may appear bigger and more appealing. But make sure your furniture fits in those rooms, and no offence if you carry a measuring tape to compare the ones in the room with yours.
Check how much natural light you can enjoy in that apartment for sale in London.
Look who stays next door. A noisy person or someone with antisocial behaviour could only add to headaches later.

Thinking Too Much About Buying a Condo in London?

The London housing market trend is in favour of buyers and investors. The city plans to improve its infrastructure and provide homes for everyone. Don't wait too long to invest, as prices may rise. Check your eligibility for a mortgage, meet a realtor, attend open houses, find your neighbourhood, and fix the deal.