Condos In London
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Real Estate Broker & London Condo Advisor. 24 years helping buyers and sellers in London's condo market get the right price, the right terms, and straight advice. Privacy and safety issues are important to us, and to that end we're pleased to offer a variety of links to Internet resources, within this website. Questions regarding this statement should be directed to me/us. Personal information wil
07/30/2026
Whom Do You Believe About the Real Estate Market in London, Ontario?
Everyone has an opinion about the real estate market in London, Ontario. There are the so-called gurus, the economists, the appraisers, the mortgage providers, the Realtors, your dry cleaner, Uncle Bob, and the ever-present "they."
So how do you actually know what the market is doing right now?
Most people assume the price a home is listed at — or sold for — tells the story. It doesn't. Neither does the interest rate headline of the week, or "it's springtime, so it's a seller's market." None of that is a reliable way to risk your hard-earned money.
There are exactly two numbers that tell you what the market is doing right now — not where it's headed, not where it might go, but where it actually stands today.
Read the full post in the first comment
07/27/2026
Downsizing Your Home: What It Really Takes to Do It Right
If you're reading this, you're probably not looking for a definition of "downsizing." You already know what it means — smaller house, fewer stairs, less to manage.
What you're really trying to figure out is whether it's the right move for you, and whether you can trust the process to get there without losing money, time, or sleep.
This guide breaks downsizing into eight manageable steps, from deciding "why" to settling into life on the other side.
If you're weighing this move, the biggest risk isn't doing it — it's doing it without the right guidance.
Read the full article in the first comment
07/21/2026
Four Condo Pricing Strategies Sellers Use
Condo pricing in London works the same way house pricing does — the number on the listing is a decision, not the final word.
Some sellers leave room to negotiate. Some price below value to move fast. Some price it right and expect a quick, clean sale.
Here's how to read the difference before you make an offer: https://enveloperealestate.com/blog.html/four-home-pricing-strategies-sellers-use-ty-lacroix-8865190
07/17/2026
Should You Base Your Real Estate Decisions on Just Cash Flow?
Basing real estate investment decisions solely on monthly cash flow is a costly mistake. Experienced investors evaluate the full picture — equity paydown, tax deductions, appreciation, and leverage — across a minimum 10-year window. In London's 2026 market, where average single-family rents are approximately $2,500/month and home prices average $621,700, the math rewards patience and strategy over short-term cash-flow chasing.
So many beginning real estate investors will decide whether a property is good or bad based on a single question: "Will it produce positive monthly cash flow?"
That is a very limited way to look at an investment.
Sometimes there is no simple answer when you are trying to build real wealth.
There are several things real estate investors — beginners and experienced alike — should be weighing before they make that call.
Read more in the first comment below
07/15/2026
What Every Condo Buyer and Seller in London, Ontario Should Know Before It's Too Late
Condo transactions in London, Ontario, carry risks not found in freehold home sales.
A status certificate review, reserve fund analysis, investor-to-owner ratio, and full disclosure of known defects are not optional steps — they're the difference between a clean transaction and a costly legal dispute.
See the link in the comments for the full post on protecting yourself when buying or selling a townhouse, townhome, or apartment-condo.
07/15/2026
Move-In Ready 3 Bedroom Townhouse For Rent $2,450 at 1320 Savannah Drive London Ontario
https://www.realtor.ca/real-estate/30034927/87-1320-savannah-drive-london-north-north-c
07/13/2026
Two condos in the same London, Ontario building. Same document. Two lawyers. Two completely opposite conclusions.
One says the status certificate is fine. The other tells their client to walk.
Who's right?
That's the question at the centre of every condo transaction — and it's not just status certificates. It's the roof with four opinions on how much life it has left. The condo fees that were wrong by $113. The parking spot that didn't exist as listed. The appraiser who didn't agree with the price the buyer and seller had already agreed on.
In every London, Ontario condo sale, buyers, sellers, agents, inspectors, appraisers, and lawyers are all working from their own version of the same facts — and all certain they're right.
The data is the only thing that doesn't argue. Well-priced condos move. Overpriced ones sit, reduce, and sell for less than they were worth on day one.
After 24 years in this market, the question I help buyers and sellers answer before they sign anything is simple: is the price defensible against real comparables, or is it perception with a number attached?
That conversation is worth having before the merry-go-round starts.
[See The Link in the first comment]
07/07/2026
Selling or Buying a Townhouse in London, Ontario, This Summer? Here's the Real Picture.
The market right now — from current LSTAR data: 5.0 months of inventory, 97.4% sale-to-list ratio, 26-day median. London's condo market includes apartment-style units, townhouses, and townhomes, and each type is behaving slightly differently right now.
Condo sellers: inventory is elevated, which means buyers have options and will compare your unit carefully against everything else available at the same price. Accurate condo fees, a current status certificate ready to go, and a listing that reflects the unit's actual condition and square footage are not optional — they're what keeps a serious buyer from walking before they ever write an offer.
Condo buyers: summer is one of the better times to buy. Motivated sellers, less competing buyer pressure, and real room to negotiate — especially on units that have been sitting. Know your full monthly carrying costs: mortgage, condo fees, property tax, and parking. Get pre-approved before you look. And make sure your Realtor reviews the status certificate properly — not just flags it as received.
The full breakdown — for both sides, with the game plans — is on the blog.
[Link in first comment]
07/06/2026
Averages don't tell you what your condo is worth in London right now — and they definitely don't tell you what to offer.
June 2026 numbers are in across ten London neighbourhoods. The spread between one pocket and the next can be $200,000 or more.
If you're buying or selling a condo and making decisions based on city-wide averages, you're working with the wrong number.
See what June actually looks like in the areas that matter:
👉 [in first comment]
07/02/2026
You Haven't Bought a Home in 15 Years. The Closing Costs Are Not What You Remember.
https://enveloperealestate.com/blog.html/home-buyer-closing-costs-in-london-ontario-2026-ty-lacroix-8865208
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