181 Skyline Avenue London Ontario


   181 Skyline Avenue is an enclave of 36 freehold town homes in North Uplands in London Ontario. Named "The Residences of Stonebrook" these high end quality homes were first started by "The Z Group" and finished by the quality builder "Premium Homes".

         181 Skyline Avenue London Ontario

  Depending on the model and upgrades, prices have started in the low $400,000's and as high as $611,000!

 In 2015, the average price was $441,693 and these took about 31 days to sell and in 2016, there was one sale at $419,000 and took about 16 days to sell!

 Uplands is a relatively newer area of London with a great cross section of executive style homes, one floor bungalows and a great selection of one floor condo homes, both attached and detached.

   Living in Uplands is convenient to a major shopping area in the masonville Mall area , churches, schools, dining, golf courses and other recreation venues and attractions.

  All Condos in London Ontario For Sale on MLS

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Freehold Condos, What Does it Mean?


  With a freehold condominium, the owner not only owns the unit he or she purchased but also the land on which the building stands. The property improvements, roof and windows etc. are the owner's responsibility.

  There are several advantages to owning a freehold condominium. First off, the investment is much more valuable, since land is a very valuable part of real estate . A freehold condominium may allow you to make some improvements in the lawn and other landscaping areas, however,  the condo corporation will retain some control over what the freehold owner can or can't do with the property.

  Regular condo ownership means that the cost of improvements or repairs is shared by all the owners, freehold means the individual owner bears the cost alone.

  Keep in mind that while the ownership and upkeep of land and buildings is up to the freehold owner, maintenance of common property elements such as green areas, ponds, parking, etc. is shared among the owners, as determined by the condo corporation and the fee is usually a lot less than a regular condo fee.

  It is very important that when considering buying a free hold condominium and putting in an offer, that you have a clause allowing your lawyer review what is called the "Status Certificate" It will disclose many things but you should know up front, such as,  how much the fee is, what it covers and what you can and cannot do to your property!

Condos for sale in London on MLS


What Part of You is Buying the Condo, Your Brain or Your Heart?


When you go shopping for a house or condo to buy, there are actually two homes competing for your attention: the one that meets your needs, and the one that fulfills your desires. 

  looking to buy a house or a condo in London Ontario

 In one of the greatest financial books ever written, 'The Richest Man in Babylon',George Clason writes that there are two kinds of study: the one kind being the things we learned and knew, and the other being the training that taught us how to find out what we did not know.

I read this book yearly to refresh and remind myself of some real simple financial basics, while very simple and easy to do, most Canadians do not follow, perhaps because it is so simple to make wise financial decisions.

When it comes to buying a house or a condo in London Ontario, I see many people , professionals especially, while well educated in their profession (I hope), buy or sell real estate without finding out what they do not know.

It is like a person complaining of a sore belly, goes to their doctor and tells the physician that Dr. Google says it is blah blah blah! The kind physician ( the one not rolling their eyes or thinking "Oh no,here we go again) will ask questions, identify the cause or the remedy and treat the problem.

In real estate the same thing, wise, intelligent people listen to what their neighbour or co-worker says, read "how to save thousands when buying real estate', or watch all those reality shows and then become experts in buying a house or a condo.

Home sellers and their real estate representative love you, because you are the one who overpays for a home (yet brag that you got a good deal, yadayadayaa) or find out that the home has structural issues or a neighbourhood stigma .

Getting back to The Richest Man in Babylon, why not let your ego sit down for awhile and find out what you do not know about buying or selling a home? In real estate we do not have a Dr. Google, but we have everyone who has ever bought or sold a home as experts on how to buy or sell a home.

If I offended anyone by being blunt with the last paragraph, hopefully I have at least brought more awareness that perhaps you do not have all the answers and that a professional Realtor may be your greatest asset.

You may think money dictates your decision and in some cases you may be right. But about 85% of the time, you would be surprised at the results you can get when working a professional Realtor and these tools in the tool kit below.

Envelope real Estate Buyers Toolkit