$465,000

$515,000For salePrice drop↓ $50,000 (10%)

#1305 505 Talbot Street, London East (East F) - Single Family for Sale

#1305 505 Talbot Street, London East (East F), Ontario, N6A2S6

2 beds2 baths1 parking1,100 ft²$553/mo condo feeListed 65 days ago

Overview

This 2-bedroom, 2-bathroom condo in London East is for sale offering roughly 1,100 sq ft of space. It has been on the market 65 days, fresher than the London East average of 74 days.

Condos for Sale in London East →All real estate in London East →

Description

Exclusive downtown living at its best! Amazing 2 bed, 2 bath unit located in the always-in-demand Azure Condominium with 1250sf.ft (Balcony). The open concept design makes for bright, expansive spaces: perfect for entertaining. There are huge floor to ceiling windows: lots of light: views of the city. Enjoy both the sunrise and sparkling city lights after dusk from your balcony. This suite will wow you with it's high-end finishes: quartz countertops in kitchen and bathrooms, premium engineered hardwood on all floors. Quality tile in all wet areas. The primary bedroom is large and has a walk-in closet, spa-worthy 3-pc ensuite with a walk-in shower. The second bedroom has fabulous light and a spacious closet. The 4-pc main bath is beautifully finished. Both bathrooms have grab bars. There is a laundry center in -suite as well as a storage room in-suite. Exclusive use to your storage locker is on the same floor. Parking spot located directly across from the elevator for easy access. Very best Amenities! 29th floor: golf simulator, exercise room, pool table, kitchenette, community BBQ, outdoor patio with ample seating& library. Guest suite available. **EXTRAS** Perfectly located in the heart of London, Budweiser Gardens, restaurants, shopping, Covent Garden Market, parks& trails along the Thames to enjoy the ever-changing colours of the seasons. Everything, right at your fingertips! (id:66096)

Property Details

MLS®: X13735966
Property Type: Single Family
Zoning: DA2, D2-50, B-33
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $553/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,579.57/yr
Listed: 65 days ago

Rooms

Main level

Living room: 6.37 x 4.05 meters
Kitchen: 2.92 x 4.36 meters
Primary Bedroom: 4.84 x 3.65 meters
Bedroom 2: 3.02 x 3.53 meters
Laundry room: 1.67 x 1.52 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Tile, Hardwood
Foundation: Concrete
Exterior: Concrete, Brick Veneer
Lot Features: Flat site, Conservation/green belt, Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

London East (East F) listings, avg age

74d

Price / ft²

$423

List price

$465K

Haho

This 2-bed single family in London East (East F) has been listed for 65 days, which is 9 days fresher than the city average of 74. Act while there is still low competition.

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Listed by THE REALTY FIRM INC. · KIM TOONK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6A)

This home lists at $465,000, about 7.6× the local median household income of $61,200.

Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.

Median household income: $61,200
Population: 13,810
Median age: 34
Owner / renter: 29% / 71%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N6A)

$465,000· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,250

Min 5%50%

Mortgage payment$2,449/mo

↳ CMHC premium ($17,670 capitalized)

Property tax (est.)$465/mo

Condo fee$553/mo

Total monthly$3,467

Cash Needed to Close

Down payment (5%)$23,250

Land transfer tax$5,775

Est. closing costs$3,895

Total cash needed$32,920

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