$489,900

$499,900For salePrice drop↓ $10,000 (2%)

#1406 505 TALBOT Street, London East (East F) - Single Family for Sale

#1406 505 TALBOT Street, London East (East F), Ontario, N6A2S6

3 beds2 baths2 parking1,300 ft²$556/mo condo feeListed 27 days ago

Overview

This 3-bedroom, 2-bathroom condo in London East is for sale offering roughly 1,300 sq ft of space. It has been on the market 27 days, fresher than the London East average of 74 days.

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Description

Be Quick Priced to Sell! Excellenct Opporunity to Own in London's Premier Downtown Condo Azure. With Parking at a Premium having 2 Parking Spots is Difficult to Get! (Additional Parking Spot Valued at $50,000!) Bright Executive Tricar Azure 2 Bedroom + Den with 2 Side-by-Side Premium In-Door Parking (P6-31 / P6-32) and 2 Full Bathrooms. Greenwich Layout is 1,255 Sq Ft with Large Balcony 14'9" x 6' Sq Ft. Balcony. Hardwood throughout, with Premium Carpet in the Bedrooms complete the White Quartz Counters and Modern White Shaker Cabinetry. Custom Blinds throughout with Heavier Black-Out Blinds in the Bedrooms. Master Bedroom has Large Walk-In Closest, Ensuite Bathroom with Walk-In Shower. Guest Bedroom is Located Directly Across the Guest 4-Piece Bathroom. Ensuite Laundry. Fridge, Stove, Dishwasher, Microwave, Washer, Dryer Included. 29th Floor Amenities Include Patio with Gas Fire Pit. BBQs, Patio Furniture (overlooking Thames River), Professional Exercise Centre, Pool Table, Golf Simulator, Kitchen, Library. Azure also has a Guest Suite! Condo fees include Heating, Air Conditioning, Water, Building Insurance and Maintenance. London's First LEED Certified Building (Enviromently Friendly!). (id:66096)

Property Details

MLS®: X13884386
Property Type: Single Family
Zoning: DA2-D250-B33
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $556/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,532/yr

Rooms

Main level

Kitchen: 3.35 x 4.03 meters
Great room: 6.01 x 3.81 meters
Den: 3.04 x 4.03 meters
Primary Bedroom: 4.72 x 3.42 meters
Bedroom: 3.04 x 2.97 meters
Other: 4.49 x 1.82 meters
Bathroom
Bathroom

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Flat site, Balcony, In suite Laundry

Services

Utilities: Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

London East (East F) listings, avg age

74d

Price / ft²

$377

List price

$490K

Haho

This 3-bed single family in London East (East F) has been listed for 27 days, which is 47 days fresher than the city average of 74. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · MIKE HARRIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6A)

This home lists at $489,900, about 8.0× the local median household income of $61,200.

Carrying it typically needs a household income of about $95,695 (20% down, 25-yr amortization, stress-tested) — roughly 56% 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)

$489,900· $377/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,495

Min 5%50%

Mortgage payment$2,580/mo

↳ CMHC premium ($18,616 capitalized)

Property tax (est.)$461/mo

Condo fee$556/mo

Total monthly$3,597

Cash Needed to Close

Down payment (5%)$24,495

Land transfer tax$6,273

Est. closing costs$3,970

Total cash needed$34,738

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