$159,000

$179,000For salePrice drop↓ $20,000 (11%)

#2205 389 DUNDAS Street, London East (East K) - Single Family for Sale

#2205 389 DUNDAS Street, London East (East K), Ontario, N6B3L5

1 bed1 bath1 parking650 ft²$659/mo condo feeListed 72 days ago

Overview

This 1-bedroom, 1-bathroom condo in London East is for sale offering roughly 650 sq ft of space. It has been on the market 72 days, fresher than the London East average of 86 days.

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Description

Ideal for investors, first-time buyers, or those looking for a convenient downtown lifestyle. This well-located apartment is surrounded by an excellent selection of restaurants, entertainment, and nightlife, while major transit routes and everyday amenities are just steps away. The unit features bright, open-concept living and dining area. Sun filled windows fill the space with natural light. One exclusive parking space is included. Condo fees cover heat, hydro, air conditioning, water, cable and internet. Residents also enjoy a range of amenities, including secure entry, a year-round indoor pool, sauna, party room, fitness room, and an on-site convenience store. A fantastic opportunity to own a comfortable, low-maintenance condo in a highly convenient downtown location. (id:66096)

Property Details

MLS®: X13712088
Property Type: Single Family
Zoning: DA2
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $659/mo
Fee Includes: Cable TV, Heat, Electricity, Water
Ownership: Condo/Strata
Property Tax: $1,796.2/yr

Rooms

Flat

Living room: 4.78 x 2.82 meters
Bedroom: 5.77 x 2.72 meters
Dining room: 2.82 x 2.11 meters

Main level

Kitchen: 2.21 x 2.87 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Hood Fan
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

72d

London East (East K) listings, avg age

86d

Price / ft²

$245

List price

$159K

Haho

This 1-bed single family in London East (East K) has been listed for 72 days, which is 14 days fresher than the city average of 86. Act while there is still low competition.

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Listed by ZOWN REALTY INC. · VANY KILYANA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6B)

This home lists at $159,000, about 3.2× the local median household income of $49,200.

Carrying it typically needs a household income of about $31,058 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $49,200
Population: 11,101
Median age: 38
Owner / renter: 23% / 77%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA N6B)

$159,000· $245/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $7,950

Min 5%50%

Mortgage payment$837/mo

↳ CMHC premium ($6,042 capitalized)

Property tax (est.)$150/mo

Condo fee$659/mo

Total monthly$1,646

Cash Needed to Close

Down payment (5%)$7,950

Land transfer tax$1,315

Est. closing costs$2,977

Total cash needed$12,242

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