$284,000

For saleJust listed

#303 440 Wellington Street, London East (East F) - Single Family for Sale

#303 440 Wellington Street, London East (East F), Ontario, N6A3P2

1 bed1 bath1 parking850 ft²$797/mo condo feeListed 3 days ago

Overview

This 1-bedroom, 1-bathroom condo in London East is for sale offering roughly 850 sq ft of space. Listed at $284,000, it is attractively priced about 16% below the $339,900 median asking price in London East. It has been on the market 3 days, fresher than the London East average of 74 days.

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Description

Discover the pinnacle of downtown living in this stunning oversized one-bedroom condo, easily convertible back to two bedrooms, perfectly located across from One London Place. This top-floor gem with over 1000 square feet, offers breathtaking views of Downtown London and combines modern updates with charming architectural character. The spacious open-concept layout is ideal for both entertaining and everyday life, featuring in-suite laundry and a private balcony with convenient access from Wellington Street, perfect for soaking in the vibrant city atmosphere. This exceptional property comes with a designated parking spot and an additional guest pass, ensuring your visitors feel right at home. Just steps away from Victoria Park, Covent Garden Market, and the Grand Theatre, you'll be immersed in the best of London's culture, shopping, and dining. The beautifully landscaped common area provides a serene retreat at the end of the day, while the secured entry offers peace of mind. This condo is not just a place to live; it's a lifestyle waiting to be embraced. Don't miss this opportunity to make it your own schedule your viewing today and step into the life you've always dreamed of! (id:66096)

Property Details

MLS®: X14143934
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Electric
Cooling: None
Garage: No Garage
Condo Fee: $797/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,386/yr
Listed: 3 days ago

Rooms

Main level

Kitchen: 5.48 x 5.48 meters
Primary Bedroom: 4.87 x 4.26 meters
Living room: 5.48 x 6.7 meters
Dining room: 5.18 x 2.74 meters

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

Features

Exterior: Brick, Stone
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

London East (East F) listings, avg age

74d

Price / ft²

$334

List price

$284K

Haho

This 1-bed single family in London East (East F) has been listed for 3 days, which is 71 days fresher than the city average of 74. Act while there is still low competition.

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Listed by TEAM GLASSER REAL ESTATE BROKERAGE INC. · JESSICA DIEROFF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6A)

This home lists at $284,000, about 4.6× the local median household income of $61,200.

Carrying it typically needs a household income of about $55,475 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$284,000· $334/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,200

Min 5%50%

Mortgage payment$1,496/mo

↳ CMHC premium ($10,792 capitalized)

Property tax (est.)$282/mo

Condo fee$797/mo

Total monthly$2,575

Cash Needed to Close

Down payment (5%)$14,200

Land transfer tax$2,735

Est. closing costs$3,352

Total cash needed$20,287

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