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$215K · 1 bed Condo Apartment · East K, London East | MyPropertyScout

$215,000

Unit 1705

137 DOM

11137d

Map

⚡ Insider Deal

DOM 137

↓ $24,900Price ReducedMotivated Seller/Vacant Property

$215,000

A●●○○○DOM137days

Unit 1705

London Towers · 389 Dundas Street · London East · Ontario N6B 3L5

MLS® X12785710 · East K · N6B 3L5

11Vacant900-999 ft²Condo Apartment1-car Underground137d$226/ft²$1,911 tax/yrBuilt 198541 yrs old

19% below market · regional est. · 137 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Move-in ready and beautifully updated, this bright southwest-facing condo offers exceptional value for first-time buyers, downsizers, or investors seeking a turnkey home with all-inclusive condo fees. The thoughtfully renovated interior features all-new luxury vinyl flooring in the living room and kitchen, freshly painted living space, and a modern kitchen designed for both function and style. Highlights include quartz countertops, a kitchen island with storage and dimmable pendant lights, fresh…

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Property details

MLS#: X12785710
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 900-999
Style: Apartment
Type: Condo Apartment
Year built: —

Roof: Unknown
Property features: Public Transit, School

View: Downtown

Building name: London Towers
Condo corp #: 173
Balcony: Open
Locker: Common
Association amenities: Bike Storage, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Exercise Room
Fees include: Heat Included, Hydro Included, Water Included, Cable TV Included, Common Elements Included, Building Insurance Included, Parking Included, CAC Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Other
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete · Deck, Security Gate, Controlled Entry
Fronting on: —
Cross street: CORNER OF DUNDAS AND COLBORNE
Basement: None
Stories: 16
Utilities: —
Laundry: In Building
Interior: Separate Heating Controls
Parking features: Underground

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Level	Room	Dimensions
Main	Kitchen	2.92m × 2.79m
Main	Living Room	5.14m × 5.38m
Main	Bedroom	2.92m × 2.79m
Main	Bathroom	2.38m × 1.45m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: BLUE FOREST REALTY INC.

Source: TRREB/PROPTX · MLS® X12785710

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$215K

Unit 1705 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $215,000✓ $1,911 tax✓ Other✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,019/mo

incl. closing costs (yr 1)

Annual total

$36,229

year 1

Mortgage only

$816/mo

principal + interest

Beyond mortgage

$1,589/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$43,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$159/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$2,150/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$68/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$1,875

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)27% $9,788/yr

Property taxes10% $3,786/yr

Utilities11% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance6% $2,150/yr

Condo fees27% $9,845/yr

Closing costs14% $5,100/yr

Mortgage is 27% of your true cost of ownership. The other 73% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$9,788	$816/mo
Government & taxes
Property tax	$1,911	$159/mo
Land transfer tax(closing)	$1,875	$156/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$2,150	$179/mo
Condo fees
Condo / HOA fees	$9,845	$820/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$36,229	$3,019/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1705

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs