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$275K · 2 bed Condo Apartment · East K, London East | MyPropertyScout

$274,900

Unit 704

20 DOM

2220d

Map

DOM 20

$274,900

B●●○○○DOM20days

Unit 704

Colborne Towers · 363 Colborne Street · London East · Ontario N6B 3N3

MLS® X13423784 · East K · N6B 3N3

22OwnerOccupied1000-1199 ft²Condo Apartment1-car Underground20d$250/ft²$2,615 tax/yrBuilt 198541 yrs old

2% below market · regional est. · 20 days on market

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

About this home

Colborne Towers. Downtown London - Spacious 2 bedroom, 2 bathroom apartment with south east view from the balcony. Open concept - large living and dining areas with patio doors to the balcony. Lots of cupboards and counterspace in the kitchen. Master bedroom with large closet and updated 3 piece ensuite - 2026. Storage room with laundry. Mix of carpet, vinyl and ceramic flooring. Includes appliances - fridge, stove, washer, dryer, dishwasher and microwave. Great building offers underground par…

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Property details

MLS#: X13423784
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 1000-1199
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Property features: Public Transit

Building name: Colborne Towers
Condo corp #: 119
Balcony: Open
Locker: None
Association amenities: Indoor Pool, Visitor Parking, Elevator, Exercise Room, Guest Suites, Party Room/Meeting Room
Fees include: Water Included, Building Insurance Included, Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete · Controlled Entry
Fronting on: —
Cross street: York
Basement: None
Stories: 6
Utilities: —
Laundry: In-Suite Laundry
Interior: Guest Accommodations, Intercom, Sauna, Primary Bedroom - Main Floor
Parking features: —

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Level	Room	Dimensions
Main	Foyer	2.01m × 2.34m
Main	Living Room	4.03m × 5.23m
Main	Dining Room	2.44m × 4.79m
Main	Kitchen	2.43m × 3.38m
Main	Bedroom	3.08m × 4.59m
Main	Bedroom	3.15m × 3.5m
Main	Utility Room	1m × 3m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SUTTON GROUP PREFERRED REALTY INC.

Source: TRREB/PROPTX · MLS® X13423784

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$275K

Unit 704 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $274,900✓ $2,615 tax✓ Electric✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,222/mo

incl. closing costs (yr 1)

Annual total

$38,668

year 1

Mortgage only

$1,043/mo

principal + interest

Beyond mortgage

$1,504/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$54,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$218/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,100 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

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%$2,749/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)$63/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$2,599

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)32% $12,515/yr

Property taxes13% $5,214/yr

Utilities6% $2,460/yr

Insurance & security4% $1,600/yr

Maintenance7% $2,749/yr

Condo fees23% $9,030/yr

Closing costs13% $5,100/yr

Mortgage is 32% of your true cost of ownership. The other 68% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$12,515	$1,043/mo
Government & taxes
Property tax	$2,615	$218/mo
Land transfer tax(closing)	$2,599	$217/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$2,749	$229/mo
Condo fees
Condo / HOA fees	$9,030	$752/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	$38,668	$3,222/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 704

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs