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Property Description
Welcome to downtown London's sought after LONDON TOWERS! Empty nesters, professionals, retirees, investors and mature students will appreciate this stylish, low maintenance condo, where the maintenance fees include all utilities --HEAT, HYDRO, A/C, WATER, BUILDING INSURANCE, CABLE TV, INTERNET & ONE UNDERGROUND PARKING SPOT, plus all the fantastic building amenities! This bright turn-key condo, 1 bdrm + den (nook or quaint joint nursery to the bedroom), showcases an ideal layout with a vast living room area, kitchen (newer cupboards & flooring -2023) which includes a breakfast or prep area nook, dining room, spacious primary bedroom, as well as a sizable front closet & large outdoor balcony with preferred westerly view, offering good privacy. This building includes countless benefits including a huge heated salt water pool in the solarium room, sauna, fitness room, additional common outdoor patio, event/social room, common laundry room & convenience store (on the lower level). This tower is very quiet & well respected/cared for. On major bus route---ONLY 1 bus to UWO & all amenities! All appliances included. All furniture & kitchenware is negotiable. Why rent when you can buy affordably! Dog & cat permitted!
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Extras
Furniture negotiable
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,700 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (P1- #65)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.48' x 22.74' | L-Shaped Room |
| Dining | Main | 7.22' x 11.25' | |
| Kitchen | Main | 7.51' x 14.50' | |
| Prim Bdrm | Main | 9.51' x 14.50' | |
| Den | Main | 9.51' x 6.00' |
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London Market Statistics
London Price Trend
389 Dundas St 504 is a 1-bedroom 1-bathroom condo listed for sale at $284,900, which is $25,871 (10.0%) higher than the average sold price of $259,029 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in London declined by $35,561 (12.1%) compared to the previous 30 day period (November 19 - December 18) and up $109,029 (72.7%) from the same time one year ago.Inventory Change
There were 18 1-bedroom condos listed in London over the last 30 days (December 19 - January 17), which is up 50.0% compared with the previous 30 day period (November 19 - December 18) and up 800.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($24,062) (9.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $17,522 decrease compared to the previous 30 day period (November 19 - December 18) and ($25,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in London over the last 30 days (December 19 - January 17) stood at 94.4%, up from 83.3% over the previous 30 days (November 19 - December 18) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in London stood at 30 days when successfully sold over the last 30 days (December 19 - January 17), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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