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BEDROOMS2
BATHROOMS1
KITCHENS6 + 2
ROOMSX10433506
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Property Description
Welcome to 500 Talbot, a clean, well run and maintained condo right in the downtown core. Walk to Bud Gardens, the Grand Theatre, Victoria Park, Harris Park, restaurants, shopping, and all the amenities downtown London has to offer. This spacious 2 bedroom unit includes 2 full bathrooms, a walk in closet in the principle room, 2 fireplaces, newer laminate flooring in bedrooms, updated kitchen with stone counters, in-unit laundry, and a covered balcony. Appliances included! Building amenities include an exercise room, sauna, and party room, as well as underground parking (1 spot included with unit) and basement storage locker. Very convenient living with nothing to do but unpack
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-11 | 2024-09-16 | 97 | $389,900 | - | Suspended |
2022-06-06 | 2022-06-16 | 13 | $399,900 | $427,000 | Sold |
2012-01-26 | 2012-02-26 | 31 | $189,900 | $184,100 | Sold |
2005-08-16 | 2005-08-31 | 16 | $174,900 | $172,900 | Sold |
2012-10-31 | 2012-11-23 | 23 | $269,700 | - | Terminated |
2012-10-11 | 2012-10-30 | 19 | $279,700 | - | Terminated |
2012-09-05 | 2012-10-11 | 36 | $289,700 | - | Terminated |
2006-07-12 | 1900-01-07 | -38,902 | $182,900 | - | Terminated |
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,723 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Flat | 7.91' x 9.28' | |
Living | Flat | 19.39' x 22.15' | Fireplace |
Dining | Flat | 8.07' x 8.37' | |
Kitchen | Flat | 7.84' x 8.37' | |
Prim Bdrm | Flat | 17.03' x 16.14' | Fireplace |
2nd Br | Flat | 13.42' x 10.17' |
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London Market Statistics
London Price Trend
500 Talbot St 303 is a 2-bedroom 2-bathroom condo listed for sale at $369,900, which is $40,957 (10.0%) lower than the average sold price of $410,857 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $10,584 (2.6%) compared to the previous 30 day period (September 24 - October 23) and up $97,607 (31.2%) from the same time one year ago.Inventory Change
There were 69 2-bedroom condos listed in London over the last 30 days (October 24 - November 22), which is down 0.0% compared with the previous 30 day period (September 24 - October 23) and up 2,200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($16,499) (4.0%) below asking price over the last 30 days (October 24 - November 22), which represents a $7,780 decrease compared to the previous 30 day period (September 24 - October 23) and ($6,689) less 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 2-bedroom condos in London over the last 30 days (October 24 - November 22) stood at 40.6%, up from 37.7% over the previous 30 days (September 24 - October 23) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in London stood at 52 days when successfully sold over the last 30 days (October 24 - November 22), compared to 87 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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