500 TALBOT St 903

East F, London, N6A 2S3
FOR SALE
$469,900
500 TALBOT St 903, London
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
500 TALBOT St 903
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X9387430
MLSID
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Property Description
Welcome to beautiful 500 Talbot Street, situated in the heart of downtown London, where the convenience of nearby shops, restaurants, market, nightlife, parks, and public transit await you! This move-in ready unit has been professionally renovated throughout (2022). Enter through the double front doors into the bright sprawling 1266 sq ft unit featuring updated open concept floorplan. The generous kitchen boasts stainless steel appliances, quartz countertops, timeless two-tone cabinetry, peninsula with breakfast bar and double sided storage and 2 pantry closets all looking out to the open great room with large windows showcasing western views and dining room with direct access to the private balcony. There are two spacious bedrooms including primary suite with large walk in closet, and spa-like en-suite bathroom with tiled shower and glass surround. Convenient in-suite laundry room with additional storage space and updated second 3-piece bathroom. This building is well maintained and features a welcoming front foyer, rear patio with BBQ, gym and secure controlled entry. Reserved underground parking space and locker use creates all the conveniences of comfortable living. The units updates include new flooring throughout main living area, custom remote controlled shades throughout with room darkening feature on bedroom shades, new smart lighting throughout, updated trim, doors, and crown moulding, renovated bathrooms, updated appliances, new cabinetry (all 2022).
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, River/Stream
Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,099 (2023)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Other
Parking 1
Exclusive
Garage Type
Underground
London Market Statistics
London Price Trend
500 TALBOT St 903 is a 2-bedroom 2-bathroom condo listed for sale at $469,900, which is $22,129 (4.9%) higher than the average sold price of $447,771 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $82,459 (22.6%) compared to the previous 30 day period (September 1 - September 30) and up $132,771 (42.1%) from the same time one year ago.
Inventory Change
There were 69 2-bedroom condos listed in London over the last 30 days (October 1 - October 30), which is up 6.2% compared with the previous 30 day period (September 1 - September 30) and up 1,050.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($13,999) (3.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,613 decrease compared to the previous 30 day period (September 1 - September 30) and ($14,900) 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 2-bedroom condos in London over the last 30 days (October 1 - October 30) stood at 40.6%, up from 36.9% over the previous 30 days (September 1 - September 30) and up from 16.7% 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 48 days when successfully sold over the last 30 days (October 1 - October 30), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Premier Brokerage
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