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Property Description
Perched high above downtown with a sweeping skyline view, this awesome 2 bed, 2 bath condo is located in London's exclusive Azure building and is waiting to wow you with its high-end finishes, amenities ( golf simulator, gym, rooftop terrace, gas bbq's), and close proximity to, well, everything. The open concept design makes for a bright, expansive space that is perfect for entertaining. When you aren't soaking up the awesome view or grilling something on your large balcony, you'll enjoy catching up in a large living/dining space while dinner is finishing in the chef-worthy kitchen. Speaking of the kitchen, it offers lots of workspace on quartz counters and plenty of storage in modern cabinets, all framed by an elegant tile backsplash. Both bedrooms are a nice size and feature huge windows for lots of light and spectacular views of the city at all times of day year-round. The primary has a walk-in closet and spa-worthy 3 pc ensuite with a large, tiled walk-in shower. The 4 pc main bath is also beautifully finished (same high-end tile and granite-topped vanity as the ensuite), plus there is a laundry centre and storage room in-suite. Flooring is engineered hardwood in principal rooms (living, dining, kitchen, hallway), ceramic tile in the bathrooms, and high-end carpeting in the bedrooms. The unit includes individual temperature control from a centralized high-efficiency heating and cooling system and thermal windows for comfort no matter the weather. Located steps from parks.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-05-16 | 2023-08-14 | 90 | $640,000 | - | Expired |
2023-08-10 | 2023-08-17 | 7 | $2,600 | $2,600 | Leased |
2022-05-09 | 2022-05-24 | 15 | $759,000 | - | Terminated |
2023-05-16 | 2023-08-14 | 90 | $640,000 | - | Expired |
2023-08-10 | 2023-08-17 | 7 | $2,600 | $2,600 | Leased |
2022-05-09 | 2022-05-24 | 15 | $759,000 | - | Terminated |
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, River/Stream
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$5,097 (2024)
Basement
None
Exterior
Concrete, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P7)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 13.25' x 9.51' | |
Living | Main | 13.25' x 20.73' | |
Prim Bdrm | Main | 13.25' x 20.73' |
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London Market Statistics
London Price Trend
505 Talbot St 1705 is a 2-bedroom 2-bathroom condo listed for sale at $635,000, which is $200,966 (46.3%) higher than the average sold price of $434,034 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $68,118 (18.6%) compared to the previous 30 day period (September 21 - October 20) and up $120,784 (38.6%) from the same time one year ago.Inventory Change
There were 72 2-bedroom condos listed in London over the last 30 days (October 21 - November 19), which is down 2.7% compared with the previous 30 day period (September 21 - October 20) and up 2,300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($12,662) (2.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $317 increase compared to the previous 30 day period (September 21 - October 20) 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 21 - November 19) stood at 44.4%, up from 32.4% over the previous 30 days (September 21 - October 20) 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 48 days when successfully sold over the last 30 days (October 21 - November 19), compared to 85 days before being removed from the market upon being suspended or terminated.Listing contracted with Thrive Realty Group Inc.
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