505 TALBOT St 803

East F, London, N6A 2S6
FOR SALE
$449,900
505 TALBOT St 803, London
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X9230932
MLSID
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Property Description
Capitalize on this once in a lifetime opportunity in Azure at an unbeatable price! This rare 'Liberty' Unit is located on the 8th floor with a cozy 760 sq ft of beautiful views from its floor to ceiling windows and your own private balcony. This stunning suite is perfect for a resident doctor, young professional, or savvy investor looking to expand their portfolio! From the moment you walk in, this home exudes pride of ownership as evident in its immaculate condition. Every inch of this unit is unparalleled in the building with an open concept kitchen/living area, built in electric fireplace, granite countertops and hard surface flooring throughout. The primary bedroom comes complete with a walk-in closet and an elegant but private view. In-suite laundry and a storage locker just steps away offers plenty of space. Covered underground parking, heat, hydro, and water are all included in this stunning condo. Some of the best facilities in the city are located on the 29th floor patio with a gas fire pit, BBQs, lounge patio furniture, private area, full gym, pool table, golf simulator, kitchen & wet bars, library & guest suite! These one bedrooms are a rare commodity so book your showing now!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-02 2024-05-16 44 $499,900 - Terminated
2024-06-18 2024-07-30 42 $464,900 - Terminated
2024-04-19 2024-06-17 60 $479,900 - Expired
2024-04-02 2024-05-16 44 $499,900 - Terminated
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Street
Community
City
Property Type
Condo Townhouse, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,567 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain9.74' x 10.99'
DiningMain8.50' x 10.99'
LivingMain9.74' x 10.99'
BrMain9.51' x 12.24'
London Market Statistics
London Price Trend
505 TALBOT St 803 is a 1-bedroom 1-bathroom townhome listed for sale at $449,900, which is $160,100 (26.2%) lower than the average sold price of $610,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom townhome in London increased by $45,240 (8.0%) compared to the previous 30 day period (July 20 - August 18) and up $35,000 (6.1%) from the same time one year ago.
Inventory Change
There were 3 1-bedroom townhomes listed in London over the last 30 days (August 19 - September 17), which is up 50.0% compared with the previous 30 day period (July 20 - August 18) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom townhomes in London typically sold ($14,450) (2.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,430 decrease compared to the previous 30 day period (July 20 - August 18) and ($24,000) 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 townhomes in London over the last 30 days (August 19 - September 17) stood at 66.7%, down from 500.0% over the previous 30 days (July 20 - August 18) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom townhome in London stood at 19 days when successfully sold over the last 30 days (August 19 - September 17), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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