$549,900 - 250 Pall Mall Street Unit 1303, London East
Condo for Sale in London East
- MLS Number
- X13162212
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- NU-VISTA PINNACLE REALTY BROKERAGE INC
Imagine waking up to stunning views of London's skyline and natural light flooding your sanctuary from two directions. Welcome to Unit 1303 and 250 Pall Mall-a rare southeast-corner penthouse on the 13th floor where city living reaches its peak. South and east exposures mean morning sunshine and evening golden hour, every single day. Your private south-facing balcony isn't just outdoor space-it's your personal retreat above the city, a space to entertain, unwind, or simply breathe in the views. Step inside and discover an open-concept haven designed for modern living. The large kitchen and dining area make this perfect for those who enjoy cooking and entertaining. The primary suite is your personal escape: a walk-in closet that actually fits your wardrobe, an ensuite with heated floors that feels like a spa experience, and windows that frame your view like artwork on display. The flexibility of this layout is rare. Guest bedroom. Home office. Creative studio. Whatever you envision, this space adapts. And here's the secret weapon most penthouses don't have: an in-unit storage area with a work bench. Artists, builders, entrepreneurs-this dedicated space elevates functionality to the next level. The building itself is your private club. Guest suite for visitors. Private fitness room. Games room/ Library for entertaining or quiet moments. These aren't standard amenities-they're lifestyle upgrades that justify the investment. And the financial advantage? Condo fees include utilities. Predictable costs, no surprises. For investors, this is a blueprint for smart urban real estate. For owner-occupants, it's peace of mind built into your monthly payment. This isn't just a penthouse. It's a statement. It's your downtown sanctuary. It's the rare combination of style, sophistication, and smart economics that doesn't come around often. Don't wait. Contact us to schedule your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London East
London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London East
- •Convenient location in London East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
250 Pall Mall Street Unit 1303, London East
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $344/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.