275 Queens Avenue Unit 204, London East

Price: $320,000

1 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X12821884

Experience the perfect blend of historic character and modern urban living in this beautifully updated one-bedroom condo at the corner of Wellington and Queens. This charming unit offers an exceptional lifestyle for professionals or students looking to be in the heart of downtown London, just steps away from the lush greenery of Victoria Park, the Grand Theatre, and the premier dining and shopping of Richmond Row. The interior is move-in ready, featuring an open-concept kitchen equipped with updated appliances and a built-in dishwasher, seamlessly flowing into a living space anchored by impeccably maintained hardwood floors. Unlike many modern builds, the exceptional construction of this era ensures the entire unit remains a quiet and serene sanctuary. The thoughtful layout includes a bedroom positioned away from the street for maximum privacy, along with unique interior design features such as custom extra storage space built into the dining area.This pet-friendly and well-managed building offers a high level of comfort and security with controlled access, a dedicated storage locker, and the rare downtown luxury of an assigned parking spot. Residents enjoy effortless access to the city's best amenities, including the Covent Garden Market for fresh local finds and Budweiser Gardens for world-class entertainment. For those commuting to Western University or Fanshawe College, major transit hubs are just a block away, making travel simple and efficient. While many neighbouring buildings command higher monthly carrying costs, the condo fees here provide superior value. Whether you are enjoying the views of Queens Avenue or relaxing in your polished, secure home, this unit represents a premium opportunity in London's most central hub.

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$320,000 - 275 Queens Avenue Unit 204, London East

Condo for Sale in London East

113 days on market
1Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X12821884
Property Type
Condo
Status
active
Days on Site
113
Bedrooms
1
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
London East
Locker
Exclusive
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Experience the perfect blend of historic character and modern urban living in this beautifully updated one-bedroom condo at the corner of Wellington and Queens. This charming unit offers an exceptional lifestyle for professionals or students looking to be in the heart of downtown London, just steps away from the lush greenery of Victoria Park, the Grand Theatre, and the premier dining and shopping of Richmond Row. The interior is move-in ready, featuring an open-concept kitchen equipped with updated appliances and a built-in dishwasher, seamlessly flowing into a living space anchored by impeccably maintained hardwood floors. Unlike many modern builds, the exceptional construction of this era ensures the entire unit remains a quiet and serene sanctuary. The thoughtful layout includes a bedroom positioned away from the street for maximum privacy, along with unique interior design features such as custom extra storage space built into the dining area.This pet-friendly and well-managed building offers a high level of comfort and security with controlled access, a dedicated storage locker, and the rare downtown luxury of an assigned parking spot. Residents enjoy effortless access to the city's best amenities, including the Covent Garden Market for fresh local finds and Budweiser Gardens for world-class entertainment. For those commuting to Western University or Fanshawe College, major transit hubs are just a block away, making travel simple and efficient. While many neighbouring buildings command higher monthly carrying costs, the condo fees here provide superior value. Whether you are enjoying the views of Queens Avenue or relaxing in your polished, secure home, this unit represents a premium opportunity in London's most central hub.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,641.77/mo

Includes CMHC insurance ($8,928)

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5-yr fixed avg.

Principal: $288,000Interest: $195,602
Mortgage Amount$296,928
Total Interest$195,602
Est. Property Tax$227/mo
Total Cost$492,530

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.

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Neighbourhood Guide: London East

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

275 Queens Avenue Unit 204, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,880/mo
Range: $1,598 - $2,162
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,880
Maintenance Fees-$585
Property Tax (est.)-$227
Insurance (est.)-$67
Net Cash Flow+$1,001

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $356/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.

Negotiation Opportunity

At 113 days on site, this property has exceeded the typical selling timeline for London East. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    275 Queens Avenue Unit 204, London East | $320,000 | Battaglia Team