$199,900 - 380 King Street Unit 305, London East
Condo for Sale in London East
- MLS Number
- X13161932
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX ADVANTAGE REALTY LTD.
Welcome home to London Towers! This bright and spacious 2 bedroom, 2 bathroom condo offers exceptional value at an affordable price point. With almost 1,200 sq ft of living space, you will appreciate the generous layout featuring a large living room, formal dining area and eat-in kitchen. The primary bedroom offers double closets and a private 4 piece ensuite, while the second bedroom is currently set up as an office - perfect for those working from home. Both bathrooms have been updated by Bath Fitter, including the tub and shower surrounds. Rare in-suite laundry adds extra convenience, as not all units in the building offer private laundry facilities. The enclosed south-facing balcony fills the unit with natural light and provides the perfect spot to relax without having to worry about bugs. Conveniently located on the 3rd floor, this unit offers the option to easily take the stairs instead of waiting for the elevator. Ideally situated just down the hall from the indoor pool and close to an impressive selection of building amenities, including a gym, sauna, library and outdoor patio area. Condo fees include ALL utilities - heat, hydro, air conditioning and water - PLUS Rogers Xfinity cable and internet, making for easy, worry-free living. Each unit also features individually controlled heating and cooling for personalized comfort year-round. As an added benefit, all windows and the patio door for this unit are scheduled to be replaced, with the cost of the project already fully covered by the sellers. Reserved underground parking included, plus visitor parking conveniently located right out front of the building. Experience downtown living in this fantastic location close to shopping, restaurants, transit and everyday conveniences. Whether you're a first-time buyer, downsizer or investor, this is a fantastic opportunity!
Estimate your monthly payments for this property
Estimated Payment
$1,025.59/mo
Includes CMHC insurance ($5,577)
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.
380 King Street Unit 305, London East
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $200/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 28 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.
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.