389 Dundas Street Unit 2404, London East

Price: $209,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13149676

Penthouse Luxury at London Towers! Live in the heart of downtown London in this modernized one-bedroom executive residence with rare in-suite laundry and easy all-inclusive condo fees. Known for being a fantastic & quiet building, you'll enjoy a peaceful retreat complemented by endless amenities, in a prime urban location. This spotless, turnkey penthouse is completely "move-in ready"-or alternatively, a premier, low-maintenance addition to any rental portfolio, offering streamline convenience and high tenant appeal. For total budget certainty, the all-inclusive condo fee handles almost every monthly essential: heat, hydro, central air, water, and even high-speed internet & cable tv! This layout prioritizes both style and durability, featuring oak hardwoods throughout the high-traffic foyer and principal living areas. The culinary space is defined by premium granite and a chic tiled backsplash, equipped with stainless steel appliances. The bedroom serves as a soft retreat with warm laminate underfoot, while the convenience of in-suite stackable laundry is cleverly tucked into the plan to preserve the suite's clean lines, right next to the full 4pc washroom. Building amenities, location & life at London Towers feels like a year-round vacation with resort-style access to an indoor salt water pool and tropical solarium, sauna, gym, common areas and a sprawling 3rd-floor terrace. Benefit from an express penthouse elevator, a secure underground parking space, and an on-site convenience store accessible from inside. Situated just steps from London's premier dining, parks, and transit (just one bus to the University of Western Ontario & University Hospital), this pristine suite offers an unbeatable downtown lifestyle with almost zero maintenance required-Including desired westerly views! Opportunities at the penthouse level are fleeting; don't miss this exceptional value in beautiful London Towers! *Bedroom virtually staged.

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$209,900 - 389 Dundas Street Unit 2404, London East

Condo for Sale in London East

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13149676
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
London East
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Penthouse Luxury at London Towers! Live in the heart of downtown London in this modernized one-bedroom executive residence with rare in-suite laundry and easy all-inclusive condo fees. Known for being a fantastic & quiet building, you'll enjoy a peaceful retreat complemented by endless amenities, in a prime urban location. This spotless, turnkey penthouse is completely "move-in ready"-or alternatively, a premier, low-maintenance addition to any rental portfolio, offering streamline convenience and high tenant appeal. For total budget certainty, the all-inclusive condo fee handles almost every monthly essential: heat, hydro, central air, water, and even high-speed internet & cable tv! This layout prioritizes both style and durability, featuring oak hardwoods throughout the high-traffic foyer and principal living areas. The culinary space is defined by premium granite and a chic tiled backsplash, equipped with stainless steel appliances. The bedroom serves as a soft retreat with warm laminate underfoot, while the convenience of in-suite stackable laundry is cleverly tucked into the plan to preserve the suite's clean lines, right next to the full 4pc washroom. Building amenities, location & life at London Towers feels like a year-round vacation with resort-style access to an indoor salt water pool and tropical solarium, sauna, gym, common areas and a sprawling 3rd-floor terrace. Benefit from an express penthouse elevator, a secure underground parking space, and an on-site convenience store accessible from inside. Situated just steps from London's premier dining, parks, and transit (just one bus to the University of Western Ontario & University Hospital), this pristine suite offers an unbeatable downtown lifestyle with almost zero maintenance required-Including desired westerly views! Opportunities at the penthouse level are fleeting; don't miss this exceptional value in beautiful London Towers! *Bedroom virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,076.90/mo

Includes CMHC insurance ($5,856)

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5-yr fixed avg.

Principal: $188,910Interest: $128,303
Mortgage Amount$194,766
Total Interest$128,303
Est. Property Tax$149/mo
Total Cost$323,069

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

389 Dundas Street Unit 2404, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
7.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$149
Insurance (est.)-$44
Net Cash Flow+$1,217

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 $350/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 30 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.

Efficient Living

At 600 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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    389 Dundas Street Unit 2404, London East | $209,900 | Battaglia Team