$309,900 - 389 Dundas Street Unit 701, London East
Condo for Sale in London East
39 days on market- MLS Number
- X13111246
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- GOLD EMPIRE REALTY INC.
**BEING SOLD UNDER POWER OF SALE** Turn-key downtown living with space, style, and unmatched convenience. This fully updated 3-bedroom, 2-bathroom condo offers a rare layout with two private outdoor spaces and in-suite laundry, making it a great fit for both homeowners and investors. The unit welcomes you with a bright, open feel and modern finishes throughout. The kitchen stands out with sleek quartz counters, white cabinetry, and stainless steel appliances, seamlessly connecting to the main living area. There's plenty of room to relax or entertain, plus a versatile bonus area that works perfectly as a dining space or home office. Large windows and sliding doors bring in tons of natural light and lead out to an expansive balcony with wide city views. All three bedrooms are well-sized, including a primary bedroom that offers its own private balcony, walk-in closet, and a nicely upgraded ensuite bath. A second full bathroom and generous in-unit storage add to the overall functionality of the space. The building itself has been refreshed over the years and includes a full range of amenities such as a terrace, pool, fitness centre, and even a convenient on-site store with interior access. One of the biggest advantages here is the all-inclusive condo fee, covering heat, hydro, water, cable, underground parking, and building maintenance, making ownership simple and predictable. Located right in the core, you're just a short walk to parks, dining, shopping, and entertainment, everything you need is right outside your door.
Estimate your monthly payments for this property
Estimated Payment
$1,589.95/mo
Includes CMHC insurance ($8,646)
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.
389 Dundas Street Unit 701, 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 $221/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 39 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.