440 WELLINGTON Street Unit 303, London East

Price: $324,000

1 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X12875642

Discover the pinnacle of downtown living in this stunning oversized one-bedroom condo, easily convertible back to two bedrooms, perfectly located across from One London Place. This top-floor gem with over 1000 square feet, offers breathtaking views of Downtown London and combines modern updates with charming architectural character. The spacious open-concept layout is ideal for both entertaining and everyday life, featuring in-suite laundry and a private balcony with convenient access from Wellington Street, perfect for soaking in the vibrant city atmosphere. This exceptional property comes with a designated parking spot and an additional guest pass, ensuring your visitors feel right at home. Just steps away from Victoria Park, Covent Garden Market, and the Grand Theatre, you'll be immersed in the best of London's culture, shopping, and dining. The beautifully landscaped common area provides a serene retreat at the end of the day, while the secured entry offers peace of mind. This condo is not just a place to live; it's a lifestyle waiting to be embraced. Don't miss this opportunity to make it your own schedule your viewing today and step into the life you've always dreamed of!

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$324,000 - 440 WELLINGTON Street Unit 303, London East

Condo for Sale in London East

99 days on market
1Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X12875642
Property Type
Condo
Status
active
Days on Site
99
Bedrooms
1
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
London East
Locker
Owned
Exposure
North
Balcony
Enclosed
Listing Brokerage
TEAM GLASSER REAL ESTATE BROKERAGE INC.
Description

Discover the pinnacle of downtown living in this stunning oversized one-bedroom condo, easily convertible back to two bedrooms, perfectly located across from One London Place. This top-floor gem with over 1000 square feet, offers breathtaking views of Downtown London and combines modern updates with charming architectural character. The spacious open-concept layout is ideal for both entertaining and everyday life, featuring in-suite laundry and a private balcony with convenient access from Wellington Street, perfect for soaking in the vibrant city atmosphere. This exceptional property comes with a designated parking spot and an additional guest pass, ensuring your visitors feel right at home. Just steps away from Victoria Park, Covent Garden Market, and the Grand Theatre, you'll be immersed in the best of London's culture, shopping, and dining. The beautifully landscaped common area provides a serene retreat at the end of the day, while the secured entry offers peace of mind. This condo is not just a place to live; it's a lifestyle waiting to be embraced. Don't miss this opportunity to make it your own schedule your viewing today and step into the life you've always dreamed of!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,662.29/mo

Includes CMHC insurance ($9,040)

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5-yr fixed avg.

Principal: $291,600Interest: $198,047
Mortgage Amount$300,640
Total Interest$198,047
Est. Property Tax$230/mo
Total Cost$498,686

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

440 WELLINGTON Street Unit 303, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,880
Maintenance Fees-$585
Property Tax (est.)-$230
Insurance (est.)-$68
Net Cash Flow+$997

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 $360/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 99 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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    440 WELLINGTON Street Unit 303 | $324,000 | Battaglia Team