$449,000 - 505 Talbot Street Unit 1104, London East
Condo for Sale in London East
- MLS Number
- X13153118
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- London East
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX CONDOS PLUS CORPORATION
Elevated urban living in the heart of Downtown London, welcome to AZURE by Tricar, one of London's premier luxury condominium buildings. This stunning 1-bedroom plus den unit includes 960 sqft of interior living space plus a 138 sqft private balcony offering the perfect blend of sophistication, comfort and convenience ideal for resident doctors, young professionals, investors or anyone seeking the vibrant city lifestyle.This meticulously designed unit boasts floor-to-ceiling windows bathing the space in natural light, showcasing impressive views, cityscape on one side and distant vistas on the other. The open concept layout includes a sleek modern kitchen with premium finishes, a spacious primary bedroom, and a versatile den perfect for a home office or quiet workspace. Premium hardwood flooring ties it all together with warmth and elegance. The unit comes with in-suite laundry, an underground parking space, as well as a large storage locker located on the same floor. Azure residents enjoy best-in class amenities, including a state-of-the-art fitness centre, golf simulator, party room with kitchen, library, and a spectacular rooftop terrace with lounge areas, glass fire pits, BBQ stations, and panoramic views of the city. Designed for ease and enjoyment, the building is LEED certified for energy efficiency, offering a sustainable lifestyle without compromise, with a coffee shop just below, parks, trails, and nearby shopping. Located in the downtown core with direct public transit or short drive to Western University, University Hospital, Victoria Hospital, and St. Joseph's Hospital. Condo fees include heating, cooling, water, and hot water. Please note: furniture shown is from prior to owner moving out. The unit is currently vacant.
Estimate your monthly payments for this property
Estimated Payment
$2,303.60/mo
Includes CMHC insurance ($12,527)
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.
505 Talbot Street Unit 1104, 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 $499/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 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.