$599,000 - 505 Talbot Street Unit 910, London East
New Construction for Sale in London East
113 days on market- MLS Number
- X12822656
- Property Type
- New Construction
- Status
- active
- Days on Site
- 113
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- London East
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Large 2+1 bedrooms with 2 full bathrooms, featuring 1445 sqft of luxury lifestyle plus 170 sqft terrace overlooking panoramic west sunset views. This unit is carpet free with 8.5 foot smooth ceilings throughout, the huge kitchen features a large central island with granite counters and custom backsplash, the primary bedroom boasts a large walking closet with organizers and a full ensuit bathroom and walkout to terrace. The second bedroom has floor to celling window and a large double closet, the den can be used as home office or 3rd bedroom. There are multiple closets and storage areas in the unit as well as a walk-in laundry room. The building features a full recreational facility area on the 29th floor including patio with gas fire pit. BBQ's, lounge patio furniture, picnic area, professional exercise room, pool table, golf simulator, kitchen & wet bars, library & guest suite and more. Low condo fees, steps to transit, shops and more.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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 910, 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 $428/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 113 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.
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.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.