544 Talbot Street Unit 903, London East

Price: $499,900

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X12866718

JUST LIKE BRAND NEW! UPDATES WITHIN 12 months INCLUDE: New door hardware on all doors; Painting of entire apartment, Wall paper installed in living room and front bedroom. New floor throughout. New closet installed in middle bedroom with new doors. Kitchen updated. New kitchen faucet. New drapes in all three bedrooms, New Blinds. New light fixtures. New storage cupboards in main bedroom. Approximately $28-$30K spent in updates. This stunning, light filled, sun drenched, 3 bed, 2 full bath, 1400 sq ft, home is an entertainer's dream with an open concept layout, leading out to THREE BALCONIES, adding a whopping 170 sq ft of additional outdoor space. BBQ on your own Balcony! Luxury RENOVATED KITCHEN features stainless steel appliances and newer quartz countertops, complete with undermount sink and breakfast bar. This home features in-suite laundry. Large windows illuminate this penthouse-like home with fantastic natural light. The primary bedroom is immense, featuring a walk in closet and private ensuite. Dedicated underground PARKING spot is included. Pet's ok (with some restrictions). CONDO FEES INCLUDE; HEAT, WATER & access to ONSITE FACILITIES including GYM. Perfect downtown location; within walking distance to restaurants, spas, salons, trendy shops, Covent Garden Market, Victoria Park, Harris Parks, and Canada Life Place. 15 minutes (with transportation) to University of Western Ontario, University Hospital, Victoria Hospital, St Joseph's Hospital, Western Research Park, Kings College and Wortley Village. Come see why this is more than a home, it's a very easy, relaxing lifestyle. Welcome Home. (Current condo fees are expected to be lowered as fees increased in 2025 to cover cost of installation of new boiler system).

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$499,900 - 544 Talbot Street Unit 903, London East

Condo for Sale in London East

99 days on market
3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X12866718
Property Type
Condo
Status
active
Days on Site
99
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
London East
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

JUST LIKE BRAND NEW! UPDATES WITHIN 12 months INCLUDE: New door hardware on all doors; Painting of entire apartment, Wall paper installed in living room and front bedroom. New floor throughout. New closet installed in middle bedroom with new doors. Kitchen updated. New kitchen faucet. New drapes in all three bedrooms, New Blinds. New light fixtures. New storage cupboards in main bedroom. Approximately $28-$30K spent in updates. This stunning, light filled, sun drenched, 3 bed, 2 full bath, 1400 sq ft, home is an entertainer's dream with an open concept layout, leading out to THREE BALCONIES, adding a whopping 170 sq ft of additional outdoor space. BBQ on your own Balcony! Luxury RENOVATED KITCHEN features stainless steel appliances and newer quartz countertops, complete with undermount sink and breakfast bar. This home features in-suite laundry. Large windows illuminate this penthouse-like home with fantastic natural light. The primary bedroom is immense, featuring a walk in closet and private ensuite. Dedicated underground PARKING spot is included. Pet's ok (with some restrictions). CONDO FEES INCLUDE; HEAT, WATER & access to ONSITE FACILITIES including GYM. Perfect downtown location; within walking distance to restaurants, spas, salons, trendy shops, Covent Garden Market, Victoria Park, Harris Parks, and Canada Life Place. 15 minutes (with transportation) to University of Western Ontario, University Hospital, Victoria Hospital, St Joseph's Hospital, Western Research Park, Kings College and Wortley Village. Come see why this is more than a home, it's a very easy, relaxing lifestyle. Welcome Home. (Current condo fees are expected to be lowered as fees increased in 2025 to cover cost of installation of new boiler system).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

544 Talbot Street Unit 903, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,712

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 $357/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.

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.

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    544 Talbot Street Unit 903, London East | $499,900 | Battaglia Team