What are the monthly costs for 570 William Street Unit 404, London East?

With 20% down at a 4.49% rate over 25 years, estimated monthly mortgage is approximately $1,333, property taxes ~$213/mo, and no maintenance fees listed. Total estimated monthly carrying cost: ~$1,546. Contact Joe Battaglia for a detailed cost analysis.

Is 570 William Street Unit 404 a good investment?

This Condo is priced at $429/sqft. 2 bedrooms and 1 bathrooms in London East make it suitable for investors or first-time buyers. Contact the Battaglia Team for a complimentary investment analysis including rental estimates and comparable sales data.

What is the neighbourhood like around 570 William Street Unit 404?

570 William Street Unit 404 is located in London East, Ontario. The area offers access to local schools, parks, transit, and amenities. Condo living provides convenient access to urban amenities. Contact Joe Battaglia for a detailed neighbourhood report including school rankings, walk scores, and recent sales.

How do I book a showing for 570 William Street Unit 404, London East?

To book a private showing for 570 William Street Unit 404, contact Joe Battaglia directly at (416) 564-6611 or use the "Schedule a Showing" button on this page. Joe typically responds within 1 hour and can arrange same-day or next-day viewings. Virtual tours may also be available upon request.

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$300,000 - 570 William Street Unit 404, London East

Condo for Sale in London East

43 days on market

2Beds

1Baths

700 - 1,099Sq Ft

Condo

Property Details

MLS Number: X13099540
Property Type: Condo
Status: active
Days on Site: 43
Bedrooms: 2
Bathrooms: 1
Square Feet: 700 - 1,099 sqft
Neighbourhood: London East
Locker: Ensuite+Common
Exposure: North
Balcony: Juliette
Listing Brokerage: ROYAL LEPAGE TRILAND REALTY

Description

Welcome to 570 William Street. This beautifully updated 2-bedroom, 1-bathroom condo is located just minutes from downtown London and offers a bright, well-designed layout that feels both comfortable and functional. The space is filled with natural light and features tasteful updates throughout, making it ideal for everyday living or entertaining. Conveniently located near Western University and Fanshawe College, this unit includes five appliances, a new dishwasher, and in-suite laundry with a new dryer. Additional features include controlled entry, generously sized bedrooms, a private patio for relaxing outdoors, and ample parking for both residents and visitors. Enjoy walkable access to coffee shops, Victoria Park, local farmers markets, and the downtown core. This is a well-maintained, smoke-free building offering a move-in-ready home in a highly desirable location

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,539.16/mo

Includes CMHC insurance ($8,370)

Purchase Price

Down Payment

5%10%50%

Interest Rate (%)

5-yr fixed avg.

Amortization

Frequency

Principal: $270,000Interest: $183,377

Mortgage Amount$278,370

Total Interest$183,377

Est. Property Tax$213/mo

Total Cost$461,747

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.

Walk Score

Varies

Price Range

570 William Street Unit 404, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent

$2,200/mo

Range: $1,870 - $2,530

Cap Rate (ROI)

5.9%

Good

Monthly Cash Flow Breakdown

Rental Income+$2,200

Maintenance Fees-$455

Property Tax (est.)-$213

Insurance (est.)-$63

Net Cash Flow+$1,469

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 $429/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 43 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 700 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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