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Unit 1001 at London Towers

Sold

389 Dundas Street 1001, London East, ON N6B 3L5

MLS #X9355601

$340,000

Sold on March 4, 2025

March 4, 2025

Originally listed at $385,000 162 days on market

About This Property

ALL utilities including cable TV are INCLUDED in condo fee. Desirable London Towers conveniently situated in the Downtown core close to parks, trails, shopping, restaurants and entertainment. Expansive 3-bedroom, 2 bathroom (over 1400 square feet) facing east with floor to ceiling windows throughout providing plenty of natural light as well as 2 huge 'screened in' balconies 6' x 20' off Great Room and Primary bedroom. Updates include: all new light fixtures, window coverings and decora flat light switches and receptacles, professionally repainted throughout, quartz countertop and backsplash added in kitchen, updated furnace and central air (owned and maintained by condo corp.),engineered hardwood floors throughout, new marble top vanity in ensuite bathroom, laundry included in unit, updated electrical breakers. This building has many amenities including indoor pool, exercise facility, and outdoor deck space. 6 appliances included. **EXTRAS** Building Insurance, Common Elements, Cable TV, Central AC, Heat, Hydro , Parking, Water

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1167/mo) and property tax ($3,504/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$257/sqft
East K
$485/sqft-47%
London East
$381/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1500 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

1400-1599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-173
MLS Size1400-1599
Listed OnSep 12, 2024
Maintenance Fees$1,167/month
Property Tax$3,504/year

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Rooms

NameSize (m)Size (ft)Features
Foyer(Main)1.83 x 3.256.0 x 10.7-
Living Room(Main)3.78 x 7.0912.4 x 23.3-
Dining Room(Main)2.16 x 3.867.1 x 12.7-
Kitchen(Main)2.57 x 3.358.4 x 11.0-
Breakfast(Main)2.41 x 3.237.9 x 10.6-
Bedroom 2(Main)3.3 x 6.210.8 x 20.3-
Bedroom 3(Main)2.44 x 4.298.0 x 14.1-
Primary Bedroom(Main)3.4 x 4.711.2 x 15.4-

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Unit 1001 History

Complete transaction history for this unit

Expired

Listed: Sep 15, 2024

$385,000

87 days on marketSale
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Price History

Original List Price

$385,000

Listed on Sep 12, 2024

Sold Price

$340,000

Sold on Mar 4, 2025

-$45,000

-11.7%

162 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameLondon Towers
Address389 Dundas Street W, London East
Parking TypeUnderground

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About Unit 1001 at London Towers

Unit 1001 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1400-1599 square feet located at London Towers, 389 Dundas Street W, London East. This unit is currently sold (sold for $340K).

About London Towers

London Towers is located at 389 Dundas Street W, London East. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

East K Neighbourhood

This unit is located in East K, part of London East in the Middlesex area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at London Towers, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1001 London Towers London East

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