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Unit 1207 at London Towers South

Sold

380 KING Street 1207, London East, ON N6B 3L6

MLS #X8194986

$389,000

Sold on April 16, 2024

April 16, 2024

Originally listed at $399,999 21 days on market

About This Property

Excellent value here and great opportunity to improve & increase value! Rare & spacious 3 bedroom apartment condo in the heart of downtown. Silverwood Model Approximately 1,500 sq. ft. with an additional approximately 230 sq. ft. of balcony (2 large balconies!) outdoor living-over 1700 sq.ft. including balconies and the largest standard unit in the condo corp/complex. Excellent layout/floor plan with elegant foyer, spacious open living/dining area open to large west facing balcony, eat in kitchen & 3 bedrooms including large primary bedroom with full ensuite bathroom & additional private balcony. Note that condo fees include all utilities (heat, electricity & water) as well as Internet & cable television-no extra bills or distractions! Storage area within unit as well with plumbing-easy to add a 120V combined washer/dryer for in suite laundry. Great facilities with excellent indoor pool, library, lounge area and additional rooftop common area decks. One assigned parking space P1-14.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1003/mo) and property tax ($2,426/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$267/sqft
East K
$485/sqft-44.9%
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 TypeNone
LockerNo
Heating TypeForced Air
StyleOther
Ensuite LaundryNo
Corp #TSCC-173
MLS Size1400-1599
Listed OnFeb 28, 2024
Maintenance Fees$1,003/month
Property Tax$2,426/year

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Unit 1207 History

Complete transaction history for this unit

Sold

Sold: Apr 16, 2024

$389,000

-$10,999 (-2.7%)

Listed: $399,99921 days on marketSale
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5 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$399,999

Listed on Feb 28, 2024

Sold Price

$389,000

Sold on Apr 16, 2024

-$10,999

-2.7%

21 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 South
Address380 King Street, London East
Parking Type

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About Unit 1207 at London Towers South

Unit 1207 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1400-1599 square feet located at London Towers South, 380 King Street, London East. This unit is currently sold (sold for $389K).

About London Towers South

London Towers South is located at 380 King Street, 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 South, 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 1207 London Towers South London East

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