Property photo

Unit 1601 at London Towers South

For Sale

380 King Street 1601, London East, ON N6B 3L6

MLS #X12200251

$239,900

Listed Price

About This Property

Tenant has given notice to vacate. Will be vacant August 1st. **** 16th floor, 2 bedroom, 2 full bath condo with large covered balcony. The seller will only consider offers where the buyer assumes the tenant (once a buyer takes possession of the property they can serve the tenant with a notice to vacate). Tenant moved in April 1, 2021 and is currently renting on a month-to-month basis at $1524.62/mth. Rent was last increased on April 1, 2025. Shared laundry is on the 3rd floor but Condo Corporation will allow in-suite laundry. Condo fee is $986/mth and includes all utilities - heat, hydro, water, cable TV, one underground parking space, heated indoor pool, fitness room and sauna. The party room (on the 3rd floor next to the pool area) is a great space for family events. Visitor parking in front of the building. Property tax is $2297/yr.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($987/mo) and property tax ($2,297/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$218/sqft
East K
$485/sqft-55%
London East
$381/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1100 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1000-1199 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-173
MLS Size1000-1199
Listed OnJun 4, 2025
Maintenance Fees$987/month
Property Tax$2,297/year

Rooms

NameSize (m)Size (ft)Features
Kitchen(Flat)3.35 x 2.8911.0 x 9.5-
Primary Bedroom(Flat)3.35 x 5.7911.0 x 19.0-
Bedroom(Flat)2.43 x 3.968.0 x 13.0-
Living Room(Flat)4.57 x 5.9415.0 x 19.5-
Dining Room(Flat)3.35 x 3.211.0 x 10.5-
Other(Main)1.21 x 1.544.0 x 5.1-

Unit 1601 History

Complete transaction history for this unit

Sold

Sold: Nov 13, 2025

$209,900

83 days on marketSale
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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 TypeUnderground

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About Unit 1601 at London Towers South

Unit 1601 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at London Towers South, 380 King Street, London East. This unit is currently for sale at $240K.

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 1601 London Towers South London East

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