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500 Talbot Street London Ontario, Canada

500 Talbot St.

500 Talbot Street

Units95

Floors16

Built1988

Registered as condos1989

Average "MLS" Selling Price 2022, 1 bedroomSample size (1) too small to report.

Average "MLS" Selling Price 2022, 2 bedroom$414,000 (based on 3 “MLS” Sales)

Average "MLS" Selling Price 2021, 1 bedroom$325,800 (based on 4 "MLS" sales)

Average "MLS" Selling Price 2021, 2 bedroom$355,500 (based on 7 "MLS" sales)

Average "MLS" Selling Price 2020, 1 bedroom$205,300 (based on 2 "MLS" sales)

Average "MLS" Selling Price 2020, 2 bedroom$304,000 (based on 6 "MLS" sales)

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* Premiums for higher floors
* Premiums for some floor plans (e.g. corner units, larger floor plan, or more windows)

Amenities:

Details:

Experience the convenience of urban living, steps from dinging, festivals, theatre, Budweiser Gardens, parks, trails and more! 500 Talbot Street offers excellent modern amenities, is superbly maintained and offers: gym, sauna, social/games room, secure entry, full height underground parking, storage and also a ground level gazebo, bay windows, a cement exterior, covered balconies (with some of the centre units with the north-western exposures only) and only six units per floor, Insuite laundry and live-in building managers. The two bedroom units have two full bathrooms and range in size from 998; 1,001; 1,270; 1,289; 1,310; 1,357 to 1,366 square feet. The one bedroom units are 912; 918 and 973 square feet.

The condo fees are what they are! Going into 2023, the condo fees on a 1,310 square feet condo were in the $730.00 range. The condo fees include the water but NOT the heating as in some other buildings. This might be one of the reasons that other condo buildings in the downtown core have prices slightly higher. This is a comment that we do not make very often. This is an excellent downtown location and a very attractive looking building.

Plans across the street for 475-450 Talbot Street, 93-95 Dufferin Avenue and 100 Fullarton Street call for a 245 million dollar project consisting of a 40 storeys rental building (the tallest apartment tower in Ontario west of Toronto) and a 29 storey, 232 unit rental building. Construction is now well underway. The look of this neighbourhood will soon be changing.

Property Manager

Thorne 519-660-1904



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