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$249,900

Est. $1,171/mo mortgage

1bd·1ba·800-899sqft

323 Colborne Street #1805 · London East, N6B 3N8

MLS® X13649822

48 days on market48 days on market

Listed Aug 7, 2026

Listing courtesy of Oak And Key Real Estate·Updated Aug 7

Description

Completely renovated Unit provides an excellent opportunity for buyers and investors alike - this 18th floor updated 1-bedroom condo in downtown London is being offered for $249,900. The unit features modernized kitchen cabinetry, newer high-end appliances, and updated windows, providing a turnkey ownership experience. Residents also benefit from a strong amenity package, including: - Controlled entry - Indoor pool, hot tub & sauna - Fitness room - Tennis court - Underground parking. This property presents a compelling option for entry-level buyers, downsizers, or investors seeking value in a central location. Leave your cares behind in this Professionally & extremely well managed building by Highpoint Property Management.

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Property details

Interior

Interior
800-899 sqft
Rooms
4 rooms
Bathrooms
1 × 4-piece
Basement
Other
Heating
Forced Air
Cooling
Central Air
Laundry
Y

Building & lot

Type
Condo Apartment, Apartment
Age
31-50 years
Exterior
Concrete
Foundation
Poured Concrete
Storeys
16
Exposure
South East

Parking

Garage
1 car Underground
Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$588/mo
Fee includes
water, parking
Pets
Yes-with Restrictions
Property tax
$2,364/yr (2025)
Corporation
MCC 119
Managed by
Highpoint

Building amenities

Bike Storage · Community BBQ · Game Room · Gym · Indoor Pool · Tennis Court

Rooms

Main

Kitchen, B/I Dishwasher
2.38 × 2.36 m
Dining Room, W/O To Balcony
2.8 × 2.46 m
Bedroom, Walk-In Closet(s)
4.08 × 3.55 m
Living Room, Open Concept
5.87 × 3.71 m

AI property estimate

$244,359Estimate is ~2.2% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$219,923$268,795

76% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Old East Village

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentest. $2,211/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,171
Property tax$151
Insurance (est.)$52
Utilities (est.)$250
Condo fee$588
Total monthly$2,211
Land transfer tax$2,224 on closing

Ontario LTT

$2,224

First-time rebate

$2,224

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$249,900

Listed Aug 7, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

1104 - 505 Talbot Street, London EastSold

1104 - 505 Talbot Street, London East

1 bd·1 ba·900-999 sqft
1102 - 19 KING Street, London EastSold

1102 - 19 KING Street, London East

2 bd·2 ba·1,600-1,799 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Old East Village

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$371,500

Sale-to-list ratio

96.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $65,000 household income

Minimum household income required

$65,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$1,450/mo median for 1 bed nearby

$1,450/month is the median rent for 1-bedroom homes leased within 3km over the past 12 months, across 96 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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