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$224,900

Est. $1,054/mo mortgage

3bd·2ba·1,400-1,599sqft

389 Dundas Street #701 · London East, N6B 3L5

MLS® X13656196

46 days on market46 days on market

Listed Aug 10, 2026

Listing courtesy of King Realty INC.·Updated Sep 16

Description

**BEING SOLD UNDER POWER OF SALE** Turn-key downtown living with space, style, and unmatched convenience. This fully updated 3-bedroom, 2-bathroom condo offers a rare layout with two private outdoor spaces and in-suite laundry, making it a great fit for both homeowners and investors. The unit welcomes you with a bright, open feel and modern finishes throughout. The kitchen stands out with sleek quartz counters, white cabinetry, and stainless steel appliances, seamlessly connecting to the main living area. There's plenty of room to relax or entertain, plus a versatile bonus area that works perfectly as a dining space or home office. Large windows and sliding doors bring in tons of natural light and lead out to an expansive balcony with wide city views. All three bedrooms are well-sized, including a primary bedroom that offers its own private balcony, walk-in closet, and a nicely upgraded ensuite bath. A second full bathroom and generous in-unit storage add to the overall functionality of the space. The building itself has been refreshed over the years and includes a full range of amenities such as a terrace, pool, fitness centre, and even a convenient on-site store with interior access. One of the biggest advantages here is the all-inclusive condo fee, covering heat, hydro, water, cable, underground parking, and building maintenance, making ownership simple and predictable. Located right in the core, you're just a short walk to parks, dining, shopping, and entertainment, everything you need is right outside your door.

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Property details

Interior

Size
1400-1599 sqft
Rooms
10 rooms
Bathrooms
2 × 4-piece on Main
Basement
None
Heating
Forced Air
Cooling
Central Air
Laundry
Y

Building & lot

Type
Condo Apartment, Other
Age
31-50 years
Exterior
Concrete
Foundation
Concrete
Roof
Flat
Storeys
7
Exposure
South

Parking

Garage
1 car Underground
Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$1,490/mo
Fee includes
heat, hydro, water, cable, parking
Pets
Yes-with Restrictions
Property tax
$2,598/yr (2025)
Corporation
MCP 173
Managed by
Highpoint

Building amenities

Game Room · Gym · Party Room/Meeting Room · Rooftop Deck/Garden · Sauna · Indoor Pool

Rooms

Main

Laundry
0.94 × 2.11 m
Living Room
6.02 × 6.76 m
Primary Bedroom
3.23 × 4.6 m
Bathroom, 4 Pc Ensuite
2.24 × 1.52 m
Bedroom
3.23 × 5.79 m
Dining Room
2.97 × 2.87 m
Bedroom
2.62 × 4.34 m
Kitchen
2.9 × 3.05 m
Foyer
1.83 × 3.25 m
Bathroom, 4 Pc Bath
2.21 × 1.45 m

Location & neighbourhood

Directions
Old East Village →

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentest. $2,976/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,054
Property tax$136
Insurance (est.)$47
Utilities (est.)$250
Condo fee$1,490
Total monthly$2,976
Land transfer tax$1,974 on closing

Ontario LTT

$1,974

First-time rebate

−$1,974

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

Price & listing history

$224,900

Listed Aug 10, 2026

On the market

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

Sold comparables nearby

1102 - 19 KING Street, London EastSold

1102 - 19 KING Street, London East

2 bd·2 ba·1,600-1,799 sqft
1901 - 389 Dundas Street, London EastSold

1901 - 389 Dundas Street, London East

3 bd·2 ba·1,200-1,399 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 95.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$358,983

Sale-to-list ratio

95.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $59,000 household income

Minimum household income required

$59,000

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$2,200/mo median for 3 bed nearby

$2,200/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 61 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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