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7 Picton Street #501

London East, N6A 3P8·MLS® X13682420

Listing courtesy of Blue Forest Realty INC.·Updated yesterday

Listing price

$359,900

Est. $1,714/mo

Days on market

2

Listed Aug 17, 2026

For sale
1 / 34
2bd·2ba·1,400-1,599sqft·31–50 yearsold

Description

Beautifully updated, south-west-facing corner unit in one of downtown's most desirable locations! Just steps to Victoria Park, City Hall & Richmond Row to enjoy the restaurants,bars and all the city has to offer. This condo offers 1,429 sq. ft. of luxury living space with breathtaking views and sunsets right from your living room. Featuring 2 spacious bedrooms, 2 full bathrooms, and a large living room with 2 bay windows that will be the heart of the home. This meticulously maintained unit is truly one-of-a-kind. Primary bedroom with walk-in closet and new ensuite (2024). Good size second bedroom ideal for guests or roommates with its own renovated bathroom (2024). Located in a prestigious downtown building, this rare opportunity combines luxury, lifestyle, and location all in one. Enjoy your access to exclusive rooftop patio with panoramic views, indoor swimming pool and hot tub, fitness centre, sauna, party room and convenient underground parking all covered with condo fees including water and CAC. A move-in ready unit offering style, space, and unbeatable downtown convenience. Close to all amenities including: Canada Life Place, Covent Garden Market, GrandTheatre, medical, banking, London Central Secondary School, public transit, Thames Rivertrails and much more. A great opportunity to live in the heart of it all.

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Property details

Type
Condo Apartment — Multi-Level
Age
31-50 years
Interior
1400-1599 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece, 1 × 3-piece
Basement
None
Heating
Baseboard
Cooling
Central Air
Exterior
Brick
Foundation
Poured Concrete
Garage
1 car Underground
Parking
1 spaces
Condo fee
$995/mo
Fee includes
Y
Property tax
$3,638/yr (2025)

Rooms

Flat

Kitchen
2.67 × 2.41 m
Primary Bedroom 3 pc ensuite, walk-in closet(s), bay window
5.41 × 3.73 m
Bedroom Laminate
5.16 × 3.14 m
Dining Room bay window, combined w/living, laminate
2.41 × 3.73 m
Living Room bay window, laminate, sw view
7.41 × 6.64 m

AI property estimate

$485,449~34.9% above asking

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

$422,341$548,557

69% confidence · 10 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Downtown London

London East, ON

Urban core with condos, restaurants, and transit access.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,714
Property tax$390
Insurance (est.)$75
Utilities (est.)$250
Total monthly$2,429
Land transfer taxOne-time, on closing

Ontario LTT

$3,874

First-time rebate

$3,874

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

Price & listing history

Listed 3 times · asking price down 12% from the first ask

$359,900 4%

Listed Aug 17, 2026

On the market
$374,900 9%

Listed Apr 16, 2026 · 123 days on market

Taken off the market

Aug 17, 2026

$409,999

Listed Mar 11, 2026 · 36 days on market

Taken off the market

Apr 16, 2026

159 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

1207 - 380 King Street, London EastSold

$250,000

1207 - 380 King Street, London East

3 bd·2 ba·1,400-1,599 sqft
1308 - 505 TALBOT Street, London EastSold

$490,000

1308 - 505 TALBOT Street, London East

2 bd·2 ba·1,000-1,199 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsHamilton Road · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$435,167

Sale-to-list ratio

95.7%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$91,088

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Not sure about financing? Ask Colin

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AI estimate

$485,449

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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