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For sale
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$299,900

Est. $1,405/mo mortgage

2bd·2ba·1,200-1,399sqft

500 Talbot Street #201 · London East, N6A 2S3

MLS® X13846800

3 days on market3 days on market

Listed Sep 29, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated 4 hours ago

Description

500 Talbot St, Unit 201 an impressive carpet-free, 2-bedroom, 2-bath condo offering bright open-concept living in the heart of downtown London. The spacious corner unit layout features a large peninsula that comfortably seats four, overlooking the eat-in kitchen, formal dining area and living room for effortless entertaining. The dedicated in-suite laundry room adds convenience and bonus functionality with an extra full-sized fridge and ample storage.The primary bedroom is a true retreat, complete with a 3-piece ensuite and a walk-in closet. A second well-appointed bedroom is paired with a full 4-piece main bath, ideal for guests, family, or a home office.This well-managed building offers excellent amenities, including a fitness room, sauna, party room, updated lobby and a beautiful outdoor fenced courtyard with BBQs, seating areas, and a private garden oasis-perfect for unwinding in the city. The unit includes a designated locker and, underground assigned parking with controlled entry for added security and convenience. Step outside and enjoy one of London's most walkable neighbourhoods. You're moments from the Grand Theatre, Canada Life Place, Covent Garden Market, and an incredible selection of formal and casual dining options. Fanshawe College's downtown campus is just steps away, with easy access to Western University and both major hospitals. Unit 201 delivers comfort, convenience, and an unbeatable urban lifestyle in one of downtown London's most desirable locations.

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Property details

Interior

Size
1200-1399 sqft
Rooms
8 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Main
Basement
None
Heating
Baseboard
Cooling
Wall Unit(s)
Laundry
Y

Building & lot

Type
Condo Apartment, 1 Storey/Apt
Age
31-50 years
Exterior
Concrete
Storeys
2
Exposure
South West

Parking

Garage
1 car Underground
Parking
1 spaces
Locker
Exclusive

Fees & taxes

Condo fee
$805/mo
Fee includes
water, parking
Pets
Yes-with Restrictions
Property tax
$3,571/yr (2025)
Corporation
MCC 153
Managed by
Eglington Scott Real Esyaye Management & Consulting Inc.

Building amenities

Gym · Party Room/Meeting Room · Sauna

Estimated value range

$285K–$315K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Downtown London →

London East, ON

Urban core with condos, restaurants, and transit access.

Monthly paymentest. $2,703/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,405
Property tax$181
Insurance (est.)$62
Utilities (est.)$250
Condo fee$805
Total monthly$2,703
Land transfer tax$2,974 on closing

Ontario LTT

$2,974

First-time rebate

−$2,974

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

Price & listing history

$299,900

Listed Sep 29, 2026

On the market

Sold comparables nearby

2201 - 389 Dundas Street, London EastSold

2201 - 389 Dundas Street, London East

2 bd·2 ba·1,400-1,599 sqft
1104 - 505 Talbot Street, London EastSold

1104 - 505 Talbot Street, London East

1 bd·1 ba·900-999 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Downtown London

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$309,817

Sale-to-list ratio

95.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $76,000 household income

Minimum household income required

$76,000

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$1,895/mo median for 2 bed nearby

$1,895/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 88 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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