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For sale
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$199,900

Estimated value $190K–$210K

Est. $936/mo mortgage

1bd·1ba·700-799sqft

440 Central Avenue #605 · London East, N6B 2E5

MLS® X13848336

1 day on marketListed yesterday

Listed Oct 1, 2026

Listing courtesy of Re/max Centre City Realty INC.·Updated 3 hours ago

Description

Attention first-time buyers and savvy investors alike! Unit 605 at 440 Central Avenue is a spacious one-bedroom condominium in a beautifully updated building in downtown London. Located on the sixth floor of this seven-storey building, the unit faces west toward downtown and offers clear views of the evening sunset.Conveniently located only steps from the elevator, the unit features a large living room with updated flooring, a separate dining area and a kitchen equipped with a refrigerator, stove and microwave. The layout also includes a four-piece bathroom and a generously sized bedroom, along with a designated storage unit located on the same floor.Building amenities include secured entry, coded elevator access to the residential floors, open parking and resident-only laundry facilities on the second floor. An updated common area provides additional space for residents to gather, including a rooftop terrace with chaise lounges and a sitting area. A well-sized, fully furnished downtown unit offering strong building security, useful amenities and beautiful views over the city.

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Property details

Interior

Size
700-799 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece on Main
Basement
None
Heating
Baseboard
Cooling
Wall Unit(s)
Laundry
N

Building & lot

Type
Condo Apartment, Apartment
Exterior
Brick
Roof
Flat
Storeys
6
Exposure
West

Parking

Parking
1 spaces
Locker
Exclusive

Fees & taxes

Condo fee
$639/mo
Fee includes
heat, hydro, water, parking
Pets
Yes-with Restrictions
Property tax
$1,593/yr (2026)
Corporation
MSCP 83 83
Managed by
VILLAGE PROPERTY MANAGEMENT

Building amenities

Elevator · Party Room/Meeting Room · Rooftop Deck/Garden · Visitor Parking

Rooms

Main

Living Room
3.66 × 6.01 m
Bedroom
3.72 × 3.58 m
Bathroom, 4 Pc Bath
2.03 × 1.47 m
Foyer
4.03 × 1.12 m
Kitchen
2.98 × 2.05 m
Dining Room
3.08 × 2.64 m

Estimated value range

$190K–$210K

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. $1,988/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$936
Property tax$120
Insurance (est.)$42
Utilities (est.)$250
Condo fee$639
Total monthly$1,988
Land transfer tax$1,724 on closing

Ontario LTT

$1,724

First-time rebate

−$1,724

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

Price & listing history

Listed 2 times · asking price down 5% from the first ask

$199,900↓ 5%

Listed Oct 1, 2026

On the market
$209,900

Listed Sep 10, 2026

On the market

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

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

$311,500

Sale-to-list ratio

95.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $53,000 household income

Minimum household income required

$53,000

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$1,385/mo median for 1 bed nearby

$1,385/month is the median rent for 1-bedroom homes leased within 3km over the past 12 months, across 84 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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