7 Picton Street #501 · London, N6A 3P8
MLS® X14082608
Listed Oct 15, 2026
Listing courtesy of Blue Forest Realty INC.·Listing last changed 2 hours ago
Key facts
- Property type
- Condo apt
- Square footage
- 1,400-1,599 sqft
- Storeys
- 5
- Age
- 31-50 years
- Parking
- 1 space
- Property tax
- $3,748/yr (2026)
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. 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 River trails and much more. A great opportunity to live in the heart of it all.
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Property details
Interior
- Size
- 1,400-1,599 sqft
- Rooms
- 5 rooms
- Bathrooms
- 2 × 4-piece
- Basement
- None
- Heating
- Baseboard
- Cooling
- Central Air
- Laundry
- Y
Building & lot
- Type
- Condo apt, Apartment
- Age
- 31-50 years
- Exterior
- Brick
- Foundation
- Poured Concrete
- Storeys
- 5
- Exposure
- South West
Parking
- Garage
- 1 car Underground
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $995/mo
- Fee includes
- water
- Pets
- Yes-with Restrictions
- Property tax
- $3,748/yr (2026)
- Corporation
- MCC92 92
- Managed by
- High Point Property Management
Building amenities
Elevator · Exercise Room · Indoor Pool · Party Room/Meeting Room · Rooftop Deck/Garden · Visitor Parking
Estimated value range
$307K to $339K
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.
Schools nearbyclosest is London Central Secondary School, 190 m
Elementary
- 7.8
Woodfield French Immersion Public School
660 m · Grades JK-8
Thames Valley District School Board
- 8.0
St Georges Public School
1.3 km · Grades JK-8
Thames Valley District School Board
- 8.4
St. John French Immersion School
1.3 km · Grades JK-8
Secondary
- 8.0
London Central Secondary School
190 m · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
450 m · Grades 9-12
London District Catholic School Board
- 5.3
H B Beal Secondary School
840 m · Grades 9-12
Thames Valley District School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $3,136/mo all in
Monthly payment estimate
Land transfer tax$3,316 on closing
Ontario LTT
$3,316
First-time rebate
−$3,316
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 10% from the first ask
Listed Oct 15, 2026
Listed Aug 17, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold302 - 549 Ridout Street, London East
Sold205 - 460 Wellington Street, London East
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.5 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97% of asking.
Avg. sold price
$331,900
Sale-to-list ratio
97%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $82,000 household income
Minimum household income required
$82,000
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$1,750/mo median for 2 bed nearby
$1,750/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 106 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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Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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