$520K · 2+1 bed Condo Apartment · Unit 1308, Azure, 505 TALBOT Street, London, Ontario N6A 2S5

Loading neighbourhood intel…

About this home

Luxurious downtown living awaits in this two-bedroom plus den condo at Azure, just steps from Richmond Row and Victoria Park. Designed with Tricar's signature attention to detail, the suite features open-concept living with a bright kitchen, stainless steel appliances, in-suite laundry, and an oversized south-facing balcony that floods the space with light. The primary bedroom offers calming night city views, a walk-in closet, and an expansive three-piece ensuite, complemented by a second bedroo…

Property details

MLS#

X12886606

Status

Buy Now

Property class

Residential Condo & Other

Beds

2+1

Baths

2 full, 0 half

Rooms

Kitchens

Size

1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

None

Style

Apartment

Type

Condo Apartment

Year built

2018

Occupancy: Vacant
Washrooms: 4 pc · Main; 3 pc · Main
Family room: Family room
Central vacuum: No
Ensuite laundry: No

Roof: Flat

Fireplaces: 1
Fireplace features: Electric

View: Downtown, City

Building name: Azure
Condo corp #: 904
Balcony: Open
Locker: None
Association amenities: Gym, Visitor Parking
Fees include: Heat Included, Building Insurance Included, Common Elements Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Concrete · Controlled Entry
Fronting on: —
Cross street: Talbot & Dufferin
Stories: 13
Utilities: —
Laundry: Ensuite
Interior: Separate Heating Controls
Parking features: Other, Reserved/Assigned

Price movement & seller pressure

↓ $30KPrice reduction

MLS shows the seller reduced the asking price by $30,000 (from $549,900 to $519,900).

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $519,900✓ $5,448 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,884/mo

incl. closing costs (yr 1)

Annual total

$58,604

year 1

Mortgage only

$1,972/mo

principal + interest

Beyond mortgage

$1,880/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$103,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$454/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,199/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$47/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,873

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $23,668/yr

Property taxes21% $12,321/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,199/yr

Condo fees12% $6,756/yr

Closing costs9% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,668	$1,972/mo
Government & taxes
Property tax	$5,448	$454/mo
Land transfer tax(closing)	$6,873	$573/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,199	$433/mo
Condo fees
Condo / HOA fees	$6,756	$563/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$58,604	$4,884/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

Unit 1308

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

Request a Showing

Request a Showing

Annual costs