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$295K · 3 bed Condo Apartment · Unit 701, 389 Dundas Street, London, Ontario N6B 3L5 | HomeSearchCanada

$295,000

Unit 701

42 DOM

3242d

Map

DOM 42

Motivated SellerPOS

$295,000

Motivated Seller

DOM42days

Unit 701

389 Dundas Street · London · Ontario N6B 3L5

MLS® X13483220 · East K · N6B 3L5

32Vacant1400-1599 ft²Condo Apartment1-car UndergroundNo basement42d$197/ft²$2,598 tax/yrBuilt 198541 yrs oldNo basement

42 days on market

About this home

**BEING SOLD UNDER POWER OF SALE** Turn-key downtown living with space, style, and unmatched convenience. This fully updated 3-bedroom, 2-bathroom condo offers a rare layout with two private outdoor spaces and in-suite laundry, making it a great fit for both homeowners and investors. The unit welcomes you with a bright, open feel and modern finishes throughout. The kitchen stands out with sleek quartz counters, white cabinetry, and stainless steel appliances, seamlessly connecting to the main li…

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Property details

MLS#: X13483220
Status: Buy Now
Property class: Residential Condo & Other
Beds: 3
Baths: 2 full, 0 half
Rooms: 10
Kitchens: 1
Size: 1400-1599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Other
Type: Condo Apartment
Year built: 1985

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

Zoning: H-3, DA2, D350

Roof: Flat
Foundation: Concrete
Property features: Hospital, Park, Public Transit, School, Place Of Worship

Fireplaces: 0

Condo corp #: 173
Balcony: Open
Locker: None
Association amenities: Game Room, Gym, Party Room/Meeting Room, Rooftop Deck/Garden, Sauna, Indoor Pool
Fees include: Heat Included, Hydro Included, Water Included, Cable TV Included, Parking Included, Common Elements 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: Colborne St
Stories: 7
Utilities: —
Laundry: Ensuite
Interior: Water Heater
Parking features: Reserved/Assigned

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

Power of sale — Power-of-sale (or court-ordered) listing with 42 days on market.

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

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: KING REALTY INC.

Source: TRREB/PROPTX · MLS® X13483220

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$295K

Unit 701 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $295,000✓ $2,598 tax✓ Gas✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,961/mo

incl. closing costs (yr 1)

Annual total

$47,529

year 1

Mortgage only

$1,119/mo

principal + interest

Beyond mortgage

$2,142/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$59,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$217/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,500 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%$2,950/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)$104/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$2,900

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)28% $13,430/yr

Property taxes12% $5,498/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance6% $2,950/yr

Condo fees32% $14,991/yr

Closing costs11% $5,100/yr

Mortgage is 28% of your true cost of ownership. The other 72% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$13,430	$1,119/mo
Government & taxes
Property tax	$2,598	$217/mo
Land transfer tax(closing)	$2,900	$242/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%)	$2,950	$246/mo
Condo fees
Condo / HOA fees	$14,991	$1,249/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	$47,529	$3,961/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.

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Unit 701

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs