Loading neighbourhood intel…
Loading neighbourhood intel…
$359,900
DOM68days7 Picton Street · London · Ontario N6A 3P8
68 days on market
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 tr…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: BLUE FOREST REALTY INC.
Source: TRREB/PROPTX · MLS® X13682420
Do you own a home in London East?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,500 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 34% of your true cost of ownership. The other 66% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $16,384 | $1,365/mo |
| Government & taxes | ||
| Property tax | $3,638 | $303/mo |
| Land transfer tax(closing) | $3,874 | $323/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $3,599 | $300/mo |
| Condo fees | ||
| Condo / HOA fees | $11,940 | $995/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 | $48,595 | $4,050/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.