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$799,000
BLACKFRIARS ESTATES · 90 Central Avenue · London · Ontario N6A 1M4
65 days on market
WELCOME TO BLACKFRIARS ESTATES, A UNIQUE GATED COMMUNITY IN THE HEART OF DOWNTOWN LONDON, LOCATED ON THE BANKS OF THE RIVER THAMES. REFERRED TO AS THE BISHOPS PALACE, UNIT 3 IS LOCATED ON THE SECOND LEVEL OF THIS ICONIC BUILDING, ONCE HOUSING NUMEROUS LONDONS' BISHOPS FOR OVER 65 YEARS, UNTIL CONVERTED INTO 4 INDIVIDUAL CONDO UNITS IN 2009. METICULOUSLY AND THOUGHTFULLY TRANSFORMED WITH A NOD TO ITS INCREDIBLE ROOTS AND STEEPED IN LONDONS' HISTORY, LIVING IN THIS COMMUNITY OFFERS AN OPULANT STYL…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $101KPrice reduction
MLS shows the seller reduced the asking price by $100,900 (from $899,900 to $799,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE TRILAND REALTY
Source: TRREB/PROPTX · MLS® X13691180
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~2,125 ft² · ON avg ~$82/mo · assumes gas heat
Typical ON gas-heated home · ~$125/mo
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 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $36,374 | $3,031/mo |
| Government & taxes | ||
| Property tax | $10,795 | $900/mo |
| Land transfer tax(closing) | $12,455 | $1,038/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $982 | $82/mo |
| Other | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,990 | $666/mo |
| Condo fees | ||
| Condo / HOA fees | $12,000 | $1,000/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 | $90,356 | $7,530/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.