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$515,000
AZURE · 505 Talbot Street · London · Ontario N6A 2S6
51 days on market
Exclusive downtown living at its best! Amazing 2 bed, 2 bath unit located in the always-in-demand Azure Condominium with 1250sf.ft (Balcony). The open concept design makes for bright, expansive spaces: perfect for entertaining. There are huge floor to ceiling windows: lots of light: views of the city. Enjoy both the sunrise and sparkling city lights after dusk from your balcony. This suite will wow you with it's high-end finishes: quartz countertops in kitchen and bathrooms, premium engineered h…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $10KPrice reduction
MLS shows the seller reduced the asking price by $10,000 (from $525,000 to $515,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: THE REALTY FIRM INC.
Source: TRREB/PROPTX · MLS® X13735966
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo
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) | $23,445 | $1,954/mo |
| Government & taxes | ||
| Property tax | $5,580 | $465/mo |
| Land transfer tax(closing) | $6,775 | $565/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%) | $5,150 | $429/mo |
| Condo fees | ||
| Condo / HOA fees | $6,636 | $553/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 | $58,246 | $4,854/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.