Loading neighbourhood intel…
Loading neighbourhood intel…
$568,800
DOM23days505 Talbot Street · London · Ontario N6A 2S6
23 days on market
Welcome to Unit 706 at 505 Talbot Street, ideally located in the heart of Downtown London. This spacious 1,480 sq. ft. Hudson model offers an impressive layout with 2 bedrooms, 2 bathrooms, a den, and an abundance of natural light from its desirable east-facing exposure.The open-concept kitchen and living area is perfect for both everyday living and entertaining, featuring stainless steel appliances, crisp white quartz countertops, hardwood flooring, and a cozy fireplace. The generous primary be…
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: RINEHART REALTY
Source: TRREB/PROPTX · MLS® X13844102
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
≈ $0.07/ft² × ~1,500 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 39% of your true cost of ownership. The other 61% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $25,894 | $2,158/mo |
| Government & taxes | ||
| Property tax | $6,649 | $554/mo |
| Land transfer tax(closing) | $7,851 | $654/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%) | $5,688 | $474/mo |
| Condo fees | ||
| Condo / HOA fees | $9,384 | $782/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 | $66,127 | $5,511/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.