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$299,900
DOM22days500 Talbot Street · London · Ontario N6A 2S3
22 days on market
500 Talbot St, Unit 201 an impressive carpet-free, 2-bedroom, 2-bath condo offering bright open-concept living in the heart of downtown London. The spacious corner unit layout features a large peninsula that comfortably seats four, overlooking the eat-in kitchen, formal dining area and living room for effortless entertaining. The dedicated in-suite laundry room adds convenience and bonus functionality with an extra full-sized fridge and ample storage.The primary bedroom is a true retreat, comple…
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: ROYAL LEPAGE TRILAND REALTY
Source: TRREB/PROPTX · MLS® X13846800
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,300 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 32% of your true cost of ownership. The other 68% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $13,653 | $1,138/mo |
| Government & taxes | ||
| Property tax | $3,571 | $298/mo |
| Land transfer tax(closing) | $2,974 | $248/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%) | $2,999 | $250/mo |
| Condo fees | ||
| Condo / HOA fees | $9,660 | $805/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 | $42,017 | $3,501/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.