380 King St.
"London Towers South"
380 King Street
Units106
Floors18
Built1974
Registered as condos1990
Average "MLS" Selling Price 2022, 1 bedroom$351,900 (based on 2 "MLS" sales)
Average "MLS" Selling Price 2022, 2 bedroom$351,900 (based on 2 "MLS" sales)
Average "MLS" Selling Price 2022, 3 bedroomSample size (1) too small to report
Average "MLS" Selling Price 2022, PenthousesSample size (1) too small to report
Average "MLS" Selling Price 2021, 1 bedroom$270,500 (based on 4 "MLS" sales)
Average "MLS" Selling Price 2021, 2 bedroom$325,400 (based on 5 "MLS" sales)
Average "MLS" Selling Price 2021, 3 bedroomNo "MLS" sales
Average "MLS" Selling Price 2021, PenthousesNo "MLS" sales
* premiums for higher floors and some floor plans (e.g. corner units, larger floor plan, or more windows)
** does not include commercial condo units on the 1st and 2nd floors.
*** excludes one penthouse sale
Amenities
Details:
Controlled entry, covered balconies (a small number have two), some floor to ceiling windows, underground parking and downtown views. This building shares an indoor pool and fitness area with the 389 Dundas Street condo building and the entire complex is known as Middlesex Condominium Corp No. 173.
One two and a smaller number of three bedroom units. This building also has eight, three level high penthouses which do not come up for sale very often and are considerably more expensive and larger in size. Known one bedroom sizes are 800, 805 and 839 sq. ft. Known two bedroom sizes are 1,120, 1,152, 1,180, 1,184, 1,196 and 1,250 sq. ft. Known three bedroom sizes are 1,500 and 1,550 sq. ft and known penthouse sizes are 2,041, 2,364, and 3,000 sq. ft. The three bedroom units have two balconies and the penthouse units have balconies and rooftop patio areas. At the start of 2023 the one bedroom units have condo fees of $526.00 per month. The two bedroom units $755 per month and the three bedroom units with 1,500 sq. ft. $1,005.00 per month. One known condo fee for a penthouse unit in 2022 was $1,441.00 per month!
Why are all of these condo fees so high? Well the condo fees include Roger’s cable, heat, hydro, water, central air, parking, use of the indoor pool and fitness area, the water heaters and the windows. The condo corp. owns and maintains the HVAC units in these units.
Reasonable purchasing prices and slightly higher than the norm condo fees. It’s all kind of a tradeoff. This location, like the location of many other downtown condos works well for many people.
This is a downtown….
Property Manager
Village 519-439-2227