389 Dundas St.
389 Dundas Street
Units149 (+1 commercial tenant)
Floors24
Built1975
Registered1990
Average MLS Selling Price 2023, 1 bedroom$306,700 (based on 3 MLS sales)
Average MLS Selling Price 2023, 2 bedroom$369,500 (based on 2 MLS sales)
Average MLS Selling Price 2023, 3 bedroom (penthouses excluded)$396,600 (based on 3 MLS sales)
Average MLS Selling Price 2022, 1 bedroom$280,000 (based on 2 MLS sales)
Average MLS Selling Price 2022, 2 bedroom$365,800 (based on 6 MLS sales)
Average MLS Selling Price 2022, 3 bedroom (penthouses excluded)$407,000 (based on 4 MLS sales)
Average MLS Selling Price 2021, 1 bedroom$293,000 (based on 5 MLS sales.)
Average MLS Selling Price 2021, 2 bedroom$321,500 (based on 8 MLS sales)
Average MLS Selling Price 2021, 3 bedroom (penthouses excluded)$366,800 (based on 3 MLS sales)
* Prices varied widely
* Premiums for higher floors
* Premiums for 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.
Amenities:
Details:
The prestigious “London Towers”, unique in its upper design. Note the large glass windows on the top levels and the large covered balconies on all of the lower floors. An express elevator services floors 20-24. This tower was constructed back in 1975 and is proud part of downtown London’s landscape.
Both this building and the condo high rise building to the south-west at 380 King Street share the indoor pool and fitness facilities. And there is also a linking commercial mall. The entire complex is known as Middlesex Condominium Corporation No. 173. It should be noted that the 379 Dundas Street/390 King Street addresses are the commercial entity and has 37 units. In total the four separate entities, 389 Dundas Street, 379 Dundas Street and 390 King Street have a total of 293 units.
The one bedroom units have known sizes of 515, 560, 600, 650, 779 and 787 sq. ft. The two bedroom units have known sizes of 1,032, 1,080, 1,132, 1,150, 1,154, 1,161, 1,180, 1,190, 1,200, 1,249, 1,272, 1,361 and 1,400 sq. ft. The three bedroom units have known sizes of 1,153, 1,155, 1,360, 1,390, 1,430, 1,450, 1,500, 1,507 and 1,774 sq. ft. The penthouse sizes of the two and three bedroom units are slightly larger.
One known condo fee on a one-bedroom unit in 2024 is $643.00 per month. The two-bedroom unit in 2024 is $643.00 per month. The two-bedroom units have numbers like $792.00 and $922.00 per month and the three-bedroom units have numbers like $1,170.00 per month.
NOTE: The pricing of individual units may vary dramatically, a reflection of their conditions. Many potential buyers, on first inspection, may have an objection to the high Condo Fees, however they do include heat, hydro, water, high speed internet and Roger's Cable, underground parking and use of it's indoor pool and exercise facilities. Over the years some units were not properly marketed with the correct square footages. Over the years this building has had special assessments. That is not unusual. This building is soon approaching the fifty year age range. Many long term owners continue to enjoy the experience of living here.
Penthouses sell for more. Some units have "in-unit" laundry. This is a dog friendly building and the City of London has added a dog park (dogs permitted to roam off leash in a small fenced area) directly across the street on the north side of Dundas in the "Campbell Memorial Park". Many people like living here because of the large unit sizes compared to the unit sizes of most newer downtown condo buildings.
To learn more about this building please read our April 3, 2017 blog on the "new activity" tab.
Property Manager
Village Property 519-439-2227