505 Talbot St.
505 Talbot Street
Units180
Floors29
Built2016-2018
Registered as condos2018
Average "MLS" Selling Price 2022, 1 Bedroom$548,300 (based on 3 “MLS” Sales)
Average "MLS" Selling Price 2022, 1 Bedroom Plus Den$602,500 (based on 2 “MLS” Sales)
Average "MLS" Selling Price 2022, 2 BedroomNo “MLS” Sales
Average "MLS" Selling Price 2022, 2 Bedroom Plus Den$722,700 (based on 12 “MLS” Sales)
Average "MLS" Selling Price 2021, 1 BedroomSample size (1) too small to report
Average "MLS" Selling Price 2021, 1 Bedroom Plus DenNo “MLS” Sales
Average "MLS" Selling Price 2021, 2 Bedroom$539,800 (based on 5 “MLS” Sales)
Average "MLS" Selling Price 2021, 2 Bedroom Plus Den$584,700 (based on 7 “MLS” Sales)
*Penthouse units not included in these selling prices.
**Model sizes vary widely as do prices.
***In a perfect world units with the nicest views will sell for more.
* No Penthouse sales
** excludes reporting a unit typically the size of a two bedroom unit modified at the time of construction to be a one bedroom unit
Amenities:
Details:
Welcome to the new "Azure" condo building by "Tricar". For the current period of time (2022) there is nothing newer downtown in the way of new condo buildings.
In this building the first six levels is used for parking as well as other levels below the surface. Most of the upper levels have 16 units per floor, yet that number gets reduced to 14 units on the 21st to 25th floors and then 5 units per floor on the upper three levels above that. The top upper floor (the 29th level) is reserved for such features as a social lounge, a rooftop terrace, billiards, a "prep" kitchen, a library and golf simulator. Imagine the views! This is a pet friendly building.
Known sizes of one bedroom units without dens are 740; 760; 810; 823 and 830 square feet. Known sizes of one bedroom units with dens are 960; 1,095 and 1,185 square feet. Known two bedroom sizes without dens are 1,165; 1,185; 1,315; 1,480 and 1,540 square feet. Known two bedroom unit sizes with dens are 1,185; 1,200; 1,225; 1,255; 1,315; 1,325; 1,410; 1,445; 1,480; 1,540; 1,615; 1,620; 1,625; 1,690; 1,750; 1,760 and 1, 820 square feet.
Three known penthouse sizes are 2,028; 2,195 and 2,790 square feet. The condo fees include heat, cooling, water, water heater, building insurance, roof and windows.
Picture number six shows the ground level south east corner. A sign on the building says 503 Talbot Street and next to it the "London Reset Social Cafe". On the main level is some cream colour bricking and some black bricking. The upper levels have a concrete exterior with black trim and glass sided balconies. Across the street to the south on Talbot Street is a new construction site with signs saying Luxury rentals called "Centro". Register at www.centrolondon.ca.
If you google something like new residential development projects in downtown London, you might find this interesting news. To start with, York Development has a 266 unit building going up at 131 King Street that will be finished in 2023. Also under construction are projects at 100 Fullarton Street, 195 Dundas Street and 661 – 667 Talbot Street. Proposed projects at 50 King Street, 84 – 86 George Street and 175 – 197 Ann Street, 556 Wellington Street, 441 Ridout Street North, 300 – 320 King Street (The Hilton site) and 200 Albert Street.
The 100 Fullarton Street project consists of two towers, one a rental building of about 40 storeys and the second a 232 unit condo building of 29 storeys. (this location is just to the south of the “Azure” building) It is currently under construction. Yet another proposed big project is at 50 King Street. Two towers of more than 40 storeys each and 800 units. This is a “Forks of The Thames” location. Yes, downtown London is growing.
Property Manager
Highpoint 226-663-7779