389 Dundas Street London Ontario
389 Dundas Street London Ontario N6B 3L5 is a highrise condominium apartment building in downtown London known as London Towers. Though built in 1977, this building has had extensive upgrades recently, and the location is terrific for access to all that London downtown has to offer.
379 Dundas S and 390 King St is the commercial part of London Towers and has 37 units. 389 Dundas Street, 379 Dundas Street, 390 King Street and 380 King Street have 293 apartment condos.
- 150 apartment condos in the 389 Dundas St Tower.
- 24 floors,
- saltwater pool
- Fitness facility
- Underground parking
- 24-hour security
- Library
- Sauna
- Gathering Area
- Condo Fees Include Building Insurance, Building Maintenance, Cable TV, Central Air, Common Elements, Decks, Doors, Garbage Removal, Ground Maintenance/Landscaping, Heat, Hydro, Management, Parking, Roof, Snow Removal, Water, Water Heater, Windows and in 2020 managed by Village Property Management.
- In 2021, five 1 bedroom apartment condos sold averaging $457.00 per square foot. These one bedroom apartments average seven days to sell on MLS with the sold prices ranging from $260,000 to $336,300 whichwas 106.02% of the selling price
- Seven 2 bedroom units sold through MLS averaging sixteen days to sell for 108.49% of the asking price, ranging from $290,800 up to $351,000, the median price per square foot was $282..00.
- Three 3 bedroom apartments sold averaging 20 days on the market for 105.49% of the asking price, the median per square foo was $256.00 with sold prices ranging from $330,000 to $407,500.
- 2020, four 1 bedroom units sold through MLS, from $203,000 to $270,000. Nine 2 bedroom units sold from a low of $225,000 to a high of $310,000. Four 3 bedroom sold from $272,000-$330,000. One 4 bedroom unit sold for $295,000. The average days on the market for these to sell was 10 for a median price of 99.4% of the asking price.
For previous years’ stats, see the bottom of this page
Please Note That We Are Not Property Managers, Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, Nor are we Rental Agents, We Are Realtors Who Help Buyers & Sellers.
Condo Living Explained
More and more Londoners are choosing to live in condominiums. Be they apartment-style, a townhouse or a townhome. Empty-nesters, singles, couples and families enjoy the freedom from routine maintenance like grass cutting, raking leaves, shovelling snow, in most cases, replacing roof shingles, windows or doors.
Owning a condominium in London, Ontario, includes sharing common areas with other residents and following by-laws and rules set by the condo corporation. It’s essential to understand how a condominium corporation is established and operates, so you know what to expect from condominium living.
Ownership Rights & Responsibilities
How Much Is Your Apartment Condo Worth at 389 Dundas Street in London Ontario?
I am amazed at all the web pages out there, you know the ones I mean, they offer free evaluations without even seeing your home or the “Free Home Evaluation Reports” cards we receive in our mailboxes or the dreaded cold call ” I have a buyer who is interested in buying your home.”
Really?
How can anyone value your home accurately without physically seeing your home thoroughly and doing the two to three hours of research necessary? Have you ever bought anything “at a ballpark price’? “A general price range?” “The market price?” After helping hundreds of buyers over the years buy homes, every house or condo my clients bought had a price; we never looked at homes without a price. Semantics aside, you deserve a price that a willing, qualified buyer will pay.
So, what is that price?
Home Evaluations The Right Way
- you let us know that you would like a no obligation, no cost valuation of your house or condo
- we will arrange a mutual time to meet
- we prepare before our meeting our research of prices, demographics and current market conditions.
- You will not have to sign anything or listen to blah blah blah stuff , malarky, posturing, showcasing or bs.
- when we get to your home,a quick introduction and a tour of your home.
- while doing the tour, we can prepare a room by room audit of the selling features or what you could do to help sell quicker or receive a higher price.
- when completed, sit down with you and adress your concerns, fears or the anxiety you may have about moving.
- leave with you our research and market reports and best practises to sell a home.
- within 24 hours we will get back to you with “The Price is Right”
- you then decide what you wish to do.
If you decide to utilize our research and apply our marketing tips, you’ll know how to price and sell your home for the fastest, most profitable sale. Also, with this information, you’ll never pay too much for any home you ever buy for the rest of your life.
For Prior Years Stats:
- In 2019, seventeen residences were sold at 389 Dundas, 5 one-bedroom apartments from $169,500 to $245,000, 10 two bedroom residences from $170,000 to $419,900 and 2 three bedroom condos, one at $190,000 and the other at $251,500
- In 2018, 21 apartment condos had new owners, one-bedrooms sold from $139,000 to $150,000, 15 two-bedroom units between $150,000 to $279,900 and two three-bedroom units, $217,000 to $255,000!
- In 2017, 24 apartment condominiums sold. Six 1 bedroom apartments, $104,900 to $184,500, 16 two bedroom units from as low as $97,500 to $216,000 and two 3 bedroom residences between $185,000 to $209,000.
Please Note That We Are Not Property Managers, Nor Do We Represent The Condo Corporation Of Any Of These Condominiums, Nor are we Rental Agents, We Are Realtors Who Help Buyers & Sellers.
What Improvements or Additions Can I Make to This Page?
Do you have any information or event that I could add to this page to help someone know more about this condo corporation?
I will gladly post any information or event on this page if I feel it will benefit the community; I will not post rumours or prejudices.
Please get in touch with me if you feel I can improve this page.
Thank you, Ty Lacroix Broker of Record
