$278,000
Est. $1,302/mo mortgage
470 Second Street #15 · London East, N5V 3X3
MLS® X12482686
Listed Oct 26, 2025
Listing courtesy of Fortune 2 Realty INC.·Updated Jul 30
Description
AS IS: Previously Tenanted 2-storey townhouse located within walking distance to Fanshawe College and Forest City Public School. This bright and inviting home offers 3+1 bedrooms and 1.5 bathrooms, making it perfect for families, students, or investors alike. The main floor features a functional layout with a kitchen, dining area, and a spacious living room that opens to a private backyard - ideal for relaxing or entertaining. Upstairs, you'll find three generous bedrooms and a 4-piece bathroom. The finished basement adds even more living space, complete with a fourth bedroom and a large laundry/storage room. Enjoy carpet-free living throughout with laminate flooring on all levels. The property also includes two assigned parking spaces (one designated visitor spot). Currently tenanted but vacant possession is available if required, this property offers a great opportunity for both homeowners and investors. Viewing available based on 48 hour notice only. Seller is motivated to sell so please submit offers with 48Hr Irrevocable.
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Property details
Interior
- Interior
- 1000-1199 sqft
- Rooms
- 8 rooms
- Bathrooms
- 1 × 2-piece on Main, 2 × 3-piece on Second
- Basement
- Partially Finished
- Heating
- Forced Air
- Cooling
- Central Air
- Laundry
- N
Building & lot
- Type
- Condo Townhouse, 2-Storey
- Age
- 31-50 years
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Storeys
- 1
- Exposure
- North South
Parking
- Parking
- 2 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $395/mo
- Fee includes
- parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,676/yr (2025)
- Corporation
- UNKNOWN 220
- Managed by
- LIONHEART
Rooms
Main
- Bathroom, 2 Pc Bath
- n/a
- Living Room
- 5.61 × 3.35 m
- Kitchen
- 2.28 × 1.82 m
- Dining Room
- 3.04 × 2.61 m
Second
- Bedroom 3
- 2.87 × 2.56 m
- Primary Bedroom
- 4.57 × 3.35 m
- Bedroom 2
- 3.5 × 2.74 m
- Bathroom, 4 Pc Bath
- n/a
Basement
- Bedroom 4
- 3.4 × 2.08 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
85% confidence · 37 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,173/mo all in
Monthly payment estimate
Land transfer tax$2,645 on closing
Ontario LTT
$2,645
First-time rebate
−$2,645
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 26, 2025
Sold comparables nearby
Sold$307,000
32 - 1600 Culver Drive, London East
Sold$345,000
8 - 1215 Cheapside Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.8% of asking.
Avg. sold price
$312,000
Sale-to-list ratio
94.8%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $71,000 household income
Minimum household income required
$71,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$2,295/mo median for 3 bed nearby
$2,295/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 51 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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