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$399,000

Est. $1,869/mo mortgage

1bd·1ba·700-1,100sqft

55 Linwood Street · London East, N5Y 1W1

MLS® X13149160

126 days on market126 days on market

Listed May 20, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated May 20

Description

Welcome to 55 Linwood Street, a cozy and unique bungalow thats full of charm and potential. Currently a one-bedroom, one-bathroom home, it can easily be converted back into a two-bedroom layout to suit your needs. Everything is on one level, making it convenient and accessible for all lifestyles. Recent updates include a durable metal roof built to last for decades, an 8-year-old furnace and central air conditioning system, and energy-efficient double-pane vinyl windows, electrical panel giving you peace of mind and long-term savings. The property also features well-maintained front and back yards, with the backyard offering a true garden paradise complete with a variety of plants, a small greenhouse, and a garden shed. Cute as a button and move-in ready, this home is ideal for first-time buyers, downsizers, or anyone looking for a peaceful retreat with room to grow. Situated in a well-connected neighborhood close to schools, shopping, transit, and all amenities, this property is an affordable opportunity you wont want to miss.

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Property details

Interior

Interior
700-1100 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
33 × 132 ft
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Metal
Water & sewer
Sewer

Parking

Parking
2 spaces

Fees & taxes

Property tax
$2,816/yr (2025)

Rooms

Main

Kitchen
3.35 × 3.05 m
Dining Room
2.74 × 3.35 m
Bedroom
5.49 × 2.5 m
Sitting
2.74 × 4.27 m
Living Room
3.35 × 3.35 m

Basement

Bedroom 2
2.4 × 3.2 m

AI property estimate

$380,000Estimate is ~4.8% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$342,000$418,000

78% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,443/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,869
Property tax$240
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,443
Land transfer tax$4,460 on closing

Ontario LTT

$4,460

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$399,000

Listed May 20, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

479 Woodman Avenue, London EastSold

479 Woodman Avenue, London East

2 bd·1 ba·700-1,100 sqft
787 William Street, London EastSold

787 William Street, London East

2 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Argyle

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$420,700

Sale-to-list ratio

96.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $100,000 household income

Minimum household income required

$100,000

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$1,295/mo median for 1 bed nearby

$1,295/month is the median rent for 1-bedroom homes leased within 3km over the past 12 months, across 39 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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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