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752 Kipps Lane #809

London East, N5Y 4V4·MLS® X13151108·

Listing courtesy of Revel Realty INC.·Updated May 20

For sale
1 / 21
1Beds
1Baths
600-699Sqft
Year Built

Listing price

$249,900

Est. $1,190/mo

Days on market

25

Listed May 20, 2026

Description

This 1-bedroom, 1-bath condo is full of potential and ready for your personal touch. Offering a functional layout, generous natural light, and a fantastic opportunity to build equity, this unit is ideal for first-time buyers, investors, or handy homeowners looking to create something special. Located in a convenient area close to shopping, transit, and everyday amenities. All appliances are sold in "as is" condition. Previously tenant occupied. Everything in the Unit is "as is where is". With a little TLC, this condo could truly shine!

Property details

Basement

None

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Baseboard

AI property estimate

$257,647Above Market
$242,653$272,641

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Stoney Creek

London East, ON

One of London's fastest-growing areas with parks, ponds, and creek-side trails.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,190
Property tax$271
Insurance (est.)$52
Utilities (est.)$250
Total monthly$1,763

Land transfer tax

Ontario LTT

$2,224

First-time rebate

$2,224

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

Price & listing history

May 20, 2026Listed
$249,900

Sold comparables nearby

607 - 1235 Richmond Street, London EastSold

$485,000

607 - 1235 Richmond Street, London East

2 bd·2 ba·800-899 sqft
614 - 1235 Richmond Street, London EastSold

$487,000

614 - 1235 Richmond Street, London East

2 bd·2 ba·900-999 sqft

See all 10 comparables

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Market conditions · East A

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$1,000

Rental yield

4.8%

Est. cash flow

-$763

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$66,110

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$257,647

Above Market

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