750 Kipps Lane #814
London East, N5Y 4R9·MLS® X13155246·
Listing courtesy of Gale Group Realty Brokerage LTD·Updated May 22
Listing price
$270,000
Est. $1,286/mo
Days on market
Listed May 21, 2026
Description
Bright and spacious, this inviting 2 bedroom, 1 bathroom condo offers an excellent opportunity for first time homeowners or investors seeking a strong addition to their portfolio. The living area flows to the open balcony, perfect for morning coffee or unwinding after a long day. Large windows flood the space with natural light, creating a welcoming atmosphere. Well located and close to shopping, dining, transit, and other amenities, this unit combines convenience with comfortable living.
Property details
Basement
None
Type
Condo Apartment — Apartment
Heating
Baseboard
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Established subdivision east of Masonville surrounded by the Stoney Creek Valley.
Monthly payment estimate
Land transfer tax
Ontario LTT
$2,525
First-time rebate
−$2,525
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$485,000
607 - 1235 Richmond Street, London East
Sold$487,000
614 - 1235 Richmond Street, London East
See all 10 comparables
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Market conditions · East A
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
$1,080
Rental yield
4.8%
Est. cash flow
-$804
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$70,666
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$256,500
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