223 Winnipeg Street
London East, N5W 4T8·MLS® X13172446·
Listing courtesy of Blue Forest Realty INC.·Updated May 28
Listing price
$419,900
Est. $2,000/mo
Days on market
Listed May 25, 2026
Description
Welcome to this spacious 3-bedroom, 2-bathroom home situated in a convenient, family-friendly neighbourhood in London, close to schools, parks, shopping, transit, and everyday amenities. Offering great potential and functional living space, this home is ideal for families, first-time buyers, or investors alike. The main floor features a bright and inviting living room filled with natural light, along with three generously sized bedrooms and a full bathroom. The partially finished lower level offers a large rec room, second bathroom, dedicated laundry area, and ample storage space. A separate side entrance provides excellent flexibility for multigenerational living, a guest suite, or future in-law suite potential. Step outside to enjoy the nicely sized backyard complete with a sunroom perfect for relaxing, entertaining, or enjoying additional seasonal living space. Don't miss this opportunity to own a versatile home in a desirable London location.
Property details
Basement
Full
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,873
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$420,000
227 Ellsworth Avenue, London East
Sold$445,000
20 Coventry Avenue, London East
See all 10 comparables
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Market conditions · East H
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
$1,680
Rental yield
4.8%
Est. cash flow
-$1,112
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$104,691
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$432,917
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