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219 Fairway Avenue

London East, N5W 1J2·MLS® X13208490·

Listing courtesy of Re/max Centre City Realty INC.·Updated May 31

For sale
1 / 37
2Beds
2Baths
700-1,100Sqft
51-99Year Built

Listing price

$475,000

Est. $2,262/mo

Days on market

17

Listed May 28, 2026

Description

Get here fast-this one is priced to sell. Solid brick bungalow on private mature lot on a very quiet street in Fairmont, one of East London's prettiest, mature subdivisions. Excellent floorplan-this one has been modified from a 3 bedroom on the main floor to a two bedroom, now with an open, formal dining room/area off the updated eat-in kitchen featuring maple shaker cabinetry. Could easily be converted back to 3 bedrooms if desired. Replacement windows throughout. Bright & spacious living room features original hardwood flooring & a 3 season sunroom off the dining room offers a relaxing space overlooking the very private rear yard. Lower level space is excellent with an abundance of windows: very spacious family room with gas fireplace (requires pilot burner assembly) & two windows for lots of natural light, as well as an additional spacious room (also with 2 windows) that could easily be a 3rd bedroom with installation of an egress window, an oversized 2 piece bathroom large enough to be renovated to 3 piece with shower & an additional office or storage room. Separate side entrance to lower level makes for nice setup for income or possible suite in basement. Newer furnace & air (August/24) & an excellent detached garage or workshop with excellent electrical as well as its own separate gas furnace (owner has not used garage furnace in approximately 12 years & makes no warranties or representations on it). Super value here & an excellent opportunity to increase value and build equity. Why look at semi-detached when you can own fully detached at the same price point?

Property details

Garage

1 car Detached

Basement

Full, Finished

Parking

4 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$475,000At Market
$446,500$503,500

82% confidence · 4 comparable sales analysed

Location & neighbourhood

East O

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,262
Property tax$515
Insurance (est.)$99
Utilities (est.)$250
Total monthly$3,126

Land transfer tax

Ontario LTT

$5,975

First-time rebate

$4,000

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

Price & listing history

May 28, 2026Listed
$475,000

Sold comparables nearby

227 Ellsworth Avenue, London EastSold

$420,000

227 Ellsworth Avenue, London East

3 bd·2 ba·700-1,100 sqft
20 Coventry Avenue, London EastSold

$445,000

20 Coventry Avenue, London East

3 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East O

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

$1,900

Rental yield

4.8%

Est. cash flow

-$1,226

Cap rate

3.2%

Best time to sell

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

Affordability

Minimum household income required

$117,221

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

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AI estimate

$475,000

At Market

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