440 Central Avenue #405
London East, N6B 2E5·MLS® X13209578·
Listing courtesy of Century 21 First Canadian Corp·Updated Jun 2
Listing price
$229,999
Est. $1,095/mo
Days on market
Listed May 28, 2026
Description
Attention Investors, First Time Home Buyers and Retirees! An amazing opportunity to own an upscale condominium unit located in the heart of Historic Woodfield. Ideally located in a prime location, close to many amenities such as public transit, restaurants, shopping and Victoria Park.This maintenance free west facing unit is a bright open living space designed for both relaxation and functionality. With many updates and upgrades ... carpet free, freshly painted throughout, refreshed kitchen with new kitchen countertop, new kitchen cabinet hardware, new custom-made upper cabinet storage/cubbies, new slimline microwave above range, above counter lighting, new bathroom vanity complete with new sink and faucet, some new light fixtures and ceiling fan, just to mention a few. Laundry room is conveniently located on the same floor. Situated in a well-maintained building with secured entry, elevator, storage locker and ample parking. CONDO FEES INCLUDE HEAT, HYDRO, WATER, PARKING, BUILDING INSURANCE AND COMMON ELEMENT MAINTENANCE. Enjoy the fantastic events/party room for gatherings, watching sports games on the big screen TV and enjoying the free WIFI available. Enjoy the outdoors lounging on the sun loungers or sitting on any of the outdoor furniture located on the west facing rooftop patio day or night. Catch the amazing sunsets from the rooftop patio or from the west facing condo unit. This is an ideal condo for anyone seeking a blend of urban living and contemporary style. This bright unit is a picture of modern living in an ideal community.
Property details
Basement
None
Parking
1 spaces
Type
Condo Apartment — Apartment
Heating
Water
AI property estimate
82% confidence · 11 comparable sales analysed
Location & neighbourhood
London East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly payment estimate
Land transfer tax
Ontario LTT
$2,025
First-time rebate
−$2,025
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$318,000
802 - 500 Talbot Street, London East
Sold$202,000
2404 - 389 Dundas Street, London East
See all 10 comparables
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Market conditions · East F
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
$920
Rental yield
4.8%
Est. cash flow
-$723
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$61,597
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$223,285
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