$474,900
Est. $2,225/mo mortgage
53#1625 PURSER Street · London East, N5V 0A7
MLS® X13215390
Listed May 29, 2026
Listing courtesy of Initia Real Estate·Updated 6 days ago
Description
This move-in-ready, multi-level townhome by Rembrandt Homes in North East London offers exceptional value through its functional five-level layout, premium upgrades like hardwood flooring and a quartz kitchen island, and low condo fees for maintenance-free living. Featuring three bedrooms, 2.5 bathrooms, a finished lower level, and an attached garage with inside entry, this bright and immaculate unit is perfect for buyers looking to build equity rather than rent. Its strategic proximity to Western University, Fanshawe College, University Hospital, and local shopping plazas makes it highly attractive for both first-time homebuyers and savvy real estate investors looking for a turn-key property.
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Property details
Interior
- Interior
- 1200-1399 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece on Second, 1 × 3-piece on Second, 1 × 2-piece on Main
- Basement
- Partially Finished, Walk-Up
- Heating
- Forced Air
- Cooling
- Central Air
- Laundry
- Y
Building & lot
- Type
- Condo Townhouse, Stacked Townhouse
- Exterior
- Vinyl Siding, Brick
- Storeys
- 1
- Exposure
- South
Parking
- Garage
- 1 car Attached
- Parking
- 2 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $350/mo
- Fee includes
- parking
- Pets
- Yes-with Restrictions
- Property tax
- $3,571/yr (2025)
- Corporation
- Middlese 750
- Managed by
- Parkside Property Management
Rooms
Main
- Kitchen
- 3.15 × 2.29 m
- Dining Room
- 2.82 × 2.29 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
80% confidence · 39 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly paymentest. $3,210/mo all in
Monthly payment estimate
Land transfer tax$5,973 on closing
Ontario LTT
$5,973
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed May 29, 2026
Sold comparables nearby
Sold$225,000
11 - 311 Vesta Road, London East
Sold$496,000
120 - 177 Edgevalley Road, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.5% of asking.
Avg. sold price
$447,917
Sale-to-list ratio
95.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $118,000 household income
Minimum household income required
$118,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$2,625/mo median for 3 bed nearby
$2,625/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 55 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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