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1840 Culver Drive

London East, N5V 3K6·MLS® X13249478·

Listing courtesy of Keller Williams Lifestyles·Updated Jun 5

For sale
1 / 11
3Beds
2Baths
700-799Sqft
31-50Year Built

Listing price

$299,900

Est. $1,428/mo

Days on market

9

Listed Jun 5, 2026

Description

Welcome to 1840 Culver Drive - a spacious and versatile property offering exceptional value and upside potential. Featuring six generously sized bedrooms, this home provides flexibility for growing families, multi-generational living, or those seeking additional workspace. This property is well-suited for first-time home buyers, downsizers, investors seeking a single-family rental, or contractors looking for a value-add renovation opportunity. The property will be vacant on possession, allowing for immediate occupancy or renovation. Location is key - just a 30-second walk to public transit and only a five-minute bus ride or short walk to Fanshawe College. You're also conveniently close to shopping centres, parks, places of worship, and Highway 401.Additional features include three dedicated parking spaces on the property, plus visitor parking within the complex, as well as municipal garbage collection for added convenience. A rare chance to secure a well-located property with strong fundamentals and long-term growth potential - priced to sell.

Property details

Basement

Finished

Parking

3 spaces

Type

Common Element Condo — Bungalow

Heating

Forced Air

AI property estimate

$309,197Above Market
$291,203$327,191

82% confidence · 8 comparable sales analysed

Location & neighbourhood

East I

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,428
Property tax$325
Insurance (est.)$62
Utilities (est.)$250
Total monthly$2,065

Land transfer tax

Ontario LTT

$2,974

First-time rebate

$2,974

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

Price & listing history

Jun 5, 2026Listed
$299,900

Market conditions · East I

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

$1,200

Rental yield

4.8%

Est. cash flow

-$865

Cap rate

3.3%

Best time to sell

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

Affordability

Minimum household income required

$77,446

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

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AI estimate

$309,197

Above Market

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