$314,900
Est. $1,475/mo mortgage
550 SECOND Street #52 · London East, N5V 3S3
MLS® X13423374
Listed Jun 9, 2026
Listing courtesy of Shrine Realty Brokerage LTD.·Updated Jun 16
Description
Welcome to 550 Second St, Unit 52! This spacious townhouse features a functional layout with 3+1 bedrooms (basement room) and 2.5 bathrooms, ideal for families or investors. The main floor offers a bright kitchen with a large window, a dedicated dining area, and a comfortable living room. Peace of mind comes standard with a new roof, along with the comfort of central gas heating and central air conditioning. Upstairs, you will find three generous bedrooms, while the finished basement provides a versatile recreation room. Complete with a fully fenced backyard and situated just steps from Fanshawe College, this move-in-ready property is an excellent high-potential investment or personal residence. ( **Pictures are Virtually Edited )
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Property details
Interior
- Interior
- 1200-1399 sqft
- Rooms
- 8 rooms
- Bathrooms
- 1 × 2-piece on Main, 1 × 3-piece on Second, 1 × 3-piece on Basement
- Basement
- Finished, Full
- Heating
- Forced Air
- Cooling
- Central Air
- Laundry
- N
Building & lot
- Type
- Condo Townhouse, 2-Storey
- Exterior
- Other, Brick
- Foundation
- Other
- Roof
- Other
- Storeys
- 1
- Exposure
- East
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $370/mo
- Fee includes
- parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,710/yr (2025)
- Corporation
- MCC 330
- Managed by
- Lionheart Property Management Inc
Building amenities
Visitor Parking
Rooms
Main
- Dining Room
- 3.2 × 2.2 m
- Bathroom, 2 Pc Bath
- n/a
- Kitchen
- 3.5 × 3.22 m
- Living Room
- 6.01 × 5.25 m
Second
- Bedroom
- 2.74 × 2.87 m
- Bedroom
- 4.01 × 3.25 m
- Primary Bedroom
- 4.64 × 3.35 m
- Bathroom, 3 Pc Bath
- n/a
Basement
- Bedroom
- 4.62 × 3.4 m
- Bathroom, 3 Pc Bath
- n/a
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
86% confidence · 36 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,351/mo all in
Monthly payment estimate
Land transfer tax$3,199 on closing
Ontario LTT
$3,199
First-time rebate
−$3,199
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jun 9, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$307,000
32 - 1600 Culver Drive, London East
Sold$345,000
8 - 1215 Cheapside Street, 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 94.8% of asking.
Avg. sold price
$312,000
Sale-to-list ratio
94.8%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $80,000 household income
Minimum household income required
$80,000
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$2,295/mo median for 3 bed nearby
$2,295/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 51 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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