550 SECOND Street #52
London East, N5V 3S3·MLS® X13423374·
Listing courtesy of Shrine Realty Brokerage LTD.·Updated 3 days ago
Listing price
$314,900
Est. $1,500/mo
Days on market
Listed Jun 9, 2026
Description
Welcome to 550 Second St, Unit 52! This spacious townhouse features a functional layout with 3 bedrooms 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 )
Property details
Basement
Finished, Full
Parking
1 spaces
Type
Condo Townhouse — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
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
Sold comparables nearby
Sold$310,000
77 - 595 Third Street, London East
Sold$370,000
36 - 577 Third Street, London East
See all 10 comparables
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Market conditions · East H
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
$1,260
Rental yield
4.8%
Est. cash flow
-$897
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$80,885
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$308,917
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