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261 Winnipeg Street

London East, N5W 4T8·MLS® X13457190·

Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated yesterday

For sale
1 / 17
2Beds
3Baths
700-1,100Sqft
Year Built

Listing price

$459,000

Est. $2,186/mo

Days on market

3

Listed Jun 17, 2026

Description

Welcome to this charming and well-maintained 2-bedroom home located in a mature, family-friendly neighborhood surrounded by beautiful trees. Originally designed as a 3-bedroom home, it has been thoughtfully converted to a 2 bedroom to provide a more spacious and functional layout. The bright main floor offers comfortable living and dining areas, along with a full 3-piece bathroom. The fully finished basement provides valuable additional living space, perfect for a recreation room, home office, gym, or guest area, and features an additional TWO 3 piece bathrooms .Situated on a mature lot in an established neighborhood, this home offers comfort, character, and convenience. Ideally located close to schools, parks, shopping, public transit, and other essential amenities, it is an excellent opportunity for first-time buyers, downsizers, or investors alike. As an added bonus, the seller is offering a $3,000 credit to the buyer upon closing to assist with repainting and personalizing the home to their taste.

Property details

Basement

Finished

Parking

3 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$440,640Below Market
$413,100$468,180

82% confidence · 4 comparable sales analysed

Location & neighbourhood

East H

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,186
Property tax$497
Insurance (est.)$96
Utilities (est.)$250
Total monthly$3,029

Land transfer tax

Ontario LTT

$5,655

First-time rebate

$4,000

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

Price & listing history

Jun 17, 2026Listed
$459,000

Sold comparables nearby

75 Stevenson Avenue, London EastSold

$522,000

75 Stevenson Avenue, London East

2 bd·2 ba·1,100-1,500 sqft
73 Queenston Crescent, London EastSold

$482,000

73 Queenston Crescent, London East

2 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East H

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

$1,836

Rental yield

4.8%

Est. cash flow

-$1,193

Cap rate

3.2%

Best time to sell

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

Affordability

Minimum household income required

$113,601

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

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AI estimate

$440,640

Below Market

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