$459,000
Est. $2,150/mo mortgage
261 Winnipeg Street · London East, N5W 4T8
MLS® X13457190
Listed Jun 17, 2026
Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated Aug 14
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.
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Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 10 rooms
- Bathrooms
- 1 × 3-piece on Main, 2 × 3-piece on Basement
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 56.81 × 134.49 ft
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Other
- Water & sewer
- Sewer
Parking
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $3,092/yr (2026)
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
77% confidence · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,773/mo all in
Monthly payment estimate
Land transfer tax$5,655 on closing
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
Listed Jun 17, 2026
Sold comparables nearby
Sold$500,000
238 Starlight Avenue, London East
Sold$555,000
618 Fieldgate Circle, 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 97.8% of asking.
Avg. sold price
$449,983
Sale-to-list ratio
97.8%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $114,000 household income
Minimum household income required
$114,000
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$1,699/mo median for 2 bed nearby
$1,699/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 49 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
Message Colin about this home
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