218 Vancouver Street
London East, N5W 4R8·MLS® X13478550·
Listing courtesy of Century 21 First Canadian Corp·Updated 4 hours ago
Listing price
$499,900
Est. $2,381/mo
Days on market
Listed Jun 23, 2026
Description
You will love this affordable and well-maintained 2+1 bedroom bungalow located in the popular Argyle neighbourhood. Situated on a generous lot, this home offers plenty of space for first-time buyers, downsizers, or investors alike. The main floor features a bright and functional layout, while the fully finished lower level, completed in 2023, adds valuable living space with super intriguing and durable epoxy flooring, a 2-piece bathroom, and an additional bedroom or office. Major updates include newer windows, a roof replaced in 2020, and spray foam insulation on the lower foundation walls and rim joists for improved energy efficiency and comfort. Enjoy the added living space provided by the rear sunroom and deck, perfect for relaxing or entertaining. Large rear yard, enjoy summer nights around the fire pit. With room to add your own personal touches and continue building equity, this home offers exceptional value in a family-friendly neighbourhood close to schools, parks, shopping, and amenities. Don't miss this opportunity.
Property details
Basement
Finished, Full
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$490,000
1947 Royal Crescent, London East
Sold$495,000
132 Toulon Crescent, 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
$2,000
Rental yield
4.8%
Est. cash flow
-$1,276
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$122,867
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$515,397
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