54 Manitoulin Drive
London East, N5W 1M4·MLS® X13479408·
Listing courtesy of Century 21 First Canadian Corp·Updated 4 hours ago
Listing price
$675,950
Est. $3,219/mo
Days on market
Listed Jun 23, 2026
Description
Welcome to 54 Manitoulin Drive - a fully renovated, turnkey home situated on a large lot in a desirable neighbourhood. This move-in-ready property offers a bright and modern interior with new engineered hardwood flooring throughout the main floor, fresh paint, and stylish finishes throughout. The updated kitchen is equipped with brand new appliances, including a new fridge, stove, and dishwasher, making it ideal for everyday living and entertaining.Major updates include a new roof (2026) and a new furnace and A/C system (2026), providing added value and comfort. Conveniently located near schools, parks, playgrounds, public transit, shopping centres, restaurants, and everyday amenities, this home offers the convenience today's buyers are looking for. Situated in the established Fairmont area, residents enjoy easy access to nearby schools, community parks, recreation facilities, and major routes throughout the city. Whether you're a first-time buyer, growing family, downsizer, or investor, this beautifully updated property is ready for its next owner to enjoy.
Property details
Basement
Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 10 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$9,994
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$400,000
99 Egerton Street, London East
Sold$665,000
9 CHRISTOPHER Court, London South
See all 10 comparables
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Market conditions · East O
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
$2,704
Rental yield
4.8%
Est. cash flow
-$1,639
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$162,849
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$696,566
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