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54 Manitoulin Drive

London East, N5W 1M4·MLS® X13479408·

Listing courtesy of Century 21 First Canadian Corp·Updated 4 hours ago

For sale
1 / 32
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$675,950

Est. $3,219/mo

Days on market

1

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

$696,566Above Market
$656,009$737,123

82% confidence · 10 comparable sales analysed

Location & neighbourhood

East O

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,219
Property tax$732
Insurance (est.)$141
Utilities (est.)$250
Total monthly$4,343

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

Jun 23, 2026Listed
$675,950

Sold comparables nearby

99 Egerton Street, London EastSold

$400,000

99 Egerton Street, London East

2 bd·2 ba·700-1,100 sqft
9 CHRISTOPHER Court, London SouthSold

$665,000

9 CHRISTOPHER Court, London South

3 bd·3 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · East O

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

$2,704

Rental yield

4.8%

Est. cash flow

-$1,639

Cap rate

3.3%

Best time to sell

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

Affordability

Minimum household income required

$162,849

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

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AI estimate

$696,566

Above Market

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