$229,000
Est. $1,073/mo mortgage
40 Arbour Glen Crescent · London East, N5Y 1Z9
MLS® X13482704
Listed Jun 24, 2026
Listing courtesy of Century 21 First Canadian Corp·Updated Aug 5
Description
Welcome to 40 Arbour Glen, an incredible opportunity for first-time home buyers, investors, or anyone looking for an affordable entry into the London real estate market. With 2 bedrooms, 2 bathrooms, and a functional layout, this home offers the perfect canvas to build equity and make it your own. Ideally situated close to shopping centres, restaurants, schools, parks, public transit, and Western University, it's an excellent option for students, young professionals, families, or investors seeking strong long-term value
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Property details
Interior
- Interior
- 1000-1199 sqft
- Rooms
- 9 rooms
- Bathrooms
- 1 × 4-piece on Second, 1 × 3-piece on Basement
- Basement
- Full
- Heating
- Baseboard
- Cooling
- Wall Unit(s)
- Laundry
- N
Building & lot
- Type
- Condo Townhouse, 2-Storey
- Exterior
- Brick, Vinyl Siding
- Storeys
- 1
- Exposure
- South
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $408/mo
- Fee includes
- water, parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,760/yr (2025)
- Corporation
- MCC 80 80
- Managed by
- Village Property Management
Rooms
Main
- Living Room
- 9.94 × 3.48 m
- Kitchen
- 3.25 × 2.6 m
Second
- Bedroom 2
- 3.47 × 3.46 m
- Bathroom, 4 Pc Bath
- 1.52 × 4.66 m
- Bedroom
- 5.34 × 3.46 m
Basement
- Laundry
- 1.74 × 2.1 m
- Bathroom, 3 Pc Bath
- 1.25 × 2.6 m
- Living Room
- 4.2 × 3.29 m
- Recreation
- 2.77 × 3.38 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
79% confidence · 39 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly paymentest. $1,917/mo all in
Monthly payment estimate
Land transfer tax$2,015 on closing
Ontario LTT
$2,015
First-time rebate
−$2,015
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jun 24, 2026
Sold comparables nearby
Sold$225,000
11 - 311 Vesta Road, London East
Sold$437,000
43 - 99 Edgevalley Road, 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 95.3% of asking.
Avg. sold price
$351,750
Sale-to-list ratio
95.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $60,000 household income
Minimum household income required
$60,000
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$1,800/mo median for 2 bed nearby
$1,800/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 26 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
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