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264 Admiral Drive

London East, N5V 1J1·MLS® X13495214·

Listing courtesy of Century 21 First Canadian Corp·Updated 6 hours ago

For sale
1 / 34
3Beds
2Baths
1,100-1,500Sqft
Year Built

Listing price

$409,000

Est. $1,948/mo

Days on market

2

Listed Jun 26, 2026

Description

NO CONDO FEES! Welcome to 264 Admiral Drive, a move-in ready semi-detached home offering comfort, convenience, and exceptional value in a desirable East London neighbourhood. Freshly painted throughout, this well-maintained 3-bedroom, 1.5-bathroom home is perfect for first-time buyers, families, or investors looking for a turnkey opportunity.The main floor features a bright and inviting living room with plenty of space to relax or entertain, along with a functional kitchen and dining area ideal for everyday living. A convenient 2-piece bathroom completes the main level. Upstairs, you'll find three generously sized bedrooms and a full 4-piece bathroom, providing comfortable space for the whole family.The finished lower level offers a large family room, perfect for movie nights, a play area, home office, or additional living space, plus ample storage. Step outside to enjoy the fully enclosed backyard-ideal for kids, pets, gardening, or summer gatherings.Located in a convenient East London community, this home is close to excellent amenities including schools, parks, shopping, grocery stores, restaurants, and public transit. Nearby amenities include Argyle Mall, Walmart, No Frills, Metro, East Lions Community Centre, and Kiwanis Park. Commuters will appreciate being approximately 10-12 minutes from Highway 401 and having quick access to Highway 402, making travel across the city and beyond simple and convenient.This is a fantastic opportunity to own an affordable, move-in ready home in a family-friendly neighbourhood.

Property details

Basement

Full, Partially Finished

Parking

3 spaces

Type

Semi-Detached — 2-Storey

Heating

Forced Air

AI property estimate

$392,640Below Market
$368,100$417,180

82% confidence · 4 comparable sales analysed

Location & neighbourhood

East I

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,948
Property tax$443
Insurance (est.)$85
Utilities (est.)$250
Total monthly$2,726

Land transfer tax

Ontario LTT

$4,655

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 26, 2026Listed
$409,000

Sold comparables nearby

195 Martinet Avenue, London EastSold

$490,000

195 Martinet Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
16 Bowcott Crescent, London EastSold

$484,000

16 Bowcott Crescent, London East

3 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East I

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

$1,636

Rental yield

4.8%

Est. cash flow

-$1,090

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

$102,227

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

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AI estimate

$392,640

Below Market

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