Skip to content

550 Second Street #59

London East, N5V 3S3·MLS® X13550350

Listing courtesy of Right At Home Realty·Updated Jul 12

Listing price

$359,000

Est. $1,710/mo

Days on market

47

Listed Jul 10, 2026

For sale
1 / 46
3bd·2ba·1,200-1,399sqft·31–50 yearsold

Description

Recently renovated & updated 3 Bedroom + Condo Townhouse. Spacious Large living area with a big Bay Window. Newer 4 pc washroom upstairs. The updated Kitchen is bright & appealing. The Lower level boasts of a large family room , can be easily used as additional bedroom. Rough in for additional full washroom . Washer / Dryer in the Laundry Room. This unit is steps away from FANSHAWE COLLEGE. Appealing to First Time Buyers , Investors. Very close to Shopping centres, Transit routes. Quick closing available.

Read more ›

Property details

Type
Condo Townhouse — 2-Storey
Age
31-50 years
Interior
1200-1399 sqft
Rooms
7 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
None
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Rolled
Parking
1 spaces
Condo fee
$376/mo
Fee includes
Y
Property tax
$1,217/yr (2025)

Rooms

Main

Kitchen Vinyl Floor
3.47 × 3.3 m
Living Room Vinyl Floor
4.87 × 3.35 m
Dining Room Vinyl Floor
3.3 × 2.28 m

Second

Bedroom 2 Vinyl Floor
2.99 × 2.64 m
Bedroom Vinyl Floor
4.19 × 3.42 m
Primary Bedroom Vinyl Floor
4.29 × 3.42 m

Basement

Family Room Vinyl Floor
4.9 × 3.6 m

AI property estimate

$342,835~4.5% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$308,552$377,119

86% confidence · 36 sold homes within 2 km, by price per sq ft

Location & neighbourhood

London East

London East, ON

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,710
Property tax$389
Insurance (est.)$75
Utilities (est.)$250
Total monthly$2,424
Land transfer taxOne-time, on closing

Ontario LTT

$3,860

First-time rebate

$3,860

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

Price & listing history

Listed 3 times · asking price up 4% from the first ask

$359,000 6%

Listed Jul 10, 2026

On the market
$339,900 2%

Listed Apr 1, 2026 · 99 days on market

Taken off the market

Jul 9, 2026

$345,900

Listed Sep 15, 2025 · 197 days on market

Listing expired

Mar 31, 2026

296 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

49 - 536 Third Street, London EastSold

$330,000

49 - 536 Third Street, London East

3 bd·2 ba·1,200-1,399 sqft
51 - 595 Third Street, London EastSold

$265,000

51 - 595 Third Street, London East

3 bd·2 ba·1,000-1,199 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$322,500

Sale-to-list ratio

93.8%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$90,890

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

Not sure about financing? Ask Colin

Similar Listings

Own a home in London East?

Homes are selling in an average of 47 days.

Get your free valuation →

AI estimate

$342,835

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

Message Colin about this home

By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc.. You can unsubscribe at any time.

Get notified about similar homes

New condo townhouse listings in East H.