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For sale
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$315,000

Estimated value $299K–$328K

Est. $1,476/mo mortgage

3+1bd·2ba·1,200-1,399sqft

550 Second Street #59 · London East, N5V 3S3

MLS® X13550350

94 days on market94 days on market

Listed Jul 10, 2026

Listing courtesy of Right At Home Realty·Listing last changed 5 days ago

Key facts

Property type
Condo Townhouse
Square footage
1200-1399 sqft
Storeys
1
Age
31-50 years
Parking
1 space
Property tax
$1,217/yr (2025)

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.

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Property details

Interior

Size
1200-1399 sqft
Bedrooms
3 above grade, 1 lower level
Rooms
7 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
None
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Age
31-50 years
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Rolled
Storeys
1
Exposure
North

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$376/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$1,217/yr (2025)
Corporation
MCC 330
Managed by
Lionheart PM

Building amenities

BBQs Allowed

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

Estimated value range

$299K–$328K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,357/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,476
Property tax$101
Insurance (est.)$66
Utilities (est.)$250
Condo fee$376
Total monthly$2,269
Land transfer tax$3,200 on closing

Ontario LTT

$3,200

First-time rebate

−$3,200

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

Price & listing history

$315,000

Listed Jul 10, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

63 - 595 THIRD Street, London EastSold

63 - 595 THIRD Street, London East

3 bd·2 ba·1,000-1,199 sqft
116 - 1775 Culver Drive, London EastSold

116 - 1775 Culver Drive, London East

3 bd·2 ba·1,000-1,199 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.4 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 93.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$301,833

Sale-to-list ratio

93.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $80,000 household income

Minimum household income required

$80,000

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.

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Rental market$2,300/mo median for 3 bed nearby

$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 51 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.

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519-859-4579 · colin@searchlondonhomes.com

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