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Homes for Sale in London, Ontario

550 Second Street #59

London East, N5V 3S3·MLS® X13550350·

Listing courtesy of Right At Home Realty·Updated 4 hours ago

For sale
1 / 46
3Beds
2Baths
1,200-1,399Sqft
31-50Year Built

Listing price

$359,000

Est. $1,710/mo

Days on market

1

Listed Jul 10, 2026

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.

Property details

Basement

Full, Partially Finished

Parking

1 spaces

Type

Condo Townhouse — 2-Storey

Heating

Forced Air

AI property estimate

$360,000At Market
$340,395$384,187

60% confidence · 11 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East H

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,710
Property tax$389
Insurance (est.)$75
Utilities (est.)$250
Total monthly$2,424

Land transfer tax

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

Jul 10, 2026Listed
$359,000

Sold comparables nearby

45 - 550 Second Street, London EastSold

$398,900

45 - 550 Second Street, London East

3 bd·3 ba·1,200-1,399 sqft
77 - 595 Third Street, London EastSold

$310,000

77 - 595 Third Street, London East

3 bd·2 ba·1,200-1,399 sqft

See all 10 comparables

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Market conditions · East H

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

$1,436

Rental yield

4.8%

Est. cash flow

-$988

Cap rate

3.2%

Best time to sell

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

Affordability

Minimum household income required

$90,890

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

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AI estimate

$360,000

At Market

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