$345,600
Est. $1,619/mo mortgage
626 First Street #204 · London East, N5V 2A2
MLS® X13596044
Listed Jul 21, 2026
Listing courtesy of Prime Real Estate Brokerage·Updated Jul 23
Description
Whether you are a savvy investor looking to add a cash flowing asset to your portfolio or a parent with a child attending Fanshawe College, this one checks every box.Welcome to this bright and well-maintained 3 bedroom, 2 full bathroom condo apartment located on the second floor and just steps from Fanshawe College and everything the neighbourhood has to offer. With a built-in tenant pool right at your doorstep, this property practically markets itself.Inside you will find a thoughtfully updated space with a long list of recent improvements already taken care of for you. The entire unit was freshly painted in August 2025, giving it a clean and modern feel from the moment you walk in. The kitchen features a brand new sink and countertop installed in January 2025, a stylish backsplash, and a newer stove making it both functional and visually appealing. Both full bathrooms received updated toilets and minor updates in 2022, and the entire unit is carpet free following the installation of luxury vinyl plank flooring throughout in 2020.The layout offers comfortable living and dining areas that flow naturally together, while the private open balcony gives you that outdoor space to relax and recharge. Three generously sized bedrooms and two full bathrooms make this an ideal setup for students, young professionals, or families alike.Properties this close to Fanshawe do not stay available for long. Student demand in this area remains consistently strong year round, making vacancy a rare concern for investors who own here. Whether you choose to live here or lease it out, the location and the upgrades make this an easy decision.Move-in ready, well maintained, and priced to move.
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Property details
Interior
- Interior
- 900-999 sqft
- Rooms
- 8 rooms
- Bathrooms
- 2 × 4-piece on Main
- Basement
- None
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Laundry
- N
Building & lot
- Type
- Condo Apartment, Apartment
- Exterior
- Brick
- Storeys
- 2
- Exposure
- East
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $625/mo
- Fee includes
- water, parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,794/yr (2026)
- Corporation
- MCC 239
- Managed by
- Sean Eglinston
Rooms
Main
- Bedroom
- 4.26 × 3.65 m
- Bedroom
- 4.26 × 3.65 m
- Bedroom
- 4.26 × 3.65 m
- Kitchen
- 3.04 × 3.04 m
- Living Room
- 5.48 × 6.09 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
80% confidence · 39 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,774/mo all in
Monthly payment estimate
Land transfer tax$3,659 on closing
Ontario LTT
$3,659
First-time rebate
−$3,659
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 21, 2026
Sold comparables nearby
Sold$475,000
1102 - 19 KING Street, London East
Sold$199,900
1901 - 389 Dundas Street, 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 95.5% of asking.
Avg. sold price
$358,983
Sale-to-list ratio
95.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $87,000 household income
Minimum household income required
$87,000
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$2,250/mo median for 3 bed nearby
$2,250/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 61 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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