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216 Winnipeg Street

London East, N5W 4T9·MLS® X13600580·

Listing courtesy of Century 21 First Canadian Corp·Updated 1 hour ago

For sale
1 / 45
3Beds
2Baths
700-1,100Sqft
51-99Year Built

Listing price

$519,900

Est. $2,476/mo

Days on market

1

Listed Jul 24, 2026

Description

HONEY, STOP THE CAR! Stunning solid brick bungalow with DETACHED GARAGE located on a quiet street in the heart of Argyle Park. This bright and spacious 3 bedroom, 2 bathroom home is perfect for first time home buyers, young professionals, empty nesters and investors. Truly a beautifully maintained home that has been updated without losing any of its original charm. Bright, sun soaked living room features Oak hardwood, coffered ceiling and large bay window providing plenty of natural light. Functional eat-in kitchen boasts butcher block countertops, tumbled marble backsplash, ceramic tile flooring and BRAND NEW APPLIANCES. Lower level features generous family room with newer carpeting and recessed lighting throughout. Spacious office (perfect for working from home), games room, laundry room, 3 piece bathroom, cold room and LOADS OF STORAGE complete the space. Freshly painted in neutral designer tones. Upgrades include roof, furnace, central air and vinyl replacement windows. Fully fenced private yard with DETACHED WORKSHOP with hydro, is a hobbyist's dream. Step outside onto the flagstone patio, perfect for enjoying that morning cup of coffee or evening glass of wine. Just a short walk to Kiwanis Park, East Lions Park and Thames Valley Parkway, premium hiking trails and sweet serenity awaits you just outside your back door. Located steps from Prince Charles Public School, St. Pius X Catholic School and Princess Anne French Immersion, making this the ideal home for the growing family. The nearby East Lion's Community Centre features a six-lane, 25-meter indoor lap pool and smaller leisure pool; a gymnasium; multi-purpose activity spaces; community kitchen, lounge; universal change rooms and art spaces. A PERFECT LOCATION - Close to all amenities including shopping, great schools, playgrounds, restaurants, arena, community pool and easy Highway 401 access. Pride of ownership is evident in this absolute must see home!

Property details

Garage

1 car Detached

Basement

Full, Finished

Parking

7 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$425,000Below Market
$357,537$495,000

77% confidence · 33 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East H

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,476
Property tax$563
Insurance (est.)$108
Utilities (est.)$250
Total monthly$3,397

Land transfer tax

Ontario LTT

$6,873

First-time rebate

$4,000

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

Price & listing history

Jul 24, 2026Listed
$519,900

Sold comparables nearby

1695 Culver Drive, London EastSold

$505,000

1695 Culver Drive, London East

3 bd·2 ba·700-1,100 sqft
9 STRATHCONA Drive, London EastSold

$555,000

9 STRATHCONA Drive, London East

3 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East H

Buyer's marketBalancedSeller's market

Avg. sold price

$476,750

Sale-to-list ratio

98.2%

Based on 6 recent comparable sales near this home.

Investment analysis

Est. monthly rent

$2,080

Rental yield

4.8%

Est. cash flow

-$1,317

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

$127,401

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

Not sure about financing? Ask Colin

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AI estimate

$425,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Real Estate Agent

519-859-4579 · colinabbot@gmail.com

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