$299,000
Est. $1,401/mo mortgage
626 First Street #505 · London East, N5V 2A2
MLS® X13619660
Listed Jul 30, 2026
Listing courtesy of Sutton Group - Select Realty·Updated Sep 2
Description
This versatile property can be your new home or an investment opportunity! This top-floor condo is conveniently located across from Fanshawe College. is offered turn-key and currently retrofit to accommodate 4 single student rental rooms, kitchen and 2 full baths. Can also be easily reversed back to a single family unit. All bedroom furnishings are included - smart tv's, beds, desks, bookshelves and more! The solid brick building is equipped with an elevator and security cameras throughout. A helpful on-site building manager, 1 assigned parking spot, and water are also included. Other amenities include restaurants, stores, parks, and transportation.
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Property details
Interior
- Interior
- 800-899 sqft
- Rooms
- 7 rooms
- Bathrooms
- 2 × 4-piece
- Basement
- None
- Heating
- Baseboard
- Cooling
- None
- Laundry
- Y
Building & lot
- Type
- Condo Apartment, 1 Storey/Apt
- Exterior
- Brick
- Storeys
- 5
- Exposure
- South East
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $536/mo
- Fee includes
- water, parking
- Pets
- Yes-with Restrictions
- Property tax
- $2,213/yr (2025)
- Corporation
- MCC 233
- Managed by
- Sean Eglinston
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 · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $2,429/mo all in
Monthly payment estimate
Land transfer tax$2,960 on closing
Ontario LTT
$2,960
First-time rebate
−$2,960
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 30, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$345,000
unit304 - 626 First Street, London East
$365,000
202 - 626 FIRST Street, London East
See what these 3 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 3 sales in the last 90 days, at an average of 94.6% of asking.
Avg. sold price
$360,000
Sale-to-list ratio
94.6%
Based on 3 recent comparable sales near this home.
Affordabilityneeds $76,000 household income
Minimum household income required
$76,000
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$2,500/mo median for 4 bed nearby
$2,500/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 10 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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