626 First Street #505
London East, N5V 2A2·MLS® X13619660
Listing courtesy of Sutton Group - Select Realty·Updated 5 hours ago
Listing price
$299,000
Est. $1,424/mo
Days on market
Listed Jul 30, 2026
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.
Property details
Basement
None
Parking
1 spaces
Type
Condo Apartment — 1 Storey/Apt
Heating
Baseboard
Property tax
$2,213/yr (2025)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
62% confidence · 8 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
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
Sold comparables nearby
Sold$345,000
unit304 - 626 First Street, London East
$365,000
202 - 626 FIRST Street, London East
See all 3 sold comparables
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Market conditions · East H
Avg. sold price
$360,000
Sale-to-list ratio
94.6%
Based on 3 recent comparable sales near this home.
Affordability
Minimum household income required
$77,249
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$267,384
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colinabbot@gmail.com
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