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54 Manitoulin Drive

London East, N5W 1M4·MLS® X13657598

Listing courtesy of Century 21 First Canadian Corp·Updated 4 hours ago

Listing price

$645,000

Est. $3,072/mo

Days on market

1

Listed Aug 10, 2026

For sale
1 / 32
3bd·2ba·700-1,100sqft

Description

Welcome to 54 Manitoulin Drive - a fully renovated, turnkey home situated on a large lot in a desirable neighbourhood. This move-in-ready property offers a bright and modern interior with new engineered hardwood flooring throughout the main floor, fresh paint, and stylish finishes throughout. The updated kitchen is equipped with brand new appliances, including a new fridge, stove, and dishwasher, making it ideal for everyday living and entertaining. Major updates include a new roof (2026) and a new furnace and A/C system (2026), providing added value and comfort. Conveniently located near schools, parks, playgrounds, public transit, shopping centres, restaurants, and everyday amenities, this home offers the convenience today's buyers are looking for. Situated in the established Fairmont area, residents enjoy easy access to nearby schools, community parks, recreation facilities, and major routes throughout the city. Whether you're a first-time buyer, growing family, downsizer, or investor, this beautifully updated property is ready for its next owner to enjoy.

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Property details

Basement
Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
Property tax
$3,336/yr (2025)

AI property estimate

$400,000~38.0% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$348,000$452,000

74% confidence · 37 sold homes within 2 km, by price per sq ft

Location & neighbourhood

London East

London East, ON

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,072
Property tax$699
Insurance (est.)$134
Utilities (est.)$250
Total monthly$4,155
Land transfer taxOne-time, on closing

Ontario LTT

$9,375

First-time rebate

$4,000

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

Price & listing history

Listed 3 times · asking price down 5% from the first ask

$645,000 1%

Listed Aug 10, 2026

On the market
$649,900 4%

Listed Jul 13, 2026

On the market
$675,950

Listed Jun 23, 2026 · 20 days on market

Taken off the market

Jul 13, 2026

20 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

95 Gerald Crescent, London SouthSold

$565,000

95 Gerald Crescent, London South

3 bd·3 ba·1,500-2,000 sqft
110 St Julien Street, London EastSold

$265,000

110 St Julien Street, London East

2 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$375,667

Sale-to-list ratio

96%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$155,802

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

$400,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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