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220 ADMIRAL Drive

London East, N5V 1H8·MLS® X13661964

Listing courtesy of Royal Lepage Triland Realty·Updated 2 hours ago

Listing price

$399,000

Est. $1,900/mo

Days on market

1

Listed Aug 11, 2026

For sale
1 / 46
3bd·2ba·700-1,100sqft

Description

ULTRA AFFORDABLE semi-detached living in one of London's most convenient neighbourhoods for those in and out of the city on a frequent basis - welcome to 220 Admiral Drive, the value-packed opportunity buyers have been waiting for! This 3-bed, 2-bath semi offers a solid footprint, a great layout, and a prime location close to schools, parks, shopping, Fanshawe College, and every convenience, all at a price that's nearly impossible to find in this area neighborhood today. Inside, the home is livable and loaded with potential, making it ideal for first-time buyers, renovators, or anyone wanting to build instant equity. Yes, it needs a bit of attention and a good declutter - but that's exactly why this one is such a smart buy! The bones are here, the space is here, and the upside is huge. Enjoy a bright main floor with a large living area, functional kitchen, and dining space, plus three comfortable bedrooms upstairs. The lower level provides even more room to grow with a finished rec area and storage plus full laundry service with sink. Outside, you get a deep lot, private driveway, and a backyard ready for your landscaping vision. Whether you're looking to polish it up for yourself or transform it into a standout rental, this property delivers unbeatable potential in a neighbourhood where semis command much higher prices. If you've been waiting for an affordable entry point into London's competitive market, this is it!

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Property details

Basement
Partially Finished, Full
Parking
3 spaces
Type
Semi-Detached — 2-Storey
Heating
Forced Air
Property tax
$2,163/yr (2025)

AI property estimate

$460,000~15.3% above asking

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

$400,200$519,800

75% confidence · 34 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)$1,900
Property tax$432
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,666
Land transfer taxOne-time, on closing

Ontario LTT

$4,460

First-time rebate

$4,000

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

Price & listing history

$399,000

Listed Aug 11, 2026

On the market

Sold comparables nearby

195 Martinet Avenue, London EastSold

$490,000

195 Martinet Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
16 Bowcott Crescent, London EastSold

$484,000

16 Bowcott Crescent, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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

Avg. sold price

$489,475

Sale-to-list ratio

97.8%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$99,959

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

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AI estimate

$460,000

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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