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For sale
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$219,900

Est. $1,030/mo mortgage

2bd·2ba·900-999sqft

101 Wellesley Crescent #C · London East, N5V 1J6

MLS® X13675794

49 days on market49 days on market

Listed Aug 12, 2026

Listing courtesy of Royal Lepage Triland Premier Brokerage·Updated 5 days ago

Description

Opportunity awaits with this affordable two-storey townhouse, offering a fantastic chance to build equity and make it your own. Whether you're a first- time buyer looking to enter the market, an investor seeking your next project, or a handy homeowner ready to add your personal touch, this property is full of potential. The functional layout features a bright living room with large front window, two bedrooms, two full bathrooms and a finished basement that provides additional living space for a family room, home office or recreation area. Outside, the fully fenced rear patio offers a private outdoor retreat ready to be transformed into the perfect space for relaxing or entertaining. Ideally located within walking distance of schools, shopping, grocery stores, restaurants, cafes, and public transit, with convenient access to Highway 401 in less than 15 minutes. With solid bones, a desirable location, and endless possibilities, this is an excellent opportunity for buyers looking to renovate, customize, and add value. Property is being sold "AS IS".

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Property details

Interior

Size
900-999 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Basement
Basement
Finished
Heating
Baseboard
Cooling
None
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Exterior
Brick, Vinyl Siding
Storeys
1
Exposure
North

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$330/mo
Fee includes
water
Pets
Yes-with Restrictions
Property tax
$1,743/yr (2025)
Corporation
LCC 49
Managed by
G3 PROPERTY SOLUTIONS

AI property estimate

$288,699Estimate is ~31.3% above asking

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

$259,829$317,569

81% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East →

London East, ON

Monthly paymentest. $1,789/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,030
Property tax$132
Insurance (est.)$46
Utilities (est.)$250
Condo fee$330
Total monthly$1,789
Land transfer tax$1,924 on closing

Ontario LTT

$1,924

First-time rebate

−$1,924

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

Price & listing history

$219,900

Listed Aug 12, 2026

On the market

Sold comparables nearby

74 - 1990 WAVELL Street, London EastSold

74 - 1990 WAVELL Street, London East

3 bd·2 ba·1,600-1,799 sqft
10 - 1919 Trafalgar Street, London EastSold

10 - 1919 Trafalgar Street, London East

2 bd·2 ba·700-799 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$319,150

Sale-to-list ratio

96%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $58,000 household income

Minimum household income required

$58,000

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$1,700/mo median for 2 bed nearby

$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 23 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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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