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515 Third Street

London East, N5V 2C1·MLS® X13676174

Listing courtesy of Right At Home Realty·Updated 3 hours ago

Listing price

$539,900

Est. $2,571/mo

Days on market

1

Listed Aug 14, 2026

For sale
1 / 17
3bd·2ba·1,100-1,500sqft·100+ yearsold

Description

Excellent Investment Opportunity In London East. Three Bedroom, TWO Full Bathrooms Bungalow With ExcellentProximity To Fanshawe College. Features Oversized Quality Built Garage (30Ftx40Ftx9Ft Clear) 1200 square feet , with washroom, heated & seperate metre . With Independent Electrical Power And Heat. Ideal For A Small Business Or Workshop! Large Lot And BackyardFor Expansion Opportunities. Commercial Shopping, Bus Routes, Schools And Many Amenities Nearby

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Property details

Garage
4 car Detached
Basement
Unfinished, Development Potential
Parking
10 spaces
Type
Detached — Bungalow
Heating
Forced Air
Property tax
$3,219/yr (2025)

AI property estimate

$549,768About at asking price

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

$478,298$621,238

70% confidence · 27 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)$2,571
Property tax$585
Insurance (est.)$112
Utilities (est.)$250
Total monthly$3,518
Land transfer taxOne-time, on closing

Ontario LTT

$7,273

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 2 times

$539,900

Listed Aug 14, 2026

On the market
$539,900

Listed Aug 14, 2026

On the market

Sold comparables nearby

2003 Royal Crescent, London EastSold

$514,000

2003 Royal Crescent, London East

3 bd·2 ba·700-1,100 sqft
282 Fleming Drive, London EastSold

$445,000

282 Fleming Drive, London East

4 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

$500,333

Sale-to-list ratio

96.7%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$131,936

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

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AI estimate

$549,768

At Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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