348 Winnipeg Boulevard
London East, N5W 4V2·MLS® X13682712
Listing courtesy of The Realty Firm INC.·Updated 3 hours ago
Listing price
$455,000
Est. $2,167/mo
Days on market
Listed Aug 17, 2026
Description
An exceptional investment or multi-generational family home in London's highly sought-after Argyle neighborhood! This all-brick bungalow offers incredible income potential or space for extended family, featuring 3 bright and spacious main-floor bedrooms with a modern 4-piece bath, alongside a fully finished basement boasting 3 additional versatile rooms and a second full bathroom. The main level welcomes you with a sun-filled, west-facing living room and an inviting eat-in kitchen, all situated on a premium, fully fenced, mature lot. Perfect for multi-tenant use or hosting guests, the oversized driveway easily accommodates up to 6 cars. Positioned in a prime rental location just 2.6 km (a quick 5-minute drive) from Fanshawe College, with a convenient transit stop right at your doorstep, this cash-flowing property is currently generating $3,300/month. Whether you are looking to house hack or add a turn-key asset to your portfolio, this versatile home represents an unmatched opportunity in today's market. Some of the pictures are virtually staged.
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Property details
- Basement
- Finished
- Parking
- 6 spaces
- Type
- Detached — Bungalow
- Heating
- Forced Air
- Property tax
- $2,950/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.
78% confidence · 29 sold homes within 2 km, by price per sq ft
Monthly paymentMortgage, tax and fees
Monthly payment estimate
Land transfer taxOne-time, on closing
Ontario LTT
$5,575
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 4 times · asking price down 5% from the first ask
Listed Aug 17, 2026
Listed Jun 25, 2026
Listed Jun 1, 2026 · 24 days on market
Jun 25, 2026
Listed Jul 30, 2025 · 123 days on market
Nov 30, 2025
147 days on the market in total across 4 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$410,000
1329 Brydges Street, London East
Sold$514,000
2003 Royal Crescent, London East
See what these 6 homes sold for
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Market conditionsLondon East · last 90 days
Avg. sold price
$466,167
Sale-to-list ratio
98.8%
Based on 6 recent comparable sales near this home.
AffordabilityWhat income this home needs
Minimum household income required
$112,686
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$424,000
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colin@searchlondonhomes.com
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