$455,000
Est. $2,132/mo mortgage
348 Winnipeg Boulevard · London East, N5W 4V2
MLS® X13682712
Listed Aug 17, 2026
Listing courtesy of The Realty Firm INC.·Updated Aug 17
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.
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Interior
- Size
- 700-1100 sqft
- Bedrooms
- 3 above grade, 3 lower level
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece on Lower, 1 × 4-piece on Main
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 62.66 × 120.3 ft
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private Double (6 spaces)
- Parking
- 6 spaces
Fees & taxes
- Property tax
- $2,950/yr (2025)
Rooms
Main
- Bedroom 3
- 2.9 × 3.4 m
- Bedroom 2
- 3.4 × 2.79 m
- Kitchen
- 5.74 × 2.18 m
- Primary Bedroom
- 3.4 × 3.4 m
- Living Room
- 4.52 × 3.51 m
Lower
- Bedroom 4
- 4.65 × 4.75 m
- Bedroom
- 2.84 × 2.82 m
- Bedroom 5
- 3.33 × 3.33 m
Estimated value range
$432K–$478K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $2,751/mo all in
Monthly payment estimate
Land transfer tax$5,575 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 Aug 17, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold51 Garland Crescent, London East
Sold172 Fairhaven Circle, London East
See what these 6 homes sold for
Create a free account to unlock premium data.
Market conditionsBalanced market in Argyle
Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98.5% of asking.
Avg. sold price
$475,667
Sale-to-list ratio
98.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $113,000 household income
Minimum household income required
$113,000
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$2,300/mo median for 3 bed nearby
$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 52 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
Message Colin about this home
By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.