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511 Admiral Drive #61

London East, N5V 4R4·MLS® X13694570

Listing courtesy of Re/max Centre City Realty INC.·Updated 3 hours ago

Listing price

$399,900

Est. $1,905/mo

Days on market

1

Listed Aug 20, 2026

For sale
1 / 29
3bd·2ba·1,200-1,399sqft

Description

OPEN HOUSE SAT (AUG 22) & SUN (AUG 23) 2-4 PM Welcome to Unit 61 at 511 Admiral Drive! Tucked away toward the back of this mature, well-kept complex, this 3-bedroom, 1.5-bath condo townhouse offers comfortable living space across three finished levels. The main floor features a bright living room, a dedicated dining area, and a functional kitchen complete with quartz countertops and a reverse-osmosis drinking water tap. Upstairs, you'll find three bedrooms and a full 4-piece bathroom, while the finished lower level adds a spacious rec room, laundry area and plenty of additional storage. Step outside to your private rear deck, a great spot to relax or enjoy the warmer months. Ample visitor parking is conveniently located nearby, making it easy to welcome family and friends. Additional features include central air and an alarm system. This pet-free and smoke-free home has been well cared for and offers an excellent opportunity for first-time buyers, downsizers or anyone looking for the convenience of condo living. Located just off Veterans Memorial Parkway with convenient access to shopping, transit and Highway 401. Come see what Unit 61 has to offer!

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Property details

Type
Condo Townhouse — 2-Storey
Interior
1200-1399 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Second, 1 × 2-piece on Main
Basement
Partially Finished, Full
Heating
Forced Air
Cooling
Central Air
Exterior
Brick
Parking
1 spaces
Condo fee
$326/mo
Fee includes
Y
Property tax
$2,246/yr (2025)

AI property estimate

$359,696~10.1% below asking

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

$312,936$406,456

53% confidence · 5 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)$1,905
Property tax$433
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,671
Land transfer taxOne-time, on closing

Ontario LTT

$4,474

First-time rebate

$4,000

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

Price & listing history

$399,900

Listed Aug 20, 2026

On the market

Sold comparables nearby

10 - 1919 Trafalgar Street, London EastSold

$280,000

10 - 1919 Trafalgar Street, London East

2 bd·2 ba·700-799 sqft
12 - 210 Carlyle Drive, London EastSold

$319,900

12 - 210 Carlyle Drive, London East

3 bd·2 ba·1,000-1,199 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

$307,567

Sale-to-list ratio

95.9%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$100,157

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

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AI estimate

$359,696

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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