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$635,000

Estimated value $603K to $667K

Est. $2,975/mo mortgage

3+1bd·2ba·700-1,100sqft

54 Manitoulin Drive · London, N5W 1M4

MLS® X13761722

47 days on market47 days on market

Listed Sep 9, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed Oct 1

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
60 × 110.28 ft · < 0.50 acres
Parking
4 spaces
Property tax
$3,336/yr (2025)

Description

Welcome to 54 Manitoulin Drive - a fully renovated, turnkey home situated on a large lot in a desirable neighbourhood. This move-in-ready property offers a bright and modern interior with new engineered hardwood flooring throughout the main floor, fresh paint, and stylish finishes throughout. The updated kitchen is equipped with brand new appliances, including a new fridge, stove, and dishwasher, making it ideal for everyday living and entertaining. Major updates include a new roof (2026) and a new furnace and A/C system (2026), providing added value and comfort. Conveniently located near schools, parks, playgrounds, public transit, shopping centres, restaurants, and everyday amenities, this home offers the convenience today's buyers are looking for. Situated in the established Fairmont area, residents enjoy easy access to nearby schools, community parks, recreation facilities, and major routes throughout the city. Whether you're a first-time buyer, growing family, downsizer, or investor, this beautifully updated property is ready for its next owner to enjoy.

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Property details

Interior

Size
700-1,100 sqft
Bedrooms
3 above grade, 1 lower level
Rooms
6 rooms
Bathrooms
2 × 3-piece
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
60 × 110.28 ft · < 0.50 acres
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Driveway
Private, Other (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,336/yr (2025)

Rooms

Main

Bathroom
4.19 × 2.59 m
Kitchen
2.99 × 2.59 m
Family Room
4.34 × 3.68 m
Primary Bedroom
6.35 × 2.99 m
Bedroom
3.3 × 2.38 m

Basement

Den
6.83 × 3.37 m
Other
3.53 × 2.74 m
Laundry
2.44 × 1.73 m
Other
3.45 × 2.74 m
Bedroom
3.55 × 3.35 m
Sitting
3.61 × 2.82 m

Other

Bedroom
2.9 × 2.59 m

Estimated value range

$603K to $667K

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

Directions

Fairmont

London East, ON

Schools nearbyclosest is St Bernadette Separate School, 320 m

Elementary

  • St Bernadette Separate School

    320 m · Grades JK-8

    London District Catholic School Board

    3.0
  • Tweedsmuir Public School

    620 m · Grades JK-8

    Thames Valley District School Board

    5.3
  • Ealing Public School

    1.1 km · Grades JK-8

    Thames Valley District School Board

    5.5

Secondary

  • Thames Valley Alternative Secondary School

    2.5 km · Grades 9-12

  • Clarke Road Secondary School

    2.5 km · Grades 9-12

    Thames Valley District School Board

    3.8
  • B Davison Secondary School

    2.7 km · Grades 9-12

    Thames Valley District School Board

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,635/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,975
Property tax$278
Insurance (est.)$132
Utilities (est.)$250
Total monthly$3,635
Land transfer tax$9,175 on closing

Ontario LTT

$9,175

First-time rebate

−$4,000

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

Price & listing history

$635,000

Listed Sep 9, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

151 Hale Street, London EastSold

151 Hale Street, London East

2 bd·2 ba·700-1,100 sqft
307 Tweedsmuir Avenue, London EastSold

307 Tweedsmuir Avenue, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$452,417

Sale-to-list ratio

95.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $150,000 household income

Minimum household income required

$150,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax 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 47 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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CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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