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$479,900

Est. $2,248/mo mortgage

2bd·2ba·700-1,100sqft

218 Vancouver Street · London East, N5W 4R8

MLS® X13780286

2 days on market

Listed Sep 14, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated 23 hours ago

Description

You will love this affordable and well-maintained 2+1 bedroom bungalow located in the popular Argyle neighbourhood. Situated on a generous lot, this home offers plenty of space for first-time buyers, downsizers, or investors alike. The main floor features a bright and functional layout, while the fully finished lower level, completed in 2023, adds valuable living space with super intriguing and durable epoxy flooring, a 2-piece bathroom, and an additional bedroom or office. Major updates include newer windows, a roof replaced in 2020, and spray foam insulation on the lower foundation walls and rim joists for improved energy efficiency and comfort. Enjoy the added living space provided by the rear sunroom and deck, perfect for relaxing or entertaining. Large rear yard, enjoy summer nights around the fire pit. With room to add your own personal touches and continue building equity, this home offers exceptional value in a family-friendly neighbourhood close to schools, parks, shopping, and amenities. Don't miss this opportunity!

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Property details

Interior

Interior
700-1100 sqft
Rooms
9 rooms
Bathrooms
1 × 4-piece on Main, 1 × 2-piece on Lower
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
50.14 × 120.38 ft
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private Double (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$2,380/yr (2025)

Rooms

Main

Bedroom
2.99 × 2.44 m
Kitchen
4.36 × 3.44 m
Living Room
5.91 × 3.66 m
Primary Bedroom
3.66 × 2.99 m

Lower

Family Room
5.37 × 3.12 m
Recreation
5.37 × 3.12 m
Bedroom
3.08 × 2.72 m

AI property estimate

$410,000Estimate is ~14.6% below asking

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

$369,000$451,000

76% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

London East

London East, ON

Monthly paymentest. $2,887/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,248
Property tax$289
Insurance (est.)$100
Utilities (est.)$250
Total monthly$2,887
Land transfer tax$6,073 on closing

Ontario LTT

$6,073

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 · asking price down 4% from the first ask

$479,900 4%

Listed Sep 14, 2026

On the market
$499,900

Listed Jun 22, 2026 · 84 days on market

Taken off the market

Sep 14, 2026

84 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

1721 Moffatt Avenue, London EastSold

$399,900

1721 Moffatt Avenue, London East

3 bd·1 ba·700-1,100 sqft
12 Shepherd Avenue, London EastSold

$614,000

12 Shepherd Avenue, London East

3 bd·3 ba·1,100-1,500 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

$436,317

Sale-to-list ratio

98.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $119,000 household income

Minimum household income required

$119,000

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

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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