$489,900
Est. $2,295/mo mortgage
221 Manitoulin Drive · London East, N5W 1M8
MLS® X13801264
Listed Sep 18, 2026
Listing courtesy of Sutton Group - Select Realty·Updated 5 hours ago
Description
Outstanding first time home buyer opportunity describes this well maintained 3 +1 bedroom 2 full bath brick ranch in fabulous Fairmont subdivision. The main level boasts a lovely living/dining area with lots of natural light, kitchen with great cabinet space, three generous bedrooms and an updated bath. The professionally finished lower level offers a large family room with loads of pot lights, a fourth bedroom/office and a spa style full bathroom. Laundry and storage complete that level. The rear yard, which backs on to a playground area, provides ample green space and patio, ideal for family fun or entertaining. A private drive and a single detached garage are also included.
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Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 4-piece on Basement
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 50 × 110 ft
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Detached
- Driveway
- Private (3 spaces)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $3,001/yr (2025)
Rooms
Main
- Dining Room
- 2.48 × 2.1 m
- Living Room
- 3.27 × 4.2 m
- Primary Bedroom
- 3.18 × 3.16 m
- Bedroom
- 2.99 × 3.13 m
- Kitchen
- 3.32 × 3.04 m
- Bedroom
- 2.7 × 3.04 m
Basement
- Recreation
- 7.02 × 3.64 m
- Bedroom
- 3.06 × 3.42 m
- Utility Room
- 3.09 × 3.67 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
76% confidence · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,942/mo all in
Monthly payment estimate
Land transfer tax$6,273 on closing
Ontario LTT
$6,273
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 Sep 18, 2026
Sold comparables nearby
Sold$200,000
179 Delaware Street, London East
Sold$399,900
1721 Moffatt Avenue, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.3% of asking.
Avg. sold price
$390,233
Sale-to-list ratio
94.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $121,000 household income
Minimum household income required
$121,000
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.
