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$339,900

Estimated value $323K–$323K

Est. $1,592/mo mortgage

3bd·2ba·700-799sqft

626 First Street #305 · London East, N5V 2A2

MLS® X13850940

2 days on market2 days on market

Listed Oct 1, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated 7 hours ago

Description

Corner unit, great investment opportunity directly across the road from Fanshawe College main entrance on Oxford Street - this is as close as you can get to campus - no need for a car here! Beautiful renovated and very clean 3-bedroom, 2 full bathrooms condo is perfect for student living, a young family home, a starter home or a downsized/retiree. The unit has been well maintained and thoughtfully updated, featuring updated kitchen and bathroom cabinetry installed in September 2026, Freshly painted throughout. The layout is very functional giving it a spacious bedrooms with a nice bright combine living and dining areas. Appliances included. Condo fee includes water, one parking spot, building maintenance and building insurance. Solid brick building with an elevator. Not only its steps from Fanshawe College, it's also walking distance to shopping, transit, and amenities, this is prime location with strong rental demand.

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Property details

Interior

Size
700-799 sqft
Rooms
7 rooms
Bathrooms
2 × 4-piece on Main
Basement
None
Heating
Baseboard
Cooling
None
Laundry
N

Building & lot

Type
Condo Apartment, Apartment
Age
31-50 years
Exterior
Brick
Storeys
3
Exposure
West

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$625/mo
Fee includes
water, parking
Pets
Yes-with Restrictions
Property tax
$1,961/yr (2025)
Corporation
MCC 239
Managed by
Sean Eglinston

Rooms

Main

Primary Bedroom
3.17 × 4.36 m
Bathroom, 4 Pc Bath
2.43 × 1.25 m
Living Room, Combined w/Dining
3.56 × 4.26 m
Kitchen
3.17 × 2.49 m
Bathroom, 4 Pc Bath
2.43 × 2.16 m
Bedroom 3
2.16 × 4.26 m
Bedroom 2
3.14 × 3.35 m

Estimated value range

$323K–$323K

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
Downtown London →

London East, ON

Urban core with condos, restaurants, and transit access.

Monthly paymentest. $2,743/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,592
Property tax$205
Insurance (est.)$71
Utilities (est.)$250
Condo fee$625
Total monthly$2,743
Land transfer tax$3,574 on closing

Ontario LTT

$3,574

First-time rebate

−$3,574

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

Price & listing history

$339,900

Listed Oct 1, 2026

On the market

Sold comparables nearby

2201 - 389 Dundas Street, London EastSold

2201 - 389 Dundas Street, London East

2 bd·2 ba·1,400-1,599 sqft
1102 - 19 KING Street, London EastSold

1102 - 19 KING Street, London East

2 bd·2 ba·1,600-1,799 sqft

See what these 6 homes sold for

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

Market conditionsBuyer's market in Argyle

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$323,150

Sale-to-list ratio

95.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $86,000 household income

Minimum household income required

$86,000

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.

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Rental market$2,250/mo median for 3 bed nearby

$2,250/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 60 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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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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