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For sale
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$229,000

Estimated value $237K–$240K

Est. $1,073/mo mortgage

2bd·2ba·1,000-1,199sqft

40 Arbour Glen Crescent · London East, N5Y 1Z9

MLS® X13852648

1 day on marketListed yesterday

Listed Oct 2, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated 32 min ago

Description

Welcome to 40 Arbour Glen, an incredible opportunity for first-time home buyers, investors, or anyone looking for an affordable entry into the London real estate market. With 2 bedrooms, 2 bathrooms, and a functional layout, this home offers the perfect canvas to build equity and make it your own. Ideally situated close to shopping centres, restaurants, schools, parks, public transit, and Western University, it's an excellent option for students, young professionals, families, or investors seeking strong long-term value

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Property details

Interior

Size
1000-1199 sqft
Rooms
9 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Basement
Basement
Full
Heating
Baseboard
Cooling
Wall Unit(s)
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Exterior
Brick, Vinyl Siding
Storeys
1
Exposure
South

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$408/mo
Fee includes
water, parking
Pets
Yes-with Restrictions
Property tax
$1,760/yr (2025)
Corporation
MCC 80 80
Managed by
Village Property Management

Estimated value range

$237K–$240K

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
Huron Heights →

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly paymentest. $1,917/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,073
Property tax$138
Insurance (est.)$48
Utilities (est.)$250
Condo fee$408
Total monthly$1,917
Land transfer tax$2,015 on closing

Ontario LTT

$2,015

First-time rebate

−$2,015

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

Price & listing history

Listed 2 times

$229,000

Listed Oct 2, 2026

On the market
$229,000

Listed Jun 24, 2026

On the market

Sold comparables nearby

5 - 1138 Kipps Lane, London EastSold

5 - 1138 Kipps Lane, London East

3 bd·3 ba·1,200-1,399 sqft
38 - 14 Doon Drive, London NorthSold

38 - 14 Doon Drive, London North

3 bd·2 ba·1,400-1,599 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Huron Heights

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$384,750

Sale-to-list ratio

95.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $60,000 household income

Minimum household income required

$60,000

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$1,800/mo median for 2 bed nearby

$1,800/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 26 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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