550 SECOND Street #52 · London, N5V 3S3
MLS® X14022018
Listed Oct 13, 2026
Listing courtesy of Shrine Realty Brokerage LTD.·Listing last changed 7 hours ago
Key facts
- Property type
- Condo Townhouse
- Square footage
- 1200-1399 sqft
- Storeys
- 1
- Parking
- 1 space
- Property tax
- $1,710/yr (2025)
Description
Welcome to 550 Second St, Unit 52! This spacious townhouse features a functional layout with 3+1 bedrooms (basement room) and 2.5 bathrooms, ideal for families or investors. The main floor offers a bright kitchen with a large window, a dedicated dining area, and a comfortable living room. Peace of mind comes standard with a new roof, along with the comfort of central gas heating and central air conditioning. Upstairs, you will find three generous bedrooms, while the finished basement provides a versatile recreation room. Complete with a fully fenced backyard and situated just steps from Fanshawe College, this move-in-ready property is an excellent high-potential investment or personal residence. ( **Pictures are Virtually Edited )
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Property details
Interior
- Size
- 1200-1399 sqft
- Rooms
- 8 rooms
- Bathrooms
- 1 × 2-piece on Main, 1 × 3-piece on Second, 1 × 3-piece on Basement
- Basement
- Finished, Full
- Heating
- Forced Air
- Cooling
- Central Air
- Laundry
- N
Building & lot
- Type
- Condo Townhouse, 2-Storey
- Exterior
- Other, Brick
- Foundation
- Other
- Roof
- Other
- Storeys
- 1
- Exposure
- East
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $370/mo
- Fee includes
- parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,710/yr (2025)
- Corporation
- MCC 330
- Managed by
- Lionheart Property Management Inc
Building amenities
Visitor Parking
Rooms
Main
- Kitchen
- 3.5 × 3.22 m
- Dining Room
- 3.2 × 2.2 m
- Living Room
- 6.01 × 5.25 m
- Bathroom, 2 Pc Bath
- n/a
Second
- Primary Bedroom
- 4.64 × 3.35 m
- Bedroom
- 2.74 × 2.87 m
- Bathroom, 3 Pc Bath
- n/a
- Bedroom
- 4.01 × 3.25 m
Basement
- Bathroom, 3 Pc Bath
- n/a
- Bedroom
- 4.62 × 3.4 m
Estimated value range
$309K–$314K
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
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Schools nearbyclosest is Forest City Public School Public School, 110 m
Elementary
- 4.8
Forest City Public School Public School
110 m · Grades JK-8
Thames Valley District School Board
Robarts Provincial School for the Deaf
1.4 km · Grades JK-8
Provincial
Robarts/Amethyst Demonstration Elementary School
1.4 km · Grades 4-8
Provincial
Secondary
- 3.3
John Paul II Catholic Secondary School
1.3 km · Grades 9-12
London District Catholic School Board
Robarts Provincial School for the Deaf
1.4 km · Grades 9-12
Provincial
Robarts/Amethyst Demonstration Secondary School
1.4 km · Grades 9-12
Provincial
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. $2,225/mo all in
Monthly payment estimate
Land transfer tax$2,960 on closing
Ontario LTT
$2,960
First-time rebate
−$2,960
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 13, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold63 - 595 THIRD Street, London East
Sold116 - 1775 Culver Drive, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsArgyle · last 90 days
Avg. sold price
$301,833
Sale-to-list ratio
93.7%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $76,000 household income
Minimum household income required
$76,000
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 49 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
No obligation. Pick a time that suits you.
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