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For sale
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$389,900

Estimated value $370K–$376K

Est. $1,827/mo mortgage

3bd·2ba·1,200-1,399sqft

511 Admiral Drive #59 · London, N5V 4R4

MLS® X14027500

2 days on market2 days on market

Listed Oct 13, 2026

Listing courtesy of Keller Williams Lifestyles·Listing last changed 9 hours ago

Key facts

Property type
Condo Townhouse
Square footage
1200-1399 sqft
Storeys
1
Age
31-50 years
Parking
1 space
Property tax
$2,246/yr (2025)

Description

Located in a well managed complex convenient to day to day amenities. This 3 bedroom, 1.5 bath condo offers a spacious living room with garden doors to a generous sized deck, dining room, and eat in kitchen. Upstairs includes 3 comfortably sized bedrooms and 4 piece bath with newer Bath Fitter tub surround. Finished lower level family room offers additional living space. Reasonable condo fees making this an affordable living option.

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Property details

Interior

Size
1200-1399 sqft
Rooms
4 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Upper
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Age
31-50 years
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Shingles
Storeys
1
Exposure
North

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$326/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$2,246/yr (2025)
Corporation
MCC 252
Managed by
Dickenson Property Management

Rooms

Main

Foyer
2.21 × 2.19 m
Living Room
5.79 × 3.35 m
Kitchen
3.32 × 2.94 m
Bathroom, 2 Pc Bath
n/a
Dining Room
2.31 × 2.19 m

Upper

Bathroom, 4 Pc Bath
n/a
Primary Bedroom
5.18 × 2.97 m
Bedroom
3.5 × 2.79 m
Bedroom
2.89 × 2.59 m

Lower

Family Room
4.67 × 4.39 m

Estimated value range

$370K–$376K

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
Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Schools nearbyclosest is Bonaventure Meadows Public School, 430 m

Elementary

  • Bonaventure Meadows Public School

    430 m · Grades JK-8

    Thames Valley District School Board

    4.5
  • Holy Family Elementary School

    1.3 km · Grades JK-8

    London District Catholic School Board

    5.3
  • Lord Nelson Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    5.2

Secondary

  • Clarke Road Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

    3.8

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. $2,671/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,827
Property tax$187
Insurance (est.)$81
Utilities (est.)$250
Condo fee$326
Total monthly$2,671
Land transfer tax$4,324 on closing

Ontario LTT

$4,324

First-time rebate

−$4,000

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

Price & listing history

$389,900

Listed Oct 13, 2026

On the market

Sold comparables nearby

2 - 131 Bonaventure Drive, London EastSold

2 - 131 Bonaventure Drive, London East

3 bd·2 ba·1,200-1,399 sqft
74 - 1990 WAVELL Street, London EastSold

74 - 1990 WAVELL Street, London East

3 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 London

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$308,317

Sale-to-list ratio

96.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $98,000 household income

Minimum household income required

$98,000

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$2,399/mo median for 3 bed nearby

$2,399/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 22 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

No obligation. Pick a time that suits you.

226-212-5099 · colin@searchlondonhomes.com

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