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For sale
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$324,900

Estimated value $309K to $341K

Est. $1,522/mo mortgage

3bd·2ba·1,200-1,399sqft

511 Admiral Drive #10 · London, N5V 4R4

MLS® X14118412

2 days on market2 days on market

Listed Oct 25, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed 14 hours ago

Key facts

Property type
Condo townhouse
Square footage
1,200-1,399 sqft
Storeys
2
Parking
1 space
Property tax
$2,246/yr (2025)

Description

Excellent opportunity to make this house your new home-perfect for first-time buyers! Close to local schools and amenities, with easy access to Highway 401. This property features 3 bedrooms, 2 full bathrooms, and a bright, open dining area off the kitchen that flows naturally into the spacious living area. Don't miss out on this great opportunity-book your private showing today!

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Property details

Interior

Size
1,200-1,399 sqft
Rooms
5 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Second
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Condo townhouse, 2-Storey
Exterior
Brick, Vinyl Siding
Storeys
2
Exposure
North

Parking

Parking
1 space
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 Condo Management

Rooms

Main

Living Room
5.84 × 4.03 m
Kitchen
5.33 × 3.58 m

Second

Bedroom
2.61 × 2.74 m
Bedroom
3.65 × 2.99 m
Primary Bedroom
5.23 × 2.99 m

Lower

Family Room
4.41 × 5.66 m

Estimated value range

$309K to $341K

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. $2,353/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,522
Property tax$187
Insurance (est.)$68
Utilities (est.)$250
Condo fee$326
Total monthly$2,353
Land transfer tax$3,349 on closing

Ontario LTT

$3,349

First-time rebate

−$3,349

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

Price & listing history

$324,900

Listed Oct 25, 2026

On the market

Sold comparables nearby

186 - 230 Clarke Road, London EastSold

186 - 230 Clarke Road, London East

3 bd·2 ba·1,000-1,199 sqft
37 - 1919 Trafalgar Street, London EastSold

37 - 1919 Trafalgar Street, London East

2 bd·2 ba·800-899 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

6.9 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$304,150

Sale-to-list ratio

95.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $81,000 household income

Minimum household income required

$81,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,449/mo median for 3 bed nearby

$2,449/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 23 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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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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