470 Second Street #15 · London, N5V 3X3
MLS® X14156874
Listing courtesy of Royal Lepage Ignite Realty·Listing last changed 7 hours ago
Key facts
- Property type
- Condo townhouse
- Square footage
- 1,000-1,199 sqft
- Parking
- 2 spaces
- Property tax
- $1,676/yr (2025)
Description
Welcome to this beautifully refreshed and inviting 3+1 bedroom townhouse in a desirable East London location! Thoughtfully updated with upgraded flooring throughout, fresh paint, and modern light fixtures, this home offers a bright, welcoming atmosphere and a functional layout ideal for families, first-time buyers, or investors. The main floor features a well-appointed kitchen, separate dining area, and spacious living room with a walkout to a fully fenced private backyard - perfect for relaxing, entertaining, or enjoying outdoor family time. The upper level offers three generously sized bedrooms and a 3-piece bathroom. The partially finished basement provides valuable additional living space with a fourth bedroom, along with a spacious laundry and storage area. Enjoy the convenience of carpet-free living throughout and two assigned parking spaces. Ideally situated within walking distance to Forest City Public School and close to Fanshawe College, grocery stores, restaurants, shopping, parks, public transit, and everyday amenities. Easy access to major roads makes commuting convenient. A fantastic opportunity to own a move-in-ready home in a convenient location with excellent lifestyle and investment potential!
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Property details
Interior
- Size
- 1,000-1,199 sqft
- Bedrooms
- 3 above grade, 1 lower level
- Rooms
- 7 rooms
- Bathrooms
- 1 × 3-piece on Second, 1 × 2-piece on Main
- Basement
- Partially Finished
- Heating
- Forced Air
- Cooling
- None
- Ensuite laundry
- Yes
Building & lot
- Type
- Condo townhouse, 2-Storey
- Exterior
- Aluminum Siding, Brick
- Exposure
- North South
Parking
- Parking
- 2 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $395/mo
- Pets
- Yes, with restrictions
- Property tax
- $1,676/yr (2025)
- Corporation
- LONDON 220
- Managed by
- LIONHEART
Rooms
Main
- Dining Room, Vinyl Floor
- 3.04 × 2.61 m
- Living Room, vinyl floor, w/o to yard
- 5.61 × 3.35 m
- Kitchen, Vinyl Floor
- 2.28 × 1.82 m
Second
- Primary Bedroom, Vinyl Floor
- 4.57 × 3.35 m
- Bedroom 2, Vinyl Floor
- 3.5 × 2.74 m
- Bedroom 3, Vinyl Floor
- 2.87 × 2.56 m
Basement
- Bedroom 4, Vinyl Floor
- 3.4 × 2.08 m
Estimated value range
$311K to $343K
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, 400 m
Elementary
- 4.8
Forest City Public School
400 m · Grades JK-8
Thames Valley District School Board
- 7.4
Académie de la Tamise
1.4 km · Grades JK-6
Conseil scolaire Viamonde
- 4.0
Prince Charles Public School
1.5 km · Grades JK-8
Thames Valley District School Board
Secondary
- 3.3
John Paul II Catholic Secondary School
1.4 km · Grades 9-12
London District Catholic School Board
Robarts Provincial School for the Deaf
1.5 km · Grades 9-12
Provincial
Robarts/Amethyst Demonstration Secondary School
1.5 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. $2,385/mo all in
Monthly payment estimate
Land transfer tax$3,380 on closing
Ontario LTT
$3,380
First-time rebate
−$3,380
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed yesterday
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold114 - 1775 Culver Drive, London East
Sold16 - 595 Third Street, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBalanced market in London
5.8 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 94.1% of asking.
Avg. sold price
$291,000
Sale-to-list ratio
94.1%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $80,000 household income
Minimum household income required
$80,000
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? Call Colin at (226) 212-5099 or text
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 51 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.
Get notified about similar homes
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Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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