Home with brick exterior material, street for 237 Rainbow Ave, London East Ontario N5W 4V9
1 day on Market

237 Rainbow Ave, London East, Ontario N5W 4V9

Detached
3 + 1
1
~700-1100 sqft
$525,000
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$2,625Cashback
Detached
3 + 1
1
~700-1100 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$614/sqft

Monthly cost

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CMA Subject Property

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+18

Properties sold*

$534K

Median sold price*

*Based on last 30 days

Description

Welcome to 237 Rainbow Ave, a well-kept 3-bedroom, 1-bath home with a partially finished basement, located in a desirable, mature neighbourhood. This is an Estate Sale being sold as is, where is.The property offers solid construction, a comfortable layout, and excellent potential for those looking to modernize or invest. The partially finished basement provides additional living space that could be ideal for a family room, home gym, or hobby area.Outside, the deep lot offers plenty of room for gardening, entertaining, or future expansion. A true highlight is the large Heated detached garage, featuring an oversized door and 200-amp service perfect for welding, automotive work, or serious hobbyists.This home is conveniently located close to schools, shopping, parks, public transit, and major routes, making it a smart choice for families, renovators, or investors.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size6,720 SqFt(120 x 56)
Parking Spaces6
MLS ®NumberX12462135
Community NameArgyle
Data SourceTRREB
Listing byRE/MAX ADVANTAGE REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin

Main Floor

Kitchen

2.23 x 5.74

Living

3.47 x 4.92

Br

2.43 x 3.6

Primary

3.6 x 3.45


Features

Lot size: 6,720 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 5

Total parking spaces 6


Property History

Oct 15, 2025
ListedActive
$525,000
1 day on market
history photo preview29
Listing by trreb®

Market Data - Argyle

Geo Zone Map ThumbnailArgyle

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

35 days

2023

26 days

2022

30 days

New Listings

Past 30 days

53 listings

Compared to

2024

42 listings

2023

44 listings

2022

32 listings

Units sold

Past 30 days

13 units

Compared to

2024

18 units

2023

19 units

2022

18 units

Median Sold Price

Past 30 days

$525,000

Compared to

2024

$533,750

2023

$492,500

2022

$575,500


Population and Demographics

Overview

Total population 24680
Average household income $92,644

Age (%)

0 to 19
22%
20 to 34
24%
35 to 49
18%
50 to 64
21%
65 and plus
15%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
6%
Portuguese
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget