Re-listed 11 days ago

490 Third St #27, London East, Ontario N5V 4A2

In the same building:
-
Condo
3 + 1
3
~1200-1399 sqft
$•••,•••
$399,900
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$2,000Cashback
Condo
3 + 1
3
~1200-1399 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market11 days

Total days on market
96 days

Estimated valueNot available

Price/Sqft$309/sqft

Monthly cost

Open Calculator

CMA Subject Property

Curious about what homes are selling for in this area?

Get a report on comparable homes with helpful insights and trends.

+4

Properties sold*

$391K

Median sold price*

*Based on last 30 days

Description

Attention investors, first-time buyers, and families! This beautifully renovated corner unit townhouse offers incredible value and excellent rental potential, ideally located within walking distance to Fanshawe College, public transit, shopping, and all major amenities. This turnkey property has been professionally updated from top to bottom, featuring brand new flooring throughout, updated trim, baseboards, new interior doors, stylish lighting fixtures, and plush carpet on the stairs. The modern kitchen is complete with quartz countertops, a striking backsplash, and brand new stainless steel appliances. Both the main bathroom and the convenient powder room have been fully remodelled with contemporary finishes.The fully finished basement adds tremendous versatility with an additional bedroom, a 3-piece bathroom, and a newly updated rec room perfect for additional rental income or extended family living. With its prime location, extensive updates, and strong demand for rental properties in the area, this unit offers a fantastic opportunity for investors looking for cash flow or appreciation potential. Move in or rent out immediately everything is ready for you! Don't miss out on this exceptional property!


Property Details

Style2-Storey
ViewClear
Age of property31-50
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberX12298266
Community NameArgyle
Data SourceTRREB
Listing byINITIA REAL ESTATE (ONTARIO) LTD

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Finished

Main Floor

Kitchen

3.23 x 3.15

Living

5.59 x 4.83

Dining

2.89 x 3.15

Powder Rm

0.0 x 0.0

2 Pc Bath


Parking

Garage spaces -

Garage type -

Total parking spaces 2


1Story
Amenities

None

Inclusions
Hydro
Water
Parking
Cable
Heat

Market Data - Argyle

Geo Zone Map ThumbnailArgyle

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

20 days

2023

37 days

2022

9 days

New Listings

Past 30 days

20 listings

Compared to

2024

7 listings

2023

10 listings

2022

13 listings

Units sold

Past 30 days

4 units

Compared to

2024

4 units

2023

6 units

2022

1 unit

Median Sold Price

Past 30 days

$360,500

Compared to

2024

$391,000

2023

$402,500

2022

$453,000


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