Unknown for 490 Third St #27, London East Ontario N5A 4A2
5 days on Market

490 Third St #27, London East, Ontario N5A 4A2

In the same building:
-
Condo
3 + 1
3
~1200-1399 sqft
$449,900
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Condo
3 + 1
3
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$348/sqft

Est. Mortgage$1,932/mo

Maintenance fees$285/mo

Tax Amount (2024)$1,793/yr

Days On Market5 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 remodeled 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 ®NumberX12109939
Community NameArgyle
Data SourceTRREB
Listing byINITIA REAL ESTATE (ONTARIO) LTD

Features

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

2nd Floor

Primary

3.68 x 3.07

3rd Br

3.84 x 2.92

2nd Br

3.84 x 2.92

Bathroom

0.0 x 0.0

4 Pc Bath


Parking

Garage spaces -

Garage type -

Total parking spaces 2


1Story
Amenities

None

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by INITIA REAL ESTATE (ONTARIO) LTD, Brokerage
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Market Data - Argyle

Geo Zone Map ThumbnailArgyle

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2024

24 days

2023

10 days

2022

7 days

New Listings

Past 30 days

24 listings

Compared to

2024

7 listings

2023

9 listings

2022

7 listings

Units sold

Past 30 days

7 units

Compared to

2024

6 units

2023

10 units

2022

1 unit

Median Sold Price

Past 30 days

$370,000

Compared to

2024

$405,000

2023

$421,335

2022

$235,000


Population and Demographics

Overview

Total population 24680
Average household income $92,644

Age (%)

20 to 34
24%
0 to 19
22%
50 to 64
21%
35 to 49
18%
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%

Schools and amenities

Estimated Budget