A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 550 Second St #47, London East Ontario N5V 3S3
42 days on Market

550 Second St #47, London East, Ontario N5V 3S3

In the same building:
-
Condo
3
2
~1200-1399 sqft
$•••,•••
$399,900
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Condo
3
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$309/sqft

Est. Mortgage$1,717/mo

Maintenance fees$370/mo

Tax Amount (2024)$1,605/yr

Days On Market42 days


Description

Welcome to this 3-bedroom, 1.5 bathroom townhouse, perfect for first-time home buyers or investors! This move-in-ready home has been freshly painted. The main floor features a bright kitchen with new countertops and a brand-new faucet. The open-concept dining and living area is bright and inviting, offering the perfect space to entertain. Ample closet space on the main level add convenience to this carefully designed level. Upstairs, you'll find three spacious bedrooms, including a primary bedroom with two large closets. A full bathroom completes the upper level. The partially finished basement provides a recreational room space, ideal for a home office with plenty of extra storage. There is a rough-in for a washroom in the basement. The low maintenance fees include snow removal and landscaping. Recently rented for $2,400 a month but is now vacant and in move in condition. Recent updates include main level new waterproof laminate flooring, new washer, new vent covers throughout, new kitchen faucet and countertops and gas heating throughout. Nestled in a well-maintained community within walking distance of Fanshawe College, public transit, parks, schools and shopping, this is an incredible opportunity to own a beautiful and affordable home in a great location!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12124211
Community NameArgyle
Data SourceTRREB
Listing byINITIA REAL ESTATE (ONTARIO) LTD

Features

Heating: Forced Air
Basement: Part Fin

Parking

Garage spaces -

Garage type -

Total parking spaces 1


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 5, 2025
ListedActive
$399,900
42 days on market
history photo preview25
Listing by trreb®
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

24 days

Compared to

2024

16 days

2023

9 days

2022

19 days

New Listings

Past 30 days

25 listings

Compared to

2024

15 listings

2023

25 listings

2022

14 listings

Units sold

Past 30 days

7 units

Compared to

2024

5 units

2023

12 units

2022

4 units

Median Sold Price

Past 30 days

$301,900

Compared to

2024

$360,000

2023

$422,500

2022

$272,500


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget