Unknown for 550 Second St #50, London East Ontario N5V 3S3
8 days on Market

550 Second St #50, London East, Ontario N5V 3S3

In the same building:
-
Condo
3 + 1
3
~1200-1399 sqft
$389,900
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Condo
3 + 1
3
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$301/sqft

Est. Mortgage$1,674/mo

Maintenance fees$350/mo

Tax Amount (2025)$1,620/yr

Days On Market8 days


Description

Smart start or savvy investment! This 3+1 bedroom, 3-bath condo townhouse offers exceptional value for under $400,000. Located in East London, steps from Fanshawe College and right next to F.D. Roosevelt PS, this home is ideal for first-time buyers or those seeking a mortgage helper while their child attends school. With 1,280 sq. ft. above grade and a low-maintenance condo lifestyle, you'll enjoy functional living space without the upkeep. Convenient access to schools and transit adds to the appeal. Whether you're buying your first home or looking for reliable rental potential, this opportunity delivers on both price and location.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12199672
Community NameArgyle
Data SourceTRREB
Listing byeXp Realty

Features

Heating: Forced Air
Basement: Full, Part Fin

Main Floor

Living

2.66 x 1.8

Dining

1.04 x 0.93

Kitchen

1.8 x 1.04


Parking

Garage spaces -

Garage type -

Total parking spaces 1


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 5, 2025
ListedActive
$389,900
8 days on market
history photo preview22
Listing by trreb®
Property listed by eXp Realty, 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