Sold for:Sold Apr 4, 2025
$350,000

Unit 24, 550 Second Street

London (East H), ON N5V 3S3

Condo Townhouse SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 24, 550 Second Street, London, East H

2025-03-24
2025-04-04
Sold
Price
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MLS#
x12038037

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 24, 550 Second Street, London, East H

Smart start or savvy investment! This 3+1 bedroom, 2-bath condo townhouse offers exceptional value at just $350,000. 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, youll 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. (** Please note** Pics of home are from when it was previously vacant)

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,620
Land Transfer Tax Fee
$3,725

Condo/Maintenance Fee

Maintenance Fee
$350 /month

Included In Maintenance Fee

  • Common Elements Included

Rental Items

Under Contract
Hot Water Heater

Basement Type
Full, Partially Finished

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building

Building Type
Condo Townhouse
Building Style
2-Storey
Approx Age
31-50
Condo Corp Number
330

Construction

Exposure
South West
Exterior Finish
Vinyl Siding, Brick Front
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Type
Exclusive
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None

Bedrooms
3 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Primary Bedroom—
    Second level
  • Bedroom—
    Basement level

Washrooms

  • 2-piece, Main
  • 4-piece, Second

Municipality
London
Neighbourhood
East H
Main cross streets
Oxford and Second
Directions
Oxford St to Second St

MLS® number
X12038037
Data source
Toronto Regional Real Estate Board
Status change
2025-04-04
Listed on
2025-03-24
Days on market
11 days
Possession date
2025-05-01
Possession type
30-59 days
Co-op commission
2.5
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for Unit 24, 550 Second Street, London, East H, London, ON. Listed for $350,000

HOMEH Estimate

?

$327,690

Estimated Sales Range

?

$288,367 - $367,013

HOMEH Estimate for Unit 24, 550 Second Street, London, East H

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$327,690High confidence
Based on 5 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$17,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$13,300$9,765$8,330$0
=Total mortgage
$345,800$324,765$305,830$280,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,688monthly$1,586monthly$1,493monthly$1,367monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$3,725

Total Land Transfer Tax

$3,725

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