37 - 577 Third Street, London East
Excellent Investment Opportunity Near Fanshawe College! This 3-bedroom, 2.5-bathroom corner unit offers an attractive opportunity for investors looking for strong rental income and minimal management concerns. Currently generating $3,550/month in rental income, with problem-free tenants already in place, this property offers immediate cash flow and peace of mind. Ideally located close to Fanshawe College, shopping, restaurants, transit, parks, and everyday amenities, making it highly desirable for students, professionals, and long-term renters. Whether you're adding to your portfolio or looking for your first investment, this is an opportunity worth exploring. (id:1945)
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Property details for 37 - 577 Third Street, London East
- Type
- Townhouse
- Bedrooms
- 3
- Bathrooms
- 3
- Stories
- 2
- Basement
- Finished, Full
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Vinyl siding
- Ownership
- Condo/Strata
- Annual Taxes
- $2,196 (2025)
- Condo Fee
- $300 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 37 - 577 Third Street
Active Listings
11
Min Price
$269,900
Max Price
$519,900
Avg Price
$393,618
Days on Market
28
days
Sold Listings
2
Min Sold Price
$289,900
Max Sold Price
$375,900
Avg Sold Price
$332,900
Days until Sold
38
days
Neighbourhood Census Data
London, Ontario
Population
964
Median Age
27.4
Median Income
$25,088
Dwelling Value
$174,124
Housing Tenure
Owners 43%
Renters 57%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 1,398.9/km²
Avg Shelter Cost: $1,042/mo
Owners with Mortgage: 75%
Owners Spending 30%+: 20.7%
Tenants Spending 30%+: 41%
English only: 95.9%
English and French: 3.1%
Neither: 0.5%
Median Household Income: $51,072
Median Employment Income: $23,616
Price History
Listed
October 18, 2026
by BLUE FOREST REALTY INC.
Current Price
$299,900
Type
Townhouse
For Sale
