$ 299,000
505 - 626 First Street
505 - 626 First Street, London East, ON N5V2A2 Photo 1
20 Photos
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505 - 626 First Street, London East

This versatile property can be your new home or a turn-key investment opportunity! This top-floor condo is conveniently located right across from Fanshawe College, and currently accommodates 4 single student rental rooms, kitchen and 2 full baths. Current monthly RENTAL INCOME is over $3000! This property can also be easily reversed back to a SINGLE FAMILY unit at any time. BONUS: All bedroom FURNISHINGS are included - smart tv's, beds, desks, bookshelves and more! The solid brick building is equipped with an elevator and security cameras throughout. A helpful and friendly on-site building manager, 1 assigned parking spot, and water are also included in maintenance fees. Other amenities include restaurants, stores, parks, and transportation. (id:1945)
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Property details for 505 - 626 First Street, London East

Type
Apartment
Bedrooms
4
Bathrooms
2
Basement
None
Parking
No Garage
Heating
Baseboard heaters, Electric
Cooling
None
Exterior
Brick
Ownership
Condo/Strata
Annual Taxes
$2,213 (2025)
Condo Fee
$536 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 505 - 626 First Street

Active Listings
29
Min Price
$235,000
Max Price
$639,900
Avg Price
$477,024
Days on Market
40
days
Sold Listings
10
Min Sold Price
$389,900
Max Sold Price
$568,000
Avg Sold Price
$500,250
Days until Sold
48
days

Neighbourhood Census Data

London, Ontario

Population
554
Median Age
26.8
Median Income
$18,496
Dwelling Value
$210,121

Housing Tenure

Owners 50%
Renters 50%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 2,186.3/km²
Avg Shelter Cost: $852/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 20.8%
Tenants Spending 30%+: 52.2%
English only: 96.4%
English and French: 3.6%
Median Household Income: $42,624
Median Employment Income: $13,904

Price History

Listed
July 30, 2026
by SUTTON GROUP - SELECT REALTY
Current Price
$299,000
-14.3% from last change
Type
Apartment
For Sale
Price Changes
1
Date Price Change
Current $299,000 $50,000 (-14.3%)
Jul 30, 2026 $349,000 Listed

Contact Agent Get in touch about 505 - 626 First Street, London East

MIRELLA SHREVE
MIRELLA SHREVE
SUTTON GROUP - SELECT REALTY

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