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For saleMLS® X13619660

626 First Street, Unit 505

London, N5V 2A2

$299,000

Bedrooms
4
Bathrooms
2
Interior
800-899 ft²
Type
Condo

About this home

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.

Property details

Property type
Condo Apartment
Ownership
Condominium
Style
1 Storey/Apt
Property taxes
$2,213 (2025)
Condo fees
$536 a month
Fees include
Water Included, Parking Included, Common Elements Included
Heating
Baseboard, Electric
Parking
1 space
Time on market
95 days on market

Features

Inside

  • Carpet Free

Outside

  • Brick

Location

Thinking about the area? Read my guide to London.

Estimate your payment

20% down. The minimum on this price is $14,950.

Your monthly payment

$1,324

Mortgage amount
$239,200
Interest over the amortization
$157,972

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: SUTTON GROUP - SELECT REALTY.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13619660.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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