Room 1
Level not provided
37-577 Third St
East H, London East, Ontario N5V 4B9
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14091142
- Board
- TRREB MLS®
- Days on market
- Tax
- $2,196
- Size
- 1000-1199 sqft
- Parking
- None, 1 Parking
Listing History
Listing activity for 37-577 Third St, London East, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $299,900 | N/A | For Sale | X14091142 |
Property Details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- East H
- Municipality
- London East
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Detail
- 1, 2pc, Main
- Bathroom Detail
- 1, 4pc, 2nd
- Bathroom Detail
- 1, 3pc, Lower
- Basement Type
- Full
- Kitchens
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 1000-1199 sqft
- Construction
- Vinyl Siding
Parking
- Garage Type
- None
- Add. Parking
- 1
- Total Parking
- 1
Additional
- Year built
- 31-50
- Fireplace
- N
- Den
- N
- Family room
- N
- Condo maint.
- $300
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 6 on record nearby 7 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m4 test or monitoring holes also recorded.
- Groundwater recorded about 4.6 m below ground nearbyThe middle water level in the well records within 500 m (52 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 3.0 km
Province of Ontario open data
Around the home
- Nearest rail line: 140 m
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Russel Metals Inc. — London, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$1,375
- Down payment$59,980
- Mortgage amount$239,920
- Total interest$172,580
- Total cost$472,480
Cash flow analysis
$1,375
Total monthly payment
$1,558
Break-even down payment
100%
Cash flow-$1,558
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$299,900
$299,900
CAD
Estimate unavailable
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