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$340K · 3 bed Condo Townhouse · East H, London East | MyPropertyScout

$339,900

Unit 59

90 DOM

3290d

Map

DOM 90

$339,900

C●●○○○DOM90days

Unit 59

550 Second Street · London East · Ontario N5V 3S3

MLS® X12946954 · East H · N5V 3S3

32Vacant1200-1399 ft²Condo TownhouseNone90d$262/ft²$1,727 tax/yrBuilt 198541 yrs old

3% above market · regional est. · 90 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to 59-550 Second St., an updated end unit in East London. This unit has recently been remodeled with updated vinyl plank flooring, lighting, and fresh paint throughout. The main floor includes a large living area with a large bay window. The updated kitchen is bright and cozy & includes newer cabinet doors & handles. Upstairs, you will find 3 generous bedrooms and a main 4-piece bathroom with an updated vanity. The lower includes a large family room, storage area & laundry. This unit is…

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Property details

MLS#: X12946954
Status: Buy Now
Beds: 3
Baths: 2 full, 0 half
Size: 1200-1399
Style: 2-Storey
Type: Condo Townhouse
Year built: —

Property features: Level, Place Of Worship, Public Transit, School, School Bus Route

View: Clear

Condo corp #: 330
Balcony: None
Locker: Ensuite+Common
Fees include: Building Insurance Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: None
Fireplaces: —
Waterfront: No
Exterior: Brick, Vinyl Siding
Fronting on: —
Cross street: Oxford St. E. & Second St.
Basement: Full, Partially Finished
Stories: 1
Utilities: —
Laundry: In Basement
Interior: Carpet Free
Parking features: Reserved/Assigned

Rooms

Level	Room	Dimensions
Main	Kitchen	3.3m × 3.47m
Main	Dining Room	2.28m × 3.3m
Main	Living Room	3.35m × 4.87m
Second	Primary Bedroom	3.42m × 4.29m
Second	Bedroom	3.42m × 4.19m
Second	Bedroom 2	2.64m × 2.99m
Basement	Family Room	3.4m × 4.9m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: STREETCITY REALTY INC.

Source: TRREB/PROPTX · MLS® X12946954

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$340K

Unit 59 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $339,900✓ $1,727 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,273/mo

incl. closing costs (yr 1)

Annual total

$39,274

year 1

Mortgage only

$1,289/mo

principal + interest

Beyond mortgage

$1,227/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$67,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$144/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,399/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$31/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$3,574

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $15,474/yr

Property taxes13% $5,301/yr

Utilities10% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,399/yr

Condo fees11% $4,440/yr

Closing costs13% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$15,474	$1,289/mo
Government & taxes
Property tax	$1,727	$144/mo
Land transfer tax(closing)	$3,574	$298/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,399	$283/mo
Condo fees
Condo / HOA fees	$4,440	$370/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$39,274	$3,273/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 59

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs