Salehian.com 647-325-5000

577 Third Street 37

East H, London East, N5V 4B9

$299,900

Photo 1 of 1
  • 3 bedrooms
  • 3 bathrooms
  • 1 parking
  • 1000-1199 sq ft

Listed 2 days ago · MLS® X14091142

About this home

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.

Details

Type
Condo Townhouse
Style
2-Storey
Age
31-50 years
Size
1000-1199 sq ft
Basement
Full, Finished
Garage
None
Kitchens
1
Property tax
$2,196 (2026)
Maintenance fee
$300/month
Neighbourhood
East H
Municipality
London East
Price per sq ft
$273 (about the same as condo townhouses in East H)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 2-piece (main), 1 × 4-piece (second), 1 × 3-piece (lower)
Rooms
9 above ground + 3 below
Family room or den
No
Fireplace
No
Laundry
In Building
Features
Water Heater Owned

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding, Brick
Age
31-50 years

Parking

Total parking
1

Condo

Monthly fee
$300
Fee includes
Common Elements Included, Parking Included, Building Insurance Included
Exposure
North
Pets
Yes-with Restrictions
Property manager
G3 Property Solutions Inc.

More

Possession
ASAP
Cross street
Culver Dr

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 14 cafés and restaurants, 4 parks, 1 pharmacy. Nearest grocery: True Value Foods (800 m). Nearest park: Third Street Park (300 m).

Schools nearby

Elementary

  • Forest City Public School
    EQAO: Gr 6 reading 59%, math 19%    4 min walk
  • Evelyn Harrison Public School
    EQAO: Gr 6 reading 75%, math 40%    1.6 km
  • Robarts School for the Deaf1.6 km
  • St. Pius X Catholic School Catholic
    EQAO: Gr 6 reading 71%, math 25%    1.8 km

Secondary

  • John Paul II Catholic Secondary School Catholic
    EQAO: Gr 9 math 44%, literacy test 71%    1.5 km
  • Clarke Road Secondary School
    EQAO: Gr 9 math 45%, literacy test 61%    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N5V

Owners / renters
62% / 38%
Median household income
$74,500
Average age
39
Children under 15
16%
Homes
53% detached, 5% high-rise
Commute by transit
7%
Population
32,961

Languages spoken most at home besides English: Spanish 1.2%, Vietnamese 1.1%, Portuguese 1%, Punjabi (Panjabi) 0.8%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 5 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (CN Guelph Subdivision)50 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by BLUE FOREST REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in London East