Condo

626 First Street, Unit 505

London, N5V 2A2

$299,000
Bedrooms
4
Bathrooms
2
Interior
800-899 ft²
Type
Condo
On the market
106 days

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.

Features

  • Carpet Free

Property details

MLS® number
X13619660
Property type
Condo Apartment
Style
1 Storey/Apt
Bedrooms
4
Bathrooms
2
Kitchens
1
Interior size
800-899 ft²
Heating
Baseboard, Electric
Parking
1 spaces
Exterior
Brick
Property taxes
$2,213 (2025)
Condo fee
$536 (includes water, parking, common elements)
Possession
Flexible
Cross street
Oxford/First Street
Community
East H
Municipality
London

Location

London, near Oxford/First Street

626 First Street, Unit 505, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$1,324a month

$59,800 down, 4.5%, 25 years

Down payment

%
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An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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