204 - 626 First Street
London East, ON
- 3 bed
- 2 bath
- approx. 900-999 sqft
- Condo Apartment
- 46 days on market
Whether you are a savvy investor looking to add a cash flowing asset to your portfolio or a parent with a child attending Fanshawe College, this one checks every box.Welcome to this bright and well-maintained 3 bedroom, 2 full bathroom condo apartment located on the second floor and just steps from Fanshawe College and everything the neighbourhood has to offer. With a built-in tenant pool right at your doorstep, this property practically markets itself.Inside you will find a thoughtfully updated space with a long list of recent improvements already taken care of for you. The entire unit was freshly painted in August 2025, giving it a clean and modern feel from the moment you walk in. The kitchen features a brand new sink and countertop installed in January 2025, a stylish backsplash, and a newer stove making it both functional and visually appealing. Both full bathrooms received updated toilets and minor updates in 2022, and the entire unit is carpet free following the installation of luxury vinyl plank flooring throughout in 2020.The layout offers comfortable living and dining areas that flow naturally together, while the private open balcony gives you that outdoor space to relax and recharge. Three generously sized bedrooms and two full bathrooms make this an ideal setup for students, young professionals, or families alike.Properties this close to Fanshawe do not stay available for long. Student demand in this area remains consistently strong year round, making vacancy a rare concern for investors who own here. Whether you choose to live here or lease it out, the location and the upgrades make this an easy decision.Move-in ready, well maintained, and priced to move.
Listing Details
- Taxes (2026)
- $1,794
- Listed
- July 21, 2026
Price History
Property
- Style
- Apartment
- Construction
- Brick
- Interior
- Carpet Free
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- First St and Oxford St.
- Parcel Number
- 087420007
- Possession
- Immediate
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $625/month
- Fee Includes
- Common Elements Included, Water Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
Included
- Inclusions
- Stove, Refrigerator, Dishwasher
- Exclusions
- All tenant belongings
Schools
Elementary
- Forest City Public School Public School0.5 km
Public · Thames Valley DSB · 345 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 19% met the provincial standard
- Robarts Provincial School for the Deaf0.8 km
Provincial · Provincial and Demonstration Schools
- Robarts/Amethyst Demonstration Elementary School0.8 km
Provincial · Provincial and Demonstration Schools
Secondary
- John Paul II Catholic Secondary School0.7 km
Catholic · London District Catholic School Board · 940 students
Grade 10 literacy: 71% met the provincial standard
- Robarts Provincial School for the Deaf0.8 km
Provincial · Provincial and Demonstration Schools
- Robarts/Amethyst Demonstration Secondary School0.8 km
Provincial · Provincial and Demonstration Schools
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5V
- Population
- 32,961
- Private dwellings
- 13,236
- Median age
- 36.4
- Average household size
- 2.6
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in London East · last 12 months
- Median sold price
- $462,500
- Homes sold
- 1,325
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,325 recorded sales of residential condo & other properties in London East over the last 12 months.
Rooms
2 × 4-piece on Main
Main
- Bedroom14' x 12'
- Bedroom14' x 12'
- Bedroom14' x 12'
- Kitchen10' x 10'
- Living Room18' x 20'
Listed by
PRIME REAL ESTATE BROKERAGE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$69,120
Estimated Monthly Payment
$1,698
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,698/mo (20% down, 5.5%)
Taxes: $150/mo · Insurance: $86/mo
Maint: $625/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?