$389,900
For sale: Townhouse

**Ideal investment opportunity with strong tenant appeal!** This charming 2-storey townhome offers the features renters are looking for, including three comfortable bedrooms, parking for up to three vehicles with a convenient carport, and additional living space in the partially finished lower level. The bright and inviting main floor features a spacious living room, functional kitchen, and separate dining area, creating a practical and comfortable layout for everyday living. Upstairs, three bedrooms provide flexibility for families, couples needing extra space, or roommates seeking shared accommodations. The lower level offers added versatility for a family room, home office, gym, or hobby space. Located in a well-maintained condominium community, this property presents an appealing opportunity for investors looking to attract and retain tenants with a functional layout, generous parking, and flexible living space.
Sold data
Homes in East P took a median of 16 days to sell over the last 730 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 27, across 56 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.
The median sale price was $549,900.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 56 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East P) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$389,900
Townhouse59 - 511 ADMIRAL DRIVE, East I, London East

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