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For SaleCondo Apt · ApartmentMLS® #X14179478 · TRREB MLS®

606-756 Kipps Lane, London East, Ontario

East A, London East, Ontario N5Y 4X9

Bedrooms
1
Bathrooms
1
Type
Condo Apt
Basement
None

$199,000

Estimated market value

About 606-756 Kipps Lane

606-756 Kipps Lane is a 1-bedroom, 1-bathroom condo in East A, London East, listed for sale at an asking price of $199,000 (MLS® X14179478).

Bright, affordable, and overlooking the Thames River, this inviting one-bedroom condo offers comfortable living in a convenient location. The functional layout features a spacious living area with large windows that fill the space with natural light, complemented by a private balcony where you can relax and enjoy the river views. Heat, water, and parking are included in the condo fees, adding everyday value. Nearby walking trails and parks make it easy to enjoy the outdoors, while shopping, amenities, and major bus routes keep you connected to Western University, Fanshawe College, and downtown London. Whether you're buying your first home, downsizing, or seeking an investment property, this condo offers an accessible opportunity with immediate possession available.

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Strong
    94out of 100

    +$440/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 24 condos with 1 bedroom for lease in London East right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$1,468 / 2026
MLS® number
X14179478
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
700-799 sqft
Listed on
Parking
None, 1 Parking
Listing brokerage: KELLER WILLIAMS LIFESTYLESData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 606-756 Kipps Lane, London East, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$199,000—For SaleX14179478

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
East A
Municipality
London East

Building

Size
700-799 sqft
Construction
Brick

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 4pc
Basement Type
None
Kitchens
1

Parking

Garage Type
None
Additional Parking
1
Total Parking
1

Utilities

Cooling
None
Heating Type
Baseboard

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$280

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Map and tour

Land transfer tax on this home

Ontario land transfer tax
$1,715
Total land transfer tax
$1,715
First-time buyer rebates (Ontario up to $4,000)
−$1,715
Total for first-time buyers
$0
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $199,000
$1,440
Ontario total
$1,715

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Louise Arbour French Immersion Public SchoolThames Valley DSBPublic · grades JK–8 · French Immersion350 m86%Grade 6 average
Northbrae Public SchoolThames Valley DSBPublic · grades JK–8550 m68%Grade 6 average
St. Kateri Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81.6 km80%Grade 6 average
École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–83.5 km72%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–121.1 km57%Grade 9 math
A B Lucas Secondary SchoolThames Valley DSBPublic · grades 9–121.5 km75%Grade 9 math
Montcalm Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion2.4 km33%Grade 9 math
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–123.2 km44%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $39,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$39,800
Total mortgage amount
$159,200
Total interest payment
$113,200
Total purchase cost
$312,200
Mortgage payment
$908/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$1,310
$440per month
  • Carrying cost $1,310
  • Surplus $440

Rental income opens at $1,750, the median asking rent of 24 comparable homes for lease in London East. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in East A are shown to signed-in members.

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