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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 3 days ago

    226 Rainbow Avenue

    East N·London East, ON·N5W 4W1·Near Moffatt Ave & Rainbow Ave

    • 2 beds
    London East real estate›X13501940
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to this hidden gem with a POOL in East London's established Argyle neighbourhood. Offering exceptional curb appeal, this well-maintained bungalow welcomes you with a wide driveway, mature landscaping, and covered entry leading into a bright, elevated foyer. From there, step into the inviting living room, where hardwood floors, expansive windows, and a cozy gas fireplace create a warm and welcoming atmosphere. The well-appointed eat-in kitchen features ample cabinet and counter space, black appliances, and a spacious island with breakfast bar seating and built-in drawer storage. Large windows overlook the backyard and in-ground pool, while patio doors provide seamless access to the patio for effortless indoor-outdoor living. Just off the kitchen, the dedicated dining room offers hardwood flooring and plenty of space for family dinners and entertaining. Completing the main level are two comfortable bedrooms with hardwood flooring and 3-piece bathroom with granite countertop and tiled shower. The finished lower level extends the home's living space with a large primary bedroom featuring a cozy gas fireplace. This level also includes a generous family room, laundry room, and beautifully updated 4-piece bathroom complete with a separate glass shower, soaker tub, and elegant wainscoting. The backyard is nothing short of spectacular. This fully fenced outdoor oasis is built for unforgettable summers, showcasing a sparkling in-ground pool surrounded by an expansive stamped concrete patio with plenty of space to lounge, dine, and entertain. Complete with a gas BBQ hookup, hot tub connection, storage shed, and gated access, this is the kind of backyard you'll never want to leave. Ideally located in the family-friendly Argyle neighbourhood, you'll enjoy convenient access to East Lions Community Centre, parks, schools, restaurants, shopping at Argyle Mall, and everyday amenities, with major highways and the airport just a short drive away.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 29, 2026ListedCurrentFor sale$599,900 —X13501940This page
    Dec 8, 2025Previously listedTer$599,900 —X12612008View
    Sep 22, 2025Previously listedTer$624,900 —X12419192View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 226 Rainbow Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Library
    • Park
    • Place Of Worship
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,947
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $338
    0.68% mill rate · ON
    The market

    How this home sits in the London East market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London East market right now

    Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.

    • Avg sold price
      $462,684
      Last 30 days
    • Median sold price
      $457,000
      Middle of the market
    • Days on market
      33 d
      Avg from list to close
    • Closed last 30d
      380
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 226 Rainbow Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 226 Rainbow Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 226 Rainbow Avenue listed for?

      226 Rainbow Avenue is listed at $599,900 on the MLS® (listing X13501940). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 226 Rainbow Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Asking
    $599,900
    $0 / sqft · MLS® X13501940
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $337,759
    $310,739Confidence range$364,780
    Asking vs estimate
    ↑↑well-above
    +$262,141
    (+77.6%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London East sell in about 33 days — this one has been listed 3 days.

    Avg sold price
    $462,684
    Median sold
    $457,000
    Avg days on market
    33
    Recently sold
    380
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • From there, step into the inviting living room, where hardwood floors, expansive windows, and a cozy gas fireplace create a warm and welcoming atmosphere.
    • Large windows overlook the backyard and in-ground pool, while patio doors provide seamless access to the patio for effortless indoor-outdoor living.
    • Just off the kitchen, the dedicated dining room offers hardwood flooring and plenty of space for family dinners and entertaining.
    • This fully fenced outdoor oasis is built for unforgettable summers, showcasing a sparkling in-ground pool surrounded by an expansive stamped concrete patio with plenty of space to lounge, dine, and entertain.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  6. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    Private Double
  7. Interior

    4
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
  8. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    Inground, Outdoor
  9. Listing & possession

    3
    Occupancy
    60 DAYS
    Property style
    Bungalow
    Property class
    Detached
  10. Rec./Commun.Centre
  11. School
  12. Combined estimate
    $3,285
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,947
    /mo
    based on the purchase price of $599,900
    $119,980 cash
    $479,920 financed
    $404,219 total interest
    Monthly payment$2,947/ month
    Principal54%$479,920
    Interest46%$404,219

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in London East

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 189 Colborne Street
      Sold
      Sign in for price
      189 Colborne Street
      Detached
    • 1838 Royal Crescent
      Sold
      Sign in for price
      1838 Royal Crescent
      Detached
    • 438 Ontario Street
      Sold
      Sign in for price
      438 Ontario Street
      Detached
    • 74 Eldorado Avenue
      Sold
      Sign in for price
      74 Eldorado Avenue
      Detached
    • 50 Glass Avenue
      Sold
      Sign in for price
      50 Glass Avenue
      Detached
    • 91 Sweetbriar Court
      Sold
      Sign in for price
      91 Sweetbriar Court
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    226 Rainbow AvenueThis home2 / 211,001,500$599,900ask———
    189 Colborne Street3 / 11,100—
    1838 Royal Crescent3 / 1700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in London East

    Active listings within ±20% of this asking price.

    • 789 Fieldgate Circle
      $599,900
      789 Fieldgate Circle
      Detached 3 2
    • 1183 Sorrel Road
      $599,999
      1183 Sorrel Road
      Detached 3 3
    • 483 Clarke Road
      $539,900
      483 Clarke Road
      Detached 2 2
    • 391 ADMIRAL Drive
      $649,900
      391 ADMIRAL Drive
      Detached 6 3
    • 16 Pritchard Place
      $519,000
      16 Pritchard Place
      Detached 3 2
    • 438 Magnolia Crescent
      $625,000
      438 Magnolia Crescent
      Detached 3 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of THE REALTY FIRM INC. · displayed on Summitly per MLS® data-share rules

    226 Rainbow Avenue is a 2-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 226 Rainbow Avenue built?

    The year built for 226 Rainbow Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  18. What is the property tax for 226 Rainbow Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 226 Rainbow Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 226 Rainbow Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $599,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 226 Rainbow Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 226 Rainbow Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 226 Rainbow Avenue in?

    226 Rainbow Avenue is in East N, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.

  22. Is London East a good place to live?

    London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  23. 438 Ontario Street
    2 / 1
    1,100
    —
    74 Eldorado Avenue3 / 31,100—
    50 Glass Avenue4 / 21,500—
    91 Sweetbriar Court2 / 21,100—