577 Third St #37 is a 3-bedroom, 2-bathroom condo townhouse in London, listed for $299,900. It has 1000-1199 sq ft of living space.
1Excellent Investment Opportunity Near Fanshawe College!
2Ideally located close to Fanshawe College, shopping, restaurants, transit, parks, and everyday amenities, making it highly desirable for students, professionals, and long-term renters.
3BasementFull, Finished, as described in the listing.
Excellent Investment Opportunity Near Fanshawe College! This 3-bedroom, 2.5-bathroom corner unit offers an attractive opportunity for investors looking for strong rental income and minimal management concerns. Currently generating $3,550/month in rental income, with problem-free tenants already in place, this property offers immediate cash flow and peace of mind. Ideally located close to Fanshawe College, shopping, restaurants, transit, parks, and everyday amenities, making it highly desirable for students, professionals, and long-term renters. Whether you're adding to your portfolio or looking for your first investment, this is an opportunity worth exploring.
3 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $300 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 577 Third St #37
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
2-Storey
Living space
1000-1199 sq ftas stated on the listing
Parking
1 space
Basement
Full, Finished
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Townhouse
577 Third St #37 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14091142$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 577 Third St #37 Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in London
Other 2–3 bed homes for sale in London around $300K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,488Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 1,800 sales from Jul 23 – Oct 21, 2026 (1,462 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 577 Third St #37
How much is 577 Third St #37 listed for?
577 Third St #37 is listed at $299,900 (MLS® X14091142). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 577 Third St #37?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 577 Third St #37 changed?
No — 577 Third St #37 is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 577 Third St #37 have?
577 Third St #37 has 3 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo townhouse in London.
How much would the monthly mortgage be on 577 Third St #37?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 577 Third St #37 compare with other homes in London?
Its asking price of $299,900 is about 46% below the median sold price in London over the last 90 days, $559,950, across 1,800 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 577 Third St #37 been sold before?
Summitly has no earlier MLS® sale or lease of 577 Third St #37 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 577 Third St #37?
577 Third St #37 is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 577 Third St #37 been on the market?
4 days — 577 Third St #37 was listed on October 17, 2026.
What is the price per square foot of 577 Third St #37?
About $250 to $300 per square foot: the asking price of $299,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 577 Third St #37 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 577 Third St #37 have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
