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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13840366For SaleCondo Townhouse

61-511 Admiral Dr

East I, London East, Ontario N5V 4R4

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61-511 Admiral Dr, London East, photo 1
Asking$389,900
Bedrooms
3
Bathrooms
2
Size
1,200–1,399sq ft
Per sq ft
$300at the range’s middle
Tax a year
$2,2462025 tax year
Parking
1none
Days on market
Members

The brief

About 61-511 Admiral Dr

61-511 Admiral Dr is a 3-bedroom, 2-bathroom condo townhouse in East I, London East, listed for sale at an asking price of $389,900 (MLS® X13840366).

Welcome to Unit 61 at 511 Admiral Drive, a well-cared-for 3-bedroom, 1.5-bath condo-townhouse offering three finished levels and a location that could be especially appealing to busy professionals, frequent travellers, commuters, families, and anyone looking for the convenience of low-maintenance living. Tucked toward the back of this mature, well-kept complex, the main floor features a bright living room, a dedicated dining area, and a functional kitchen with quartz countertops and a reverse-osmosis drinking-water tap. Upstairs are three bedrooms and a full 4-piece bathroom, providing plenty of flexibility for a family, guests or a home office. The finished lower level adds a spacious recreation room, laundry area and additional storage, while the private rear deck provides a comfortable outdoor space to relax or enjoy the warmer months. Ample visitor parking is conveniently located nearby, and additional features include central air and an alarm system. The home has also been pet-free and smoke-free. Location is one of the standout advantages here. Situated just off Veterans Memorial Parkway, the property offers convenient access to Highway 401 and London International Airport, making it an attractive home base for those who travel regularly, commute for work or simply value being well connected to the city and beyond. Shopping, transit and everyday amenities are also within convenient reach. Whether you're a first-time buyer, a family looking for three bedrooms and additional finished living space, a downsizer wanting less exterior maintenance, or a frequent traveller looking for a comfortable lock-and-leave home base, Unit 61 offers a combination of space, convenience and location that's worth a closer look.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

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

  • Cashflow Quality

    Near break-even

    −$142/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 condos with 3 bedrooms for lease in East I right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,246 / 2025
MLS® number
X13840366
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
1200-1399 sqft
Listed on
Parking
None, 1 Parking
Listing brokerage: RE/MAX CENTRE CITY REALTY INC.Data 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.

Property details

Property

Property Type
Condo Townhouse
Style
2-Storey
Community
East I
Municipality
London East

Building

Size
1200-1399 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc 2nd, 1 × 2pc Main
Basement Type
Partly Finished
Kitchens
1

Parking

Garage Type
None
Additional Parking
1
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Condo maint.
$326

Rooms

Room details unavailable

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

Listing history

Buy/sell history for 61-511 Admiral Dr, London East, Ontario

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

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$389,900N/AFor SaleX13840366

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $77,980

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
$77,980
Total mortgage amount
$311,920
Total interest payment
$221,780
Total purchase cost
$611,680
Mortgage payment
$1,779/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

26%

Monthly carrying cost

$2,292
−$142per month
  • Rent $2,150
  • Shortfall $142

Rental income opens at $2,150, the median asking rent of 7 comparable homes for lease in East I. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,324
Total land transfer tax
$4,324
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$324
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $389,900
$2,099
Ontario total
$4,324

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

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 Kassaundra Dobson, Broker of Record for a full comparative market analysis.

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.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

11 records · 4 on fileRead 2026-10-30
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 1.9 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at a household 90 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 1.9 km1.9 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Bradken Canada Manufactured Products Ltd. — Bradken Foundry, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by London Hydro Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 90 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.90 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in East I right now

For sale now
11
Median asking price
$325K

Middle half: $269K to $375K

New in 7 days
2

5 in 28 days

Price cuts
18%

2 listings

This home is asking 20% above the median, higher than three quarters of them.

See all homes in East I

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Bonaventure Meadows Public SchoolThames Valley DSBPublic · grades JK–8450 m53%Grade 6 average
Holy Family Elementary SchoolLondon District Catholic School BoardCatholic · grades JK–81.3 km63%Grade 6 average
Lord Nelson Public SchoolThames Valley DSBPublic · grades JK–81.3 km70%Grade 6 average
Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–64.2 km92%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Clarke Road Secondary SchoolThames Valley DSBPublic · grades 9–121.7 km45%Grade 9 math
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–124.7 km44%Grade 9 math
Montcalm Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion5.8 km33%Grade 9 math
École secondaire Gabriel-DumontConseil scolaire ViamondeFrench-language public · grades 9–125.9 km77%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.

The verdict

Similar Active Listings

Recently sold nearby

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

Email Kassaundra Dobson, Broker of Record