1 - 1631 OXFORD STREET E, London East (East H)
$1
For sale: Other
- Property type
- Sale Of Business
- MLS®
- MLS® X13735546
- Neighbourhood
- East H
Turnkey restaurant opportunity directly across from Fanshawe College's main London Campus. This end-cap unit offers approx. 1,792 sq. ft. plus patio in an established commercial plaza, with strong exposure on Oxford St E, ample on-site parking and pylon signage. A fully equipped commercial kitchen with a 24-ft exhaust hood, walk-in cooler and walk-in freezer lets a new operator rebrand and open with minimal capital investment. The site draws on built-in demand from students, faculty and staff, plus a steady base of commuters and nearby residents. Oxford St E has been rebuilt under the City's East London Link project, with rapid transit service planned to begin in late 2027. The layout suits QSR, takeout, delivery, dine-in and franchise concepts. Gross rent is approx. $6,415.95/month. A cost-effective entry into London's east end for franchisees and independent operators seeking a fully built-out location.
Sold data
Homes in East H — recent sold market
Homes in East H took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 121 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $424,900.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $424,900
- Sale-to-list ratio
- 97.1%
- Sold above asking
- 20%
Based on 121 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London East (East H)
London East (East H) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London East (East H)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 1 - 1631 OXFORD STREET E
$60,000
Other484 RICHMOND STREET, East F, London East
$60,000
Other275 TALBOT STREET, St. Thomas, St. Thomas
$89,990
Other1487 DUNDAS STREET, East N, London East
$1
Other33 MAIN STREET W, Haldimand, Haldimand
$99,000
Other102 - 4396 KING STREET E, Kitchener
$29,000
Other292A CLARKE ROAD, East Q, London East
$1
Other201 HAMILTON ROAD, East K, London East
$25
Other182 YORK STREET, East K, London East