$399,000
For sale: Other

London's premier art studio is in its 31st year of operation. The retail area houses over 3,600 square feet of art supplies, frames, framed pictures and a custom-framing workshop. The store caters to both beginners and professionals. Bijan's employees all have extensive art backgrounds and are extremely knowledgeable about the store's products. Excellent sales and profits. Owner is planning to retire and will provide extensive training to a new owner. Information package available to interested parties
Sold data
Other homes in London East (East F) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East F) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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Detached1505 MCLARENWOOD TERRACE, East O, London East