1-3 - 673 RICHMOND STREET, London East (East F)

$399,000

For sale: Other

Other at 1-3 - 673 RICHMOND STREET, London East (East F)
Property type
Sale Of Business
MLS®
MLS® X13411650
Neighbourhood
East F

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

Homes in East F — recent sold market

Homes in East F took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 70, across 94 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.

The median sale price was $447,450.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$447,450
Sale-to-list ratio
96.2%
Sold above asking
6%

Based on 94 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East F)

London East (East F) 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 F)

  • 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 1-3 - 673 RICHMOND STREET