1002-1004 OXFORD STREET E, London East (East C)

$499,000

For sale: Vacant Land

Vacant Land at 1002-1004 OXFORD STREET E, London East (East C)
Property type
Land
MLS®
MLS® X13882334
Neighbourhood
East C

Prime Development Opportunity! Ideally located on a major arterial route just minutes from Fanshawe College and downtown London. The property originally consisted of two addresses-1002 & 1004 Oxford Street East. The property offers excellent development potential with zoning that permits a mixed-use project featuring commercial space on the main level and residential units on the second and third floors. There is potential for approximately 4-6 residential units, making this an attractive opportunity for investors and developers alike. Architectural drawings are available from the Seller upon request. Buildings to be demolished. Property is being sold "Under Power of Sale." Please allow 72 hours for irrevocable. Photo is just an artist's rendering.

Sold data

Vacant Land homes in London East (East C) — recent sold market

Vacant Land homes in London East (East C) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 73, across 65 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 78 days.

The median sale price was $649,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$649,900
Sale-to-list ratio
97.9%
Sold above asking
12%

Based on 65 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 C)

London East (East C) 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 C)

  • 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 1002-1004 OXFORD STREET E