$399,000
For sale: Detached

Welcome to 1025 King Street! This inviting 3-bedroom, 1-bathroom bungalow is situated on a 38 x 112 ft lot in a convenient East London location. The main floor offers comfortable one-level living with three bedrooms and a bathroom featuring heated flooring for an added touch of comfort. The property also offers two side-by-side parking spaces and a spacious backyard designed with families in mind. Enjoy summer evenings around the bonfire pit while the kids make use of the play structure, with two sheds providing plenty of additional outdoor storage. The unfinished lower level offers a combination of basement and crawlspace areas, providing useful storage space and potential for future improvements. Conveniently located close to Kellogg's, the Hard Rock Hotel, shopping, restaurants, parks, transit, and major amenities, this home is an excellent opportunity for first-time buyers, families, downsizers, or investors looking to be part of an evolving East London community.
Sold data
Detached homes in London East (East M) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 41, across 887 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $639,900.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 887 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East M) 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.
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