1040 ADELAIDE STREET N, London East (East C)

$32/sqft

For rent: Other

Other at 1040 ADELAIDE STREET N, London East (East C)
Property type
Commercial Retail
MLS®
MLS® X13485896
Neighbourhood
East C

Position your business for success at 1040 Adelaide Street North. This well-maintained commercial plaza offers 1,214 square feet of versatile retail or office space in a highly visible location along one of London's busiest arterial corridors, benefiting from approximately 31,500 vehicles per day. The plaza is home to established complementary businesses and features ample on-site parking for customers and staff. The flexible layout and favourable zoning accommodate a wide variety of retail, professional office, service, and commercial uses, making this an excellent opportunity for both new and expanding businesses. With strong street presence, excellent accessibility, and a thriving surrounding commercial area, this space provides the exposure and convenience today's businesses need. Base Rent: $3,237.33/month Additional Rent: $809.33/month HST: $526.87/month Total Monthly Payment: $4,573.53/month

Sold data

Other homes in London East (East C) — recent sold market

Other homes in London East (East C) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.

Median days to sell
21
Median sale price
$575,000
Sale-to-list ratio
97.8%
Sold above asking
19%

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

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 1040 ADELAIDE STREET N