$475,000
For sale: Detached

Calling all visionary buyers and savvy investors! This property offers a fantastic opportunity for an eager investor. Its a golden opportunity brimming with potential, with OC5 and ASA3 zoning, this property offers incredible flexibility, strategically situated near Fanshawe College, major shopping centers, and convenient bus routes. The main floor of this bungalow presents three well-sized bedrooms, a four-piece bathroom, living room with gas fireplace and a dining area just off the kitchen. Recent upgrades include a new furnace (2020), enhanced spray foam insulation along with all newer windows in the lower level and in all bedrooms. This is more than just a home; it's a smart investment in a thriving community. Whether you're looking to upgrade the home and make it a great family residence with future income potential or a turnkey student rental conversion project, and the lower level is already equipped with two distinct Kitchen areas, two bathrooms and separate entrances, this London bungalow offers a truly unbeatable opportunity. Bring your vision to life and transform this space into your dream family haven or a high-yield income property the possibilities are endless!
Sold data
Homes in East G took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 56, across 105 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $399,900.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 105 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East G) 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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