118-119 - 379 DUNDAS STREET, London East (East K)

$350,000

For sale: Other

Other at 118-119 - 379 DUNDAS STREET, London East (East K)
Property type
Office
MLS®
MLS® X12685924
Neighbourhood
East K

1st Floor Commercial Condos in Downtown London - Units 118 & 119 - 379 Dundas Street, aka London Towers. Units are being sold together at a total of 4,010 sqft of space. With DA2 Zoning they would make great office spaces for Insurance, Realty or Legal OR service trades like RMT, Physio or Medical plus many other business possibilities. Both units have updated vinyl laminate flooring and fresh paint. UNIT 118 at 1,880 sqft has an open reception area with view of the common area foyer. As you move through the space you'll find 9 private offices, a kitchen, storage areas and access to the emergency exit. UNIT 119 at 2,130 sqft has an open Reception Area with view of the atrium entrance. There is a private office, a large conference room, an open workstation area & kitchenette with wet bar, storage rooms, large rear room & access to emergency exit. Each unit has 1 underground parking spot on Level P2 #197 & #198. Other underground spots are available for rent. The owner has the advantage of using the building amenities such as: Pool, Fitness Area, Sauna, Windham Party Room & Outdoor Roof Top Area. The D2 (Downtown) Zoning allows for various types of retail, service and office business uses. There is secure fob entrance, building is wheelchair accessible with an elevator to access the 2nd floor commercial space. There are common area washrooms on the 1st & 2nd floors. Monthly Condo Fees Include: heat, hydro, water, common area maintenance, exterior maintenance, snow removal & the maintenance person is available 24/7. Located minutes to many downtown amenities like Delta Hotels London Armouries, Canada Life Place, Victoria Park & Richmond Row shops.

Sold data

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

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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

London East (East K) 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 K)

  • 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 118-119 - 379 DUNDAS STREET