1185 RICHMOND STREET, London East (East B)

$1,900,000

For sale: Detached

Detached at 1185 RICHMOND STREET, London East (East B)
Property type
Detached
Bedrooms / bathrooms
8 bedrooms, 8 bathrooms
Living area
100,000 sqft
MLS®
MLS® X13733962
Neighbourhood
East B

Landmark Georgian estate in prime Old North - a rare 3-storey on an exceptional lot, steps to the Western University gates and walking distance to St. Joseph's and University Hospitals. Circular drive with two street entrances plus a double driveway. Original character throughout: four fireplaces, generous principal rooms, a light-filled open-concept great room, and mature landscaping with patios in back and side plus a garden area. Substantial 2003 addition. Currently configured as a multi-unit residence, offering a compelling opportunity to restore the property to a grand single-family home or to explore a conforming multi-residential use, subject to City of London approvals. Power of Sale. Sold "AS IS, WHERE IS." Buyer to satisfy themselves as to permitted uses, zoning, and compliance. Rear portion of property is in the process of severance and zoning variation. A rare offering for the investor or restorer with vision.

Sold data

Detached homes in London East (East B) — recent sold market

Detached homes in London East (East B) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 783 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.

The median sale price was $639,900.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$639,900
Sale-to-list ratio
97.3%
Sold above asking
15%

Based on 783 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East B)

London East (East B) 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 B)

  • John Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1185 RICHMOND STREET