$1,299,999
For sale: Other

Position your business or investment portfolio in one of Downtown London's most sought-after locations. Prominently situated along the vibrant Dundas Place Flex Street and directly overlooking the prestigious Covent Garden Market Square, this unique mixed-use property offers outstanding visibility, flexibility, and long-term upside.The property features two commercial units at street level. The front retail space is occupied by a long-standing tenant on a month-to-month basis, providing immediate income with future flexibility. The rear commercial unit will be delivered vacant on closing, presenting an exceptional opportunity for an owner-occupier or the ability to lease at current market rents. With direct access and exposure to Covent Garden Market Square, this space benefits from excellent pedestrian traffic in one of the city's premier downtown destinations.The upper level currently consists of residential apartments that are ready for renovation and reconfiguration, allowing the next owner to unlock significant value. Whether you choose to modernize and maximize the residential component or explore conversion to additional commercial space, the property offers exceptional redevelopment potential, subject to municipal approvals. Located just steps from Canada Life Place, Covent Garden Market, Market Square, major office towers, restaurants, cafés, entertainment, and numerous new residential developments, this is a rare opportunity to acquire a highly adaptable asset in London's rapidly evolving downtown core. Whether you're an investor seeking value-add potential, a business owner looking to establish a flagship downtown presence, or a developer searching for a property with multiple future possibilities, this offering presents an exceptional opportunity. The possibilities are truly endless.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.
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
London East (East K) 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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