1228 RICHMOND STREET, London East (East B)
$799,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 6 bedrooms, 2 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X14102416
- Neighbourhood
- East B
Location, location, location! Situated just steps from the gates of Western University, 1228 Richmond Street presents an exceptional turn-key investment opportunity. This solid 2-storey brick property features parking for 4 vehicles and major capital upgrades, including an energy-efficient heat pump (2025), upgraded attic insulation (2025), and a new hot water tank (2024). The main residence boasts original hardwood floors, classic wood trim, a spacious kitchen, 4 bedrooms (1 main, 3 upper), a full bath, upper-level laundry, and a large deck overlooking a low-maintenance green space. A separate side entrance leads to a basement unit with 2 bedrooms, 1 bath, kitchen, living room and private laundry. Unmatched convenience and income potential in a prime corridor of London.
Sold data
Homes in East B — recent sold market
Homes in East B took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 51, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $632,400.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $632,400
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 10%
Based on 30 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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 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
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