1255 SOUTHDALE ROAD E, London South (South Y)

$1,495,000

For sale: Other

Other at 1255 SOUTHDALE ROAD E, London South (South Y)
Property type
Commercial Retail
MLS®
MLS® X13113230
Neighbourhood
South Y

Superb investment opportunity describes this high profile, high traffic property minutes from all amenities including 401 access. Triple AAA long term tenant with triple net lease. Tenant still under lease for another 4 years with an additional 5 year renewal extension at the tenant's option. Future development potential of the almost one acre site further improves your investment.

Sold data

Homes in South Y — recent sold market

Homes in South Y took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 47, across 86 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.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 $517,400.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$517,400
Sale-to-list ratio
97.0%
Sold above asking
5%

Based on 86 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South Y)

London South (South Y) 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 South (South Y)

  • 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 1255 SOUTHDALE ROAD E