$2,280,000
For sale: Vacant Land

Prime Development Site For Sale in North London. Calling All Developers/ Investors. The Land is located on Sunningdale Road, close to schools, YMCA, all desired amenities, mature community plus growing/developing area. Around 1.954 acres, Relatively Flat/Rectangular Site. The current zoning is good for a new residential development or it is easy to rezoning to medium density residential development. Potential for Townhomes or low rise apartment buildings. The previous building has been professionally demolished by Artscrushing & Recycling Inc..
Sold data
Vacant Land homes in London North (North C) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 68, across 65 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $649,900.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 65 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
London North (North C) 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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