$2,690,000
For sale: Other

Great opportunity to purchase this industrial building with 3.46 acres in a great location for east access to highway and airport. The property's H108-LI1 zoning provides flexibility for a broad range of potential commercial, light industrial, manufacturing, warehousing and service-related uses, making this an attractive option for both established businesses and growing companies. The combination of substantial warehouse space and dedicated office area provides an efficient layout for businesses requiring their administrative, operational, manufacturing and storage functions under one roof. LI1 zoning permits a variety of uses, including manufacturing and assembly industries, warehouse and wholesale establishments, laboratories, research and development establishments, business services, office support, custom and artisan workshops, services trades and other permitted uses.
Sold data
Other homes in London East (East A) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 A) 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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