1464 CRUMLIN SIDE ROAD, London East (East E)

$13/sqft

For rent: Other

Other at 1464 CRUMLIN SIDE ROAD, London East (East E)
Property type
Industrial
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13728524
Neighbourhood
East E

FOR LEASE - Versatil H108-LI1 COMMERCIAL/INDUSTRIAL SPACE. Excellent opportunity to lease a well - proportioned commercial/industrial facility offering approximately 12,179 sq. ft. of total space, consisting of approximately 8825 sq. ft. of warehouse space and 3,500 sq. ft. of office space. 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. This is an excellent opportunity for a tenant seeking functional and adaptable commercial / industrial premises with versatile zoning and a strong balance of warehouse and professional office space. Tenant and Tenant's REALTOR are responsible for verifying zoning, permitted uses, licensing requirements and all municipal approvals with the City of London to ensure the property is suitable for the Tenant's intended use.

Sold data

Other homes in London East (East E) — recent sold market

Other homes in London East (East E) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.

Median days to sell
21
Median sale price
$575,000
Sale-to-list ratio
97.8%
Sold above asking
19%

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

Schools in London East (East E)

London East (East E) 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 E)

  • 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 1464 CRUMLIN SIDE ROAD