$13/sqft
For rent: Other

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. Additional rent $6.00 PER SQ FT for T.M.I .
Sold data
Homes in London East (East E) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 52, across 1,083 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $549,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 1,083 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East E) 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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