159 ALBERT STREET, London East (East F)
$699,900
For sale: Other
- Property type
- Investment
- MLS®
- MLS® X13462364
- Neighbourhood
- East F
Looking for your next great investment? 159 Albert St is a well maintained, fully leased, commercial building situated steps to Richmond Row, in the heart of downtown London. The building is comprised of two separate units, totaling approximately 2198 sq ft above grade of rentable space, with nine parking spots (rare in downtown!). The main level unit is currently rented to a barbershop. Upper level (renovated in 2025) has four separate office spaces and is rented to a psychotherapist. Units have separate heating/cooling controls. OC7 zoning allows for a wide variety of uses including business service establishments, medical/dental, office, personal service establishment, studios, financial services, and restaurants.
Sold data
Other homes in London East (East F) — recent sold market
Other homes in London East (East F) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 F)
London East (East F) 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 F)
- 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
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