162-164 MILL STREET, London East (East F)
$1,495,000
For sale: Vacant Land
- Property type
- Land
- MLS®
- MLS® X13417756
- Neighbourhood
- East F
Exceptional development opportunity in the heart of Downtown London. Situated on a 7,104 sq. ft. parcel at 162-164 Mill Street, this prime infill site is positioned within one of the city's fastest-growing redevelopment corridors, just one block from Richmond Street.Surrounded by restaurants, cafés, shopping, entertainment, transit, and major employment hubs, the property is ideally located for future residential intensification. The existing semi-detached dwelling offers holding value while buyers explore the site's redevelopment potential, with the possibility of a multi unit residential project, subject to zoning, planning approvals, permits, and all applicable City of London requirements.The Mill Street neighbourhood continues to experience significant investment, with a dynamic mix of established homes, rental properties, student housing, young professionals, and new multi-residential developments. Located approximately 10 minutes from Western University, home to more than 40,000 students, faculty, and staff, the area benefits from strong and consistent housing demand. Fanshawe College, major hospitals, Victoria Park, Canada Life Place, Covent Garden Market, and the downtown core are all within close proximity.Whether you're a developer, builder, or investor seeking your next urban infill project, this is a rare opportunity to secure land in one of London's most active growth areas. Buyers are encouraged to complete their own due diligence with the City of London regarding permitted uses and future development potential.
Sold data
Vacant Land homes in London East (East F) — recent sold market
Vacant Land homes in London East (East F) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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.
- Median days to sell
- 35
- Median sale price
- $649,900
- Sale-to-list ratio
- 97.8%
- Sold above asking
- 11%
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
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
Homes for sale near 162-164 MILL STREET
$1,420,000
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Other426 THIRD STREET, East H, London East
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$1,299,999
Multiplex305 CENTRAL AVENUE, East F, London East
$1,499,900
Other25611 MCGILLIVRAY DRIVE, Rural Lucan Biddulph, Lucan Biddulph
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Other330 WELLINGTON STREET, Sarnia, Sarnia
$1,399,999
Detached322,000–2,500 sqft52 WYNFIELD LANE, Melrose, Middlesex Centre
$1,299,900
Detached321,100–1,500 sqft22403 SPRINGFIELD ROAD, Rural Southwest Middlesex, Southwest Middlesex