$509,900
For sale: Detached

Versatile property that will appeal to investors, buyers looking for a mortgage helper or large family wanting a move-in ready place to settle. This brick bungalow sits on a fenced lot within walking distance to Fanshawe College near schools, shopping and transit. It has been freshly painted and is mostly carpet free. Plenty of bedrooms, two bathrooms, and convenient stackable washer and dryer (2021) in the lower level plus parking for at least five vehicles. Updates (per previous listing) include shingles (2017), eaves and soffits (2020), exterior doors (2017/2018) and most windows have been replaced. Furnace updated in 2021. With the large living room and convenient lower rec room, there is ample room for everyone to gather or have some space. Property is easy to show and quick possession is possible/preferred.
Sold data
Detached homes in London East (East H) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 751 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $629,900.
Homes sold for about 2.9% 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 751 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East H) 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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