$1,150,000
For sale: Detached

ATTN INVESTORS, BUILDERS, DEVELOPERS! 0.9ACRE, MATURE LOT IN ESTABLISHED SUBDIVISION WITH HYDRO, GAS, WATER AND SEWERS. AN EXCELLENT OPPORTUNITY TO ADD EQUITY TO AN EXISTING LOT.3+1 BEDROOM, 3 BATH BRICK BUNGALOW w/finished basement, 1.5 attached insulated garage (presently used as a game/exercise room) can be converted to bedroom, or other type of accommodation for income potential. Situated on a 66'x 629' lot it's a great opportunity to add a Rear Unit Dwelling for added equity.Bungalow is in mint condition, move in ready,granite counters, hardwood floors, gas fireplace, hot tub, Lennox Furnace; shingles 50 year warranty 2021; 3 garden sheds, appliances included. Hot tub. 12X16 deck w/gazebo; bbq gas hookup; insulated garage 2 remotes. Riding lawn mower. Located minutes to Argyle Mall, Fanshawe College, Veterans Memorial Parkway/401.
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 45, across 783 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $639,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 783 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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