181 WELLINGTON STREET, London East (East K)
$699,900
For sale: Other
- Property type
- Office
- Bedrooms / bathrooms
- 5 bathrooms
- MLS®
- MLS® X13123798
- Neighbourhood
- East K
Fantastic opportunity to acquire this turn key, free standing office building just steps to downtown. 4500 sq feet above grade and another approx 1000 sq feet of usable finished space in the lower level. Immaculate condition and updated finishes throughout with multiple private offices, board rooms, possible reception areas, 5 washrooms ( upper washroom w/ roughed in plumbing for shower ) , kitchenette, laundry areas and storage spaces. A rear addition was constructed years ago that allows for lots of natural light and great flow of work areas between the front and back of the building. Some other updates and features include, exterior steel stairs from second floor, ramp to back door from parking area, basement stairs to exterior, updated electrical, flooring, plumbing, central air units ( 2022 ), roof ( 2021 ), 2 furnaces, 2 water tanks, 2 HRV systems. Private rear parking area can accommodate 5 vehicles. Sellers also rent additional parking from the Church across the street at an affordable rate. Sign band and pylon signage offers great visibility along the nearly complete south Bus Rapid Transit route. Wide range of zoning options in the BDC(4) zone including many commercial and residential uses. Contact listing agent for more details.
Sold data
Other homes in London East (East K) — recent sold market
Other homes in London East (East K) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 K)
London East (East K) 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 K)
- 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.
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