$25
For sale: Other

Prime downtown restaurant opportunity in a prominent location near York Street and Richmond Street, directly facing VIA Rail Station and close to major transit routes. Approximately 2,000 square feet, offering a strong layout for restaurant, bar, lounge, café, or event-based use. The premises have undergone leasehold improvements and have been renovated for restaurant operation, including commercial kitchen infrastructure, bar area, washrooms, sprinkler system, and related building upgrades. Excellent visibility, steady pedestrian exposure. A great opportunity to lease a restaurant-improved space without starting from scratch. Lease rate plus additional rent and HST. Chattels and equipment to be confirmed. Possession to be arranged.
Sold data
Homes in East K took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 80, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $319,900.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 80 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
London East (East K) 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.
Currently for sale

$1
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