$699,900
For sale: Vacant Land

Now available: a 7-parcel land assembly offering approximately 1.52 acres in a highly sought-after, rapidly growing area. ZonedR8-3 and R2-3, the site supports a variety of residential development options, including low-rise apartment buildings or stacked townhomes. Ideally positioned with convenient access to major transportation routes and everyday amenities, the property is close to excellent schools, shopping, and services, including Smart Centres London East. The assembled footprint offers flexibility for a larger-scale project or phased development within a well-established community.A standout investment opportunity with strong upside in a proven location.
Sold data
Vacant Land homes in London East (East H) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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.
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
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.
Currently for sale

$679,900
Detached232 CHELTON ROAD, South U, London South

$675,000
Other463 KING STREET, East K, London East

$699,900
Other159 ALBERT STREET, East F, London East

$775,000
Detached31 CHALMERS STREET, East B, London East

$799,900
Detached997 MAITLAND STREET, East B, London East

$450,000
Vacant Land1849 DUNDAS STREET, East H, London East