$299,999
For sale: Detached

Exceptional investment opportunity in the heart of London! Set on a 33-ft x 119.9-ft lot, this property offers outstanding potential for investors, renovators, contractors, and builders looking to restore, remodel, or add value. Ideally located near downtown, schools, parks, shopping, public transit, and other key amenities, this property is well suited for renovation, rental income, or future redevelopment opportunities. The property is being sold "As Is, Where Is." Buyers and their representatives are advised to conduct their own independent due diligence with the City of London regarding zoning, permitted uses, redevelopment potential, servicing, and all applicable municipal approvals. The Seller makes no representations or warranties regarding the property's condition, zoning, future development potential, or Permitted Uses in AC2(1). Standard AC2 Uses: Animal hospitals, clinics, convenience stores, medical/dental offices, personal service establishments, studios, and residential dwelling units placed above the first floor. AC2(1) Special Additions: Financial institutions, retail stores, eat-in or take-out restaurants, and service/repair establishments. [1, 2]
Sold data
Detached homes in London South (South F) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 41, across 920 recorded sales.
The median sale price was $649,900.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 920 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South F) 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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