$259,999
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
Homes in South F took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 40, across 107 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.
The median sale price was $589,900.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 107 recorded sales in the last 1 year. 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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