2 - 301 OXFORD STREET W, London North (North N)

$16/sqft

For rent: Other

Other at 2 - 301 OXFORD STREET W, London North (North N)
Property type
Commercial Retail
MLS®
MLS® X13753568
Neighbourhood
North N

Prime retail unit located directly beside Metro inside Cherryhill Mall, offering a rare opportunity to operate beyond standard mall hours matching Metros extended schedule allowing you to stay open until 10 PM Monday to Friday and until 9 PM on weekends. Unit 2 spans 3,107 SF and is strategically positioned near Western University and Downtown London with easy access to major public transit routes. Cherryhill Mall features over 50 diverse retailers and services, anchored by Metro and Shoppers Drug Mart, and draws heavy foot traffic from the surrounding dense cluster of high-rise apartments with excellent exposure along Oxford Street, one of Londons busiest arterial roads. Current tenants include; Stacked Burger, Metro, Shoppers Drug Mart, Passport Canada Office, Chatr Mobile, London Public Library, The Real Thrift Store, a fully tenanted food court, Gino's Pizza, and many more. LANDLORD WILLING TO WORK WITH QUALIFIED TENANTS TO BUILD A SIGNATURE SPACE. Lease rate is $16.00 per SF net plus $16.55 per SF additional rent, totalling $8,427.73 per month plus HST and utilities.

Sold data

Other homes in London North (North N) — recent sold market

Other homes in London North (North N) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 North (North N)

London North (North N) 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 North (North N)

  • 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.

Currently for sale

Homes for sale near 2 - 301 OXFORD STREET W