$247,700
For sale: Vacant Land

Lovely property to build your dream home. Pretty and peaceful Cul de sac location with other homes approximately 35 years old. Easy access to Hwy 401, downtown London and Fanshawe college. The lot is essentially a rectangle 55 ft x 108 ft with a slight slope for potential lower level lookout. Walking distance to coffee shops and restaurants, grocery store and all your shopping essentials providing ultimate convenience while tucked away on the cul de sac. Great neighbourhood with walking and bike trails. For the investor minded build up to 4 dwelling units; see the City of London website under "Additional Residential Units" for more information. Fantastic opportunity!
Sold data
Homes in East O took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 38, across 71 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 32 days.
The median sale price was $459,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 71 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 O) 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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