$1
For sale: Other

Excellent investment and owner-operator opportunity at one of London's busiest intersections, with an estimated traffic count of approximately 80,000 vehicles per day. The property is currently home to a busy and well-established convenience store, providing immediate operating potential in a highly visible location. Flexible lease options may be available, making this an attractive opportunity for both investors seeking rental income and owner-operators looking to run their own business from the premises. With B.D.C. zoning, the property also offers flexibility for a variety of other commercial uses. High exposure, strong traffic flow and versatile zoning make this a unique opportunity in a prominent London location.
Sold data
Other homes in London East (East K) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.
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
London East (East K) 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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