204-206 DUNDAS STREET, London East (East F)

$1

For sale: Other

Other at 204-206 DUNDAS STREET, London East (East F)
Property type
Investment
MLS®
MLS® X13880162
Neighbourhood
East F

204-206 Dundas Street is a beautiful historic building in the heart of downtown London, offering convenient access to transit, restaurants, shops and surrounding amenities. The property benefits from flexible DA1 zoning, permitting a wide range of uses including retail, offices, restaurants, medical/dental, apartment buildings, commercial recreation and more. The building is currently occupied by a long-term tenant on a 20-year lease with multiple 10-year renewal options. Structured as a net lease, the property offers a hands-off investment opportunity with long-term income potential in a prominent downtown location. Current NOI of $188,206.20

Sold data

Other homes in London East (East F) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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

London East (East F) 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 East (East F)

  • 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 204-206 DUNDAS STREET