205 WHARNCLIFFE ROAD S, London South (South E)

$1,750,000

For sale: Other

Other at 205 WHARNCLIFFE ROAD S, London South (South E)
Property type
Commercial Retail
MLS®
MLS® X13631980
Neighbourhood
South E

EXCEPTIONAL EXPOSURE ON WHARNCLIFFE RD S! High-profile 3,000 SF commercial building on a 10,000+ SF lot with 36,000+ daily vehicle traffic. Features AC4/AC5 zoning allowing for a massive variety of uses. Ideal for turnkey automotive, versatile retail/office, or redevelopment. The current layout features 2 bay doors, a customer waiting area with reception, 2 bathrooms, and upper-level office/storage. The price does not include the business. Opportunity to lease back the unit to the business or buy the business. Extensively updated in 2017, plus a new roof and wastewater/oil separator in 2021. Additional perks include a massive double-sided LED street sign and a fully fenced yard with a secure storage compound. A rare find on a main arterial road!

Sold data

Homes in South E — recent sold market

Homes in South E took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 68 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $444,450.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$444,450
Sale-to-list ratio
96.8%
Sold above asking
12%

Based on 68 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

Schools in London South (South E)

London South (South E) 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 South (South E)

  • 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 205 WHARNCLIFFE ROAD S