$599,900
For sale: Other

A+ Location with Oppourtunites Abound! Special property with OC5 zoining allowing for Medical and Dental practice. This stately all brick building, which has operated as the Munro family medical practice servicing London for over 51 years,, is now for sale. This high traffic corner lot location of Wharncliffe Road North and Empress Ave services both the Wharncliffe Road and Oxford Street West corridors. Multi purpose property with main floor commercial office space featuring an extra large 2nd floor residential 3 bedroom, 2 bath unit with full kitchen and seperate entrance. This special property suits many buyers. Run your own medical practice with live in oppourtunity, or rent out the upper unit for supplemental income. Property features an oversized single garage with ample parking area which could be augmented upto 7-8 parking spots. High Investor/Developer potential with potential multi student residential conversion being on main bus line and close proximity to Western University. Buyer to due their own due diligence on zoning and allowances. An amazing oppourtunity and value!
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.
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 North (North N) 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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