225 SIMCOE STREET, London East (East K)
$369,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 3 bedrooms, 1 bathroom
- Living area
- 1,100 sqft
- MLS®
- MLS® X13113894
- Neighbourhood
- East K
Welcome to 225 Simcoe Street - a fully renovated, move-in ready bungalow in the heart of London's SOHO district that delivers incredible value at an entry-level price point.This updated 3-bedroom home offers a bright, open-concept living and dining space, a clean modern kitchen, a full 4-piece bath, and the added convenience of main floor laundry. The interior has been thoughtfully refreshed, giving you a stylish, low-maintenance home you can enjoy immediately.Even better - most of the furniture is included (excluding a few items), making this a true turnkey opportunity for first-time buyers or investors looking for a seamless setup.The 28 x 50 ft lot provides just enough outdoor space for a patio or garden without the hassle of heavy upkeep - a perfect condo alternative with no fees. One parking space is available via a shared driveway.Location is everything, and this one delivers - just minutes to downtown London, major bus routes, and key amenities.Opportunities like this don't last. With strong rental potential and proven income history, this property is an easy decision for anyone looking to get into the market or add to their portfolio.Act fast - homes at this price point in this condition are rare and move quickly.
Sold data
Detached homes in London East (East K) — recent sold market
Detached homes in London East (East K) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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 $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $629,900
- Sale-to-list ratio
- 97.2%
- Sold above asking
- 14%
Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London East (East K)
London East (East K) 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 K)
- 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 225 SIMCOE STREET
$415,000
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Townhouse211,000–1,199 sqft7 ARBOUR GLEN CRESCENT, East A, London East
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