232 DUNDAS STREET, London East (East F)

$1,650,000

For sale: Multiplex

Multiplex at 232 DUNDAS STREET, London East (East F)
Property type
Investment
MLS®
MLS® X13564006
Neighbourhood
East F

Downtown London, Trendy 3 Storey building updated with 2 modern high end apartments. Great retail/commercial area 3600 sqft with several updates and upgrades. Building Square Footage: Approx. 5,780 total sqft over 3 levels and basement. Main Floor: Approx. 3,200 sqft of Retail Commercial space & approx. 350 sq ft in basement Divided in 3 units (East unit is currently leased for $2,200+ HST pre month | West is leased for $2,300 + HST pre month | Rear Unit is Vacant Potential rent is $2,700 + HST pre month). Second Floor 1 bedroom apartment approx. 1320 sqft currently renting for $2,200. 3rd floor 1 bedroom apartment approx. 860 sqft rented for $2,000 pre month. Each floor is separately metered for hydro paid by tenant, landlord pays gas.

Sold data

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

Multiplex homes in London East (East F) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 124 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.

The median sale price was $599,900.

Homes sold for about 3.9% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$599,900
Sale-to-list ratio
96.1%
Sold above asking
13%

Based on 124 recorded sales in the last 1 year. 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 Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 232 DUNDAS STREET