$1,485,000
For sale: Other

This property boasts 3,854 square feet of prime retail space on the main floor, along with an additional 3,830 square feet in the basement. It occupies a strategic location in Downtown London at the bustling corner of Wellington and Dundas Streets. Surrounded by prominent downtown office towers, this site guarantees substantial foot traffic, making it highly suitable for a diverse range of commercial ventures. Previously, it successfully housed Mac's/Circle K and Subway, demonstrating its capacity for high-demand businesses. Additionally, its location along the forthcoming bus rapid transit line enhances its appeal, positioning it as an outstanding opportunity for both owner-operators and savvy investors ready to capitalize on this high-potential asset.
Sold data
Other homes in London East (East K) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 East (East K) 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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