$1,249,900
For sale: Detached

Stop searching. This is the one.Nestled in the heart of Old North - one of London's most coveted and consistently high-demand neighbourhoods - this 11-bedroom, 5-bathroom income property delivers exactly what serious investors are looking for: stability, scale, and zero headaches.One cheque. Every month. That's it.Currently leased to a reputable organization under long-term agreements, this property offers the kind of reliable, institutional-grade tenancy that lets you sleep at night. No chasing rent. No turnover chaos. Just consistent cash flow from a fully occupied, professionally maintained asset.The current owner has spared no expense - a newly added basement kitchen expands the property's multi-unit versatility, while thoughtful upgrades throughout reflect a genuine commitment to long-term quality. This isn't a flip. This is a property that's been cared for.And the location? Steps from Western University, in a neighbourhood where rental demand never sleeps - drawing students, medical residents, professionals, and institutional tenants year-round .Fully licensed with the City of London - compliance handled, peace of mind included. Turnkey operation - upgraded, tenanted, and income-producing from day one. Prime Old North address -character, curb appeal, and enduring desirability.Whether you're expanding your portfolio or planting your flag in one of Ontario's strongest university markets, this is the asset that checks every box.Opportunities like this don't wait. Neither should you.
Sold data
Homes in East B took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 57, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $610,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East B) 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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