298 HYMAN STREET, London East (East F)

$1,650,000

For sale: Multiplex

Multiplex at 298 HYMAN STREET, London East (East F)
Property type
Investment
Bedrooms / bathrooms
6 bathrooms
MLS®
MLS® X13762420
Neighbourhood
East F

Exceptional investment opportunity in the heart of downtown, just steps from Victoria Park. This beautifully renovated multi-unit property offers six well-maintained units, including a stunning owner-occupied live-in suite designed with comfort and style in mind. Perfect for investors or owner-operators looking to enjoy downtown living while generating strong rental income. The property showcases quality updates throughout, blending character and charm with modern finishes. The live-in unit has been thoughtfully designed with spacious living areas, upgraded kitchen and bath features, and direct access to an incredible private outdoor retreat. Enjoy entertaining in the outdoor kitchen area or relaxing on the secluded patio space. Additional highlights include a detached garage which currently houses parking for one car work shop and storage, ample outdoor living space, and excellent curb appeal. Located in the vibrant core area, tenants and owners alike will appreciate being within walking distance to restaurants, entertainment, parks, transit, and all downtown amenities. A rare opportunity to own a turnkey multi-unit property in one of the city's most desirable central locations.

Sold data

Homes in East F — recent sold market

Homes in East F took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 70, across 92 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.

The median sale price was $447,450.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$447,450
Sale-to-list ratio
96.4%
Sold above asking
8%

Based on 92 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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 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 298 HYMAN STREET