3 - 1086 COMMISSIONERS ROAD E, London South (South J)

$189,988

For sale: Other

Other at 3 - 1086 COMMISSIONERS ROAD E, London South (South J)
Property type
Sale Of Business
MLS®
MLS® X14125290
Neighbourhood
South J

Excellent opportunity to own Pond Mills Cleaners, an established dry cleaning and alterations business with approximately 40 years in business. Located at 1086 Commissioners Road East in London, this turnkey operation offers dry cleaning, professional tailoring and on-site alterations, serving a range of everyday garments, formal wear and specialty items. Attractive all-inclusive rent helps simplify operating expenses, making this an appealing opportunity for an owner-operator or entrepreneur looking to take over an established business with an existing customer base. Continue its long-standing reputation and build on its foundation for future growth. A great opportunity to step into an established business without starting from scratch!

Sold data

Homes in South J — recent sold market

Homes in South J took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 41, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.

The median sale price was $524,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

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

Median days to sell
24
Median sale price
$524,900
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 83 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 South (South J)

London South (South J) 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 South (South J)

  • 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 3 - 1086 COMMISSIONERS ROAD E