$269,900
For sale: Apartment

Beautifully Renovated One-Bedroom Investment Opportunity - Cash Positive! Welcome to this beautifully renovated and spacious one-bedroom condo, offering the perfect combination of style, comfort, and investment potential. The thoughtfully designed layout features a large breakfast bar, a cozy gas fireplace, spacious double closets in the bedroom, and the convenience of in-suite laundry. This exceptional property is fully leased to an excellent tenant until July 31, 2027, providing immediate, reliable rental income and making it a cash-positive investment for savvy investors. Enjoy the benefits of low maintenance fees, professional management by a well-managed condominium corporation, and access to the building's outdoor swimming pool. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this condo offers outstanding value and peace of mind. Property is tenanted.
Sold data
Apartment homes in London East (East I) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 71, across 119 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $299,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 119 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East I) 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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