330 BURWELL STREET, London East (East K)
$999,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 4 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® X12278404
- Neighbourhood
- East K
Superb core investment opportunity describes this two property offering in downtown London. TWO BUILDINGS FOR THE ONE PRICE....First property is 330 Burwell St....Quality yellow brick 4 plex with good income and strong tenant history. Three 1 bedroom units and one 2 bedroom. The two main level 1 bedroom units have been recently renovated with open concept floor plans and updated kitchens and baths. The upper units offer more charm and character and loads of natural light. Second building is 444 York... impeccably maintained character yellow brick stand alone building boasting over 3200 square of functional space. Spacious entry foyer, large reception area, 10 individual offices plus a private board room, staff kitchen space and storage. High traffic location. City bus route. Zoning provides for an abundance of commercial/office/retail uses. Direct exposure and signage off York Street. Both properties have ample parking with 17 spots in total.
Sold data
Homes in East K — recent sold market
Homes in East K took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 80, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $319,900.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
- Median days to sell
- 39
- Median sale price
- $319,900
- Sale-to-list ratio
- 95.9%
- Sold above asking
- 8%
Based on 80 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 K)
London East (East K) 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 K)
- 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 330 BURWELL STREET
$800,000
Multiplex633 STATION STREET, St. Thomas, St. Thomas
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Detached4+121,500–2,000 sqft28 REDFORD ROAD, North B, London North
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Detached331,500–2,000 sqft1583 APPLEROCK AVENUE, North S, London North
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Detached332,000–2,500 sqft3200 JINNIES WAY, South W, London South
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Detached332,000–2,500 sqft105 RICHMEADOW CRESCENT, North M, London North
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Detached331,500–2,000 sqft821 SPRUCEWOOD DRIVE, North C, London North
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Detached221,500–2,000 sqft3150 MORGAN AVENUE, South W, London South
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Detached4+231,100–1,500 sqft93 MCTAGGART COURT, North C, London North