339 HORTON STREET E, London East (East K)

$5,595,000

For sale: Other

Other at 339 HORTON STREET E, London East (East K)
Property type
Commercial Retail
MLS®
MLS® X10442623
Neighbourhood
East K

Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy. Gross income $300,000+ (with built-in future escalations), cap rate >4%. Mixed-use commercial plaza with eight(8) separate units, ample on-site parking, corner location. 15,000+ square feet. Classic Victorian building is completely modernized. Includes stunning designer loft apartment. On main high-profile arterial road. Walking distance to downtown, train & bus stations on public transportation route. Many potential uses under current zoning. Book a viewing appointment today! Vendor VTB mortgage.

Sold data

Other homes in London East (East K) — recent sold market

Other homes in London East (East K) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $575,000.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 19% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$575,000
Sale-to-list ratio
97.8%
Sold above asking
19%

Based on 31 recorded sales in the last 2 years — 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 339 HORTON STREET E