348 WINNIPEG BOULEVARD, London East (East H)

$455,000

For sale: Detached

Detached at 348 WINNIPEG BOULEVARD, London East (East H)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13682712
Neighbourhood
East H

An exceptional investment or multi-generational family home in London's highly sought-after Argyle neighborhood! This all-brick bungalow offers incredible income potential or space for extended family, featuring 3 bright and spacious main-floor bedrooms with a modern 4-piece bath, alongside a fully finished basement boasting 3 additional versatile rooms and a second full bathroom. The main level welcomes you with a sun-filled, west-facing living room and an inviting eat-in kitchen, all situated on a premium, fully fenced, mature lot. Perfect for multi-tenant use or hosting guests, the oversized driveway easily accommodates up to 6 cars. Positioned in a prime rental location just 2.6 km (a quick 5-minute drive) from Fanshawe College, with a convenient transit stop right at your doorstep, this cash-flowing property is currently generating $3,300/month. Whether you are looking to house hack or add a turn-key asset to your portfolio, this versatile home represents an unmatched opportunity in today's market. Some of the pictures are virtually staged.

Sold data

Detached homes in London East (East H) — recent sold market

Detached homes in London East (East H) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $629,900.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

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

Median days to sell
25
Median sale price
$629,900
Sale-to-list ratio
97.2%
Sold above asking
14%

Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East H)

London East (East H) 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 H)

  • John Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 348 WINNIPEG BOULEVARD