350 HAMILTON ROAD, London East (East L)
$1,400,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13877158
- Neighbourhood
- East L
Prime mixed-use commercial property with great exposure on a high traffic volume street. Excellent investment opportunity for your portfolio or owner operated with the added bonuses of running the business from home. Zoned BDC allowing for a number of different uses including service & repair establishments, retail, convenience establishments, craft brewery, offices and more. 3 buildings - Showroom with warehousing totaling approx 5,000sqft, office building with a 1 bedroom and 2 bedroom apartment, and a third building with the potential for another storefront or additional residential unit. Longterm tenants in the 1 and bedroom units that would like to stay. Updates throughout the years including roofs, residential units, showroom and more. 3 phase on two of the buildings. 16 parking spots on site. Hamilton Road has an estimated 24,000 daily commuters offering great visibility for your business. Great location with quick access to Hwy 401. Buyer to due their own due diligence on zoning and allowances. Please contact Listing Agent and do not go direct.
Sold data
Homes in East L — recent sold market
Homes in East L took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 53, across 52 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $399,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
- Median days to sell
- 21
- Median sale price
- $399,900
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 25%
Based on 52 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 L)
London East (East L) 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 L)
- 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
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