356 RICHMOND STREET, London East (East K)
$549,000
For sale: Other
- Property type
- Store W Apt/Office
- MLS®
- MLS® X13722666
- Neighbourhood
- East K
Approximately 5,200 sq. ft. 3-storey mixed-use property ideally situated on Richmond Street near King Street in the heart of Downtown London. Main floor commercial space with excellent visibility and pedestrian exposure, while the 2nd and 3rd floors offer potential for up to 4 residential units, providing an attractive live/work or investment opportunity. Located just steps from Fanshawe College's Downtown Campus, Canada Life Place, Covent Garden Market, major corporate office towers, hotels, restaurants and downtown amenities. DA1/TSA5 zoning offers a range of potential uses. An excellent opportunity for investors, owner-users and developers seeking a well-located downtown property with significant upside potential. Property only for sale, business not included in sale.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 356 RICHMOND STREET
$549,900
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Detached321,100–1,500 sqft574 PRINCESS AVENUE, East F, London East
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Detached32700–1,100 sqft36 UPCOTT CRESCENT, South Y, London South