4 - 540 CLARKE ROAD, London East (East I)

$13.50/sqft

For rent: Other

Other at 4 - 540 CLARKE ROAD, London East (East I)
Property type
Office
MLS®
MLS® X13847124
Neighbourhood
East I

Unit 4 at 540 Clarke Rd offers a 1,950 SF space featuring five spacious offices, two bathrooms, a kitchenette, and approximately 600 SF of warehouse/storage space with a double man door. The property provides ample free parking and a pylon sign available for $50 per month. Located in a high-traffic area at the corner of Clarke Rd. Zoned RSC4 and LI7, the property allows for a wide range of uses, including but not limited to bake shops, financial institutions, florist shops, personal service establishments, brewing on-premises establishments, building or contracting establishments, repair and rental establishments, service and repair establishments, custom workshops, and more. Net rent of $13.50 per SF plus $5.50 in additional rents, totalling $3,087.50 per month, plus HST and utilities.

Sold data

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

Other homes in London East (East I) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 I)

London East (East I) 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 I)

  • 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 4 - 540 CLARKE ROAD