430 FIRST STREET, London East (East H)
$349,000
For sale: Other
- Property type
- Sale Of Business
- MLS®
- MLS® X13440670
- Neighbourhood
- East H
Prime 5,000 sq ft turnkey BUSINESS SALE located in a very busy and highly traffic area of London neighbourhood, currently operating as a Portuguese grocery store that celebrates a diverse cultural mix of foods. Delivering strong cash flow and a prominent community presence, this location is ideal for an owner-operator or family business seeking long-term stability and growth. Features include a full commercial kitchen with a 12' hood and fire-suppression system, prep tables, coolers and freezers. A grocery area plus central customer seating for the instore experience of freshly prepared foods with family and friends. Rear dock-level loading into staging and prep areas for efficient business flow, dedicated 240V electrical service with 400A capacity, a monitored alarm system, and ample customer parking at the rear. Consistent year-round performance with clear upside to further expand prepared foods or catering, extend hours, or broaden retail offerings to accelerate revenue growth.
Sold data
Other homes in London East (East H) — recent sold market
Other homes in London East (East H) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 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 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.
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