453 BATHURST STREET, London East (East K)

$629,900

For sale: Multiplex

Multiplex at 453 BATHURST STREET, London East (East K)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13214652
Neighbourhood
East K

Located in nearby heart of downtown London. This solid brick duplex (currently) is a turn-key operation rebuilt approximately 22 years ago. 2 units upper and lower. Approx 700sqft each, two-2 bed units--individual heating systems, tenant pays own utilities (heat, light, water) all separate meters. Parking allows for approximately 8 cars, with separate driveway entrances. No shared common area. Built past current standards at the time of construction, foam insulation main floor walls, double brick, 2x6 construction, sound proofing in ceiling, all fire coded and licensed through the city (licenses provided), separate entrance with commercial steel doors, main floor unit has custom wrought iron screen door. Each unit has gas stand-alone fireplaces that heat the unit with electric baseboard backups. Security cameras system installed monitored through app. Could be converted back to single-use again with inside access to both floors. This is a perfect opportunity to have a small business and still have an income to cover bills. Live in or retain current tenants. The new owner will assume new tenants at the time of closing. Take note of the Zoning Description in Docs. Many Uses under the BDC (35)H13Business District Commercial Area View Doc for rent. Roll. Do not go direct. L/A will coordinate with tenants

Sold data

Homes in East K — recent sold market

Homes in East K took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 80, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.

The median sale price was $319,900.

Homes sold for about 4.1% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 34% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$319,900
Sale-to-list ratio
95.9%
Sold above asking
8%

Based on 80 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 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 453 BATHURST STREET