475 GREY STREET, London East (East E)

$2,495,000

For sale: Vacant Land

Vacant Land at 475 GREY STREET, London East (East E)
Property type
Land
MLS®
MLS® X13025024
Neighbourhood
East E

Shovel Ready for 36 townhome units. 475 Grey Street, London, ON Royal LePage Commercial & REC Commercial present a prime residential development opportunity in London, Ontario. This 0.927-acre (0.375-hectare) serviced site is zoned R8-4, allowing for apartment buildings, stacked townhomes, senior housing, and more. Positioned at the corner of Grey Street and Maitland Street, this location offers excellent potential for multi-unit residential development.

Sold data

Vacant Land homes in London East (East E) — recent sold market

Vacant Land homes in London East (East E) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 68, across 65 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $649,900.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$649,900
Sale-to-list ratio
97.8%
Sold above asking
11%

Based on 65 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 E)

London East (East E) 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 E)

  • John Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 475 GREY STREET