487 BURBROOK PLACE, London East (East G)
$395,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 3 bedrooms, 2 bathrooms
- Living area
- 699 sqft
- MLS®
- MLS® X14105428
- Neighbourhood
- East G
Excellent investment opportunity at 487 Burbrook Place, London! This versatile property features 2 bedrooms and 1 bathroom on the upper level, plus 2 bedrooms and 1 bathroom on the lower level. With separate kitchens and separate laundry facilities, this property offers excellent potential for multi-generational living or an income-generating investment. Ideal for investors or owner-occupants looking to offset their mortgage with rental income. Conveniently located close to shopping, schools, parks, public transit and everyday amenities. A great opportunity to add a versatile property to your portfolio or make it your next home!
Sold data
Homes in East G — recent sold market
Homes in East G took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 56, across 105 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $399,900.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
- Median days to sell
- 30
- Median sale price
- $399,900
- Sale-to-list ratio
- 96.5%
- Sold above asking
- 6%
Based on 105 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London East (East G)
London East (East G) 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 G)
- 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 487 BURBROOK PLACE
$399,900
Detached321,100–1,500 sqft98 MAMELON STREET E, East L, London East
$399,000
Detached331,100–1,500 sqft67 HYLA STREET, East M, London East
$379,900
Detached311,100–1,500 sqft1030 YORK STREET, East M, London East
$449,900
Detached321,100–1,500 sqft1024 JALNA BOULEVARD, South X, London South
$489,900
Detached321,100–1,500 sqft28 CORINTH COURT, East A, London East
$459,000
Detached422,000–2,500 sqft93 STANLEY STREET, South F, London South
$364,990
Detached22700–1,100 sqft328 OAKLAND AVENUE, East M, London East
$474,900
Detached32700–1,100 sqft42 STROUD CRESCENT, South X, London South