511 QUEBEC STREET, London East (East G)
$649,000
For sale: Other
- Property type
- Store W Apt/Office
- MLS®
- MLS® X13524048
- Neighbourhood
- East G
511 Quebec Street is a highly visible corner property offering a mix of commercial and residential potential. The main floor features a well-established convenience store, operating as a beloved neighborhood staple for over 26 years as the current owners now prepare for a well-deserved retirement. Upstairs is a 2-bedroom, 1-bathroom apartment with a separate entrance that provides excellent long-term rental income potential or a convenient zero-commute living space for an owner-operator. The property also features a full basement equipped for abundant business inventory storage and laundry facilities. This is a turnkey chance to take over a legacy community business or bring your own entrepreneurial vision to life in a vibrant, growing district.
Sold data
Other homes in London East (East G) — recent sold market
Other homes in London East (East G) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 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 511 QUEBEC STREET
$649,900
Detached321,100–1,500 sqft39 SHEPHERD AVENUE, East H, London East
$659,900
Detached321,100–1,500 sqft2 LLOYD MANOR CRESCENT, North M, London North
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Detached3+121,100–1,500 sqft1662 ATTAWANDARON ROAD, North F, London North
$649,900
Detached32700–1,100 sqft140 OAKWOOD PLACE, Dorchester, Thames Centre
$599,000
Detached321,100–1,500 sqft323 CLARKE ROAD, East H, London East
$649,900
Detached521,500–2,000 sqft123 MILL STREET, East F, London East
$649,900
Detached4+121,500–2,000 sqft14 THE BIRCHES STREET, South T, London South
$674,900
Detached321,500–2,000 sqft272 WILKINS STREET, South R, London South