$324,999
For sale: Detached

Attention investors, Builders and Contractors Renovators! Prime location, trendy growing area, solid potential, this bungalow is ready for your personal touch. The property is close to transit, amenities and downtown. Strong potential for rental with separate entrances. With a little TLC, this property can truly shine and unlock even greater returns. Important updates include roof (2010), siding, doors and windows (2011), furnace and A/C (2011), rental water heater (2012), and attic insulation (2014), helping reduce major capital costs. Add value, build equity, and capitalize on the upside this amazing property offers. Great opportunity for making an additional Residential Unit at the back. Properties as is, where is.
Sold data
Detached homes in London East (East K) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 773 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $638,888.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 773 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East K) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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