$419,900
For sale: Detached

Welcome to the desirable Hale Street District in historic East London! This charming 2-bedroom bungalow sits on a deep 45x130 ft lot and presents a rare opportunity for first-time buyers, investors, flippers or handymen seeking immediate value and long term potential. Step inside to discover a functional main floor layout boasting 2-bedrooms plus a bonus room perfect for an office or den. Hardwood floors and a cozy wood-burning fireplace add warmth and character throughout. Adding further appeal, a second side-entrance leads directly to the basement ready for your finishing touches, creating flexible living options and rental income potential. Outside, a long driveway leads to a sizeable detached shop/garage offering ample space for parking, storage or projects. The well-maintained yard rounds out the package with generous room for gardening, outdoor living or relaxation. Education options abound with zoning for Prince Charles PS, Princess Anne French Immersion, St. Pius X, Clarke Road SS and John Paul II Secondary. Post-secondary students and faculty will enjoy the proximity to Fanshawe College and short distance to the 94 Express bus route heading to Western University. The surrounding neighbourhood further delivers exceptional everyday convenience. Walk to Kiwanis Park and enjoy the various dining and shopping options along Dundas Street, including Crabby Joe's. With just a short drive, you'll find East Lions Community Centre, Argyle Mall, Walmart Supercenter, Western Fair District and Gateway Casino, The Factory and the new Hard Rock Hotel. Commuters will also appreciate quick access to Highway 401, LHSC Victoria Hospital and London International Airport. This home is vacant and available now with flexible closing options.
Sold data
Detached homes in London East (East N) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East N) 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.
Currently for sale

$424,900
Detached396 AVONDALE ROAD, East H, London East

$379,000
Detached89 EGERTON STREET, East L, London East

$469,900
Detached544 PALL MALL STREET, East F, London East

$369,900
Detached18 HYLA STREET, East M, London East

$379,000
Detached1053 FRANCES STREET, East M, London East

$479,900
Detached1178 PRINCESS AVENUE, East G, London East

$474,000
Detached244 WEST STREET, Belmont, Central Elgin

$399,900
Detached946 LORNE AVENUE, East G, London East